Private Schools Market: ZIP 37411
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37411 is an urban area with moderate foot traffic. with a population of 18,815 and household incomes near the national median ($50,180). There are 6 private schools operations in ZIP 37411.
Area Profile
18,815
Population
$50,180
Median Income
-33% vs. national
Urban
Area Type
11.7/20
Foot Traffic
Walkable
Median Age: 38.2 —
mixed-age market, broad menu appeal.
College-Educated: 20.0% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 37411.
6
Private Schools
Moderate — proven market
3.2 per 10K residents
8
Child Care Centers
4.3 per 10K residents
What this means:
Private Schools are 42.9% of the relevant market in ZIP 37411 (6 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
2BR Fair Market Rent
$1,031
Median Gross Rent
$220 K
Median Home Value
1
Bank Branches
$98 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 6
- Related Businesses
- 8
- Bank Branches
- 1
vs. National Average
Median Income
-33% vs. $74,580
Walkability
+1.2 pts vs. national avg
Nearby Markets
37412
2.0 mi
Pop: 21,840
$56,600
Walk: 8.6
37404
3.0 mi
Pop: 13,883
$53,585
Walk: 17.1
37406
3.4 mi
Pop: 12,867
$42,993
Walk: 12.0
37407
4.4 mi
Pop: 10,164
$33,785
37403
4.7 mi
Pop: 6,560
$65,750
37421
5.3 mi
Pop: 52,516
$79,958
Walk: 7.3
37351
5.5 mi
Pop: 295
$38,965
37408
5.6 mi
Pop: 3,029
$91,000
Walk: 15.3
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