VetCostCalc
Showing results for ZIP 62883 (IL)
Home ZIP 01604

Veterinary Practices Market: ZIP 01604

Opportunity Score
71 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 01604 is an urban area with moderate foot traffic. with a population of 39,988 and household incomes near the national median ($72,911).

Area Profile

39,988
Population
$72,911
Median Income
-2% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 38.1 — mixed-age market, broad menu appeal.
College-Educated: 22.9% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,010
2BR Fair Market Rent
$1,570
Median Gross Rent
$320 K
Median Home Value
7
Bank Branches
$670 K deposits

Tips for Starting a Veterinary Business in Massachusetts

  • A veterinary practice costs $500K-$1.5M to start from scratch. Most new vets buy into existing practices or start mobile to reduce overhead.
  • DEA registration, state veterinary license, and controlled substance permits all take time. Start applications 6 months before your target opening.
  • Pet ownership rates vary by ZIP. Suburban areas with single-family homes consistently outperform dense urban cores for vet visit volume.
  • Emergency and after-hours services command 2-3x standard pricing. Even offering limited emergency hours gives you a revenue edge in most markets.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits