Veterinary Practices Market: ZIP 01840
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01840 is an urban area with high foot traffic. with a population of 7,092 and household incomes below the national median ($34,630).
Area Profile
7,092
Population
$34,630
Median Income
-54% vs. national
Urban
Area Type
17.5/20
Foot Traffic
Very Walkable
Median Age: 36.9 —
mixed-age market, broad menu appeal.
College-Educated: 9.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,740
2BR Fair Market Rent
$1,174
Median Gross Rent
4
Bank Branches
$220 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.
- Median income sits at $34,630. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Bank Branches
- 4
vs. National Average
Median Income
-54% vs. $74,580
Walkability
+7.0 pts vs. national avg
Nearby Markets
01841
1.0 mi
Pop: 52,761
$54,525
Walk: 15.0
01843
1.2 mi
Pop: 28,444
$72,163
Walk: 14.6
01844
2.8 mi
Pop: 53,015
$103,292
Walk: 11.9
01810
4.1 mi
Pop: 35,608
$167,591
Walk: 8.9
01845
5.3 mi
Pop: 31,881
$134,319
Walk: 11.4
01835
5.5 mi
Pop: 14,637
$108,275
Walk: 11.8
01832
6.1 mi
Pop: 26,065
$81,141
Walk: 11.8
03079
7.0 mi
Pop: 30,646
$101,339
Walk: 7.1
Check Another Market
Or estimate costs with the VetCostCalc 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