Private Schools Market: ZIP 37713
Opportunity Score
28
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37713 is an urban area. with a population of 1,348 and household incomes near the national median ($52,500).
Area Profile
1,348
Population
$52,500
Median Income
-30% vs. national
Urban
Area Type
Median Age: 48.2 —
older demographic, may prefer sit-down options.
College-Educated: 3.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$970
2BR Fair Market Rent
$821
Median Gross Rent
$140 K
Median Home Value
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
vs. National Average
Median Income
-30% vs. $74,580
Nearby Markets
37810
7.0 mi
Pop: 1,991
$32,609
37843
7.7 mi
Pop: 4,385
$66,071
Walk: 2.7
37809
8.4 mi
Pop: 2,392
$57,753
37821
8.5 mi
Pop: 22,113
$45,350
Walk: 6.0
37813
10.7 mi
Pop: 17,479
$47,783
37890
11.0 mi
Pop: 7,218
$61,905
Walk: 4.2
37860
11.4 mi
Pop: 3,739
$74,904
Walk: 5.0
37818
13.2 mi
Pop: 5,407
$46,657
Walk: 3.4
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