Private Schools Market: ZIP 37135
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37135 is an urban area with low foot traffic. with a population of 23,231 and household incomes well above the national median ($146,028).
Area Profile
23,231
Population
$146,028
Median Income
+96% vs. national
Urban
Area Type
5.1/20
Foot Traffic
Very Car-Dependent
Median Age: 38.8 —
mixed-age market, broad menu appeal.
College-Educated: 42.1% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 37135.
3
Child Care Centers
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,740
2BR Fair Market Rent
$2,217
Median Gross Rent
$630 K
Median Home Value
5
Bank Branches
$250 K deposits
Tips for Starting a Private School Business in Tennessee
- Accreditation takes 2-3 years but determines whether your tuition qualifies for tax credits and whether colleges recognize your diplomas.
- Your first 50 students are the hardest. Most private schools break even around 80-120 students. Plan for 2-3 years of operating losses.
- Facility costs dominate. Leasing a church or community center cuts your startup cost by 60-80% vs. building or buying.
- Teacher salaries run 15-30% below public school equivalents. You'll attract mission-driven educators, but benefits and culture have to compensate.
- The median income here is $146,028. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 5
vs. National Average
Median Income
+96% vs. $74,580
Walkability
-5.4 pts vs. national avg
Nearby Markets
37014
4.2 mi
Pop: 3,633
$104,938
37067
6.4 mi
Pop: 31,550
$110,202
Walk: 10.6
37027
9.4 mi
Pop: 61,961
$156,002
Walk: 7.5
37046
9.4 mi
Pop: 6,632
$162,712
37013
10.0 mi
Pop: 102,055
$72,233
Walk: 9.1
37167
10.6 mi
Pop: 63,660
$79,720
Walk: 6.2
37211
10.9 mi
Pop: 77,117
$69,936
Walk: 10.2
37086
10.9 mi
Pop: 37,786
$79,285
Walk: 7.0
Check Another Market
Or estimate costs with the PrivateSchoolCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits