Private Schools Market: ZIP 37211
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37211 is an urban area with moderate foot traffic. with a population of 77,117 and household incomes near the national median ($69,936). There are 5 private schools operations in ZIP 37211.
Area Profile
77,117
Population
$69,936
Median Income
-6% vs. national
Urban
Area Type
10.2/20
Foot Traffic
Walkable
Median Age: 32.1 —
mixed-age market, broad menu appeal.
College-Educated: 28.7% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 37211.
5
Private Schools
Low competition — room to establish
0.6 per 10K residents
12
Child Care Centers
1.6 per 10K residents
What this means:
Private Schools are 29.4% of the relevant market in ZIP 37211 (5 vs. 12 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,780
2BR Fair Market Rent
$1,444
Median Gross Rent
$370 K
Median Home Value
16
Bank Branches
$1.4 M 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 5
- Related Businesses
- 12
- Bank Branches
- 16
vs. National Average
Median Income
-6% vs. $74,580
Walkability
-0.3 pts vs. national avg
Nearby Markets
37204
4.5 mi
Pop: 17,004
$109,341
Walk: 15.7
37220
4.8 mi
Pop: 5,483
$156,227
Walk: 7.9
37217
5.4 mi
Pop: 31,440
$61,529
Walk: 10.4
37210
5.7 mi
Pop: 17,116
$43,343
Walk: 13.1
37027
6.3 mi
Pop: 61,961
$156,002
Walk: 7.5
37013
6.5 mi
Pop: 102,055
$72,233
Walk: 9.1
37212
7.1 mi
Pop: 20,046
$86,461
Walk: 16.1
37203
7.3 mi
Pop: 20,234
$69,671
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