Private Schools Market: ZIP 37813
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37813 is an urban area. with a population of 17,479 and household incomes below the national median ($47,783).
Area Profile
17,479
Population
$47,783
Median Income
-36% vs. national
Urban
Area Type
Median Age: 39.2 —
mixed-age market, broad menu appeal.
College-Educated: 9.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$813
Median Gross Rent
$160 K
Median Home Value
4
Bank Branches
$390 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
- Bank Branches
- 4
vs. National Average
Median Income
-36% vs. $74,580
Nearby Markets
37814
6.9 mi
Pop: 34,842
$51,083
Walk: 7.2
37860
7.0 mi
Pop: 3,739
$74,904
Walk: 5.0
37890
7.0 mi
Pop: 7,218
$61,905
Walk: 4.2
37877
10.5 mi
Pop: 9,103
$76,191
Walk: 5.9
37713
10.7 mi
Pop: 1,348
$52,500
37810
10.7 mi
Pop: 1,991
$32,609
37708
11.5 mi
Pop: 6,248
$45,331
37891
11.5 mi
Pop: 4,338
$46,704
Walk: 4.3
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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