Home › ZIP 01923

Veterinary Practices Market: ZIP 01923

Opportunity Score

64 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 01923 is an urban area with low foot traffic. with a population of 27,778 and household incomes well above the national median ($117,072). There are 3 veterinary practices operations in ZIP 01923.

Area Profile

27,778

Population

$117,072

Median Income

+57% vs. national

Urban

Area Type

9.8/20

Foot Traffic

Very Car-Dependent

Median Age: 45.3 — older demographic, may prefer sit-down options.

College-Educated: 35.2% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 01923.

Veterinary Practices

Low competition — room to establish

1.1 per 10K residents

Pet Care Services

1.8 per 10K residents

Pet Stores

1.4 per 10K residents

What this means: Veterinary Practices are 25.0% of the relevant market in ZIP 01923 (3 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,550

2BR Fair Market Rent

$2,004

Median Gross Rent

$610 K

Median Home Value

Bank Branches

$1.5 M 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.
The median income here is $117,072. That gives you pricing room most markets don't offer. Don't underprice.