Home › ZIP 02043

Veterinary Practices Market: ZIP 02043

Opportunity Score

69 / 100 Good

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

Market Summary

ZIP 02043 is an urban area with moderate foot traffic. with a population of 24,185 and household incomes well above the national median ($181,017). There are 4 veterinary practices operations in ZIP 02043.

Area Profile

24,185

Population

$181,017

Median Income

+143% vs. national

Urban

Area Type

11.7/20

Foot Traffic

Walkable

Median Age: 47.6 — older demographic, may prefer sit-down options.

College-Educated: 53.4% — strong appetite for artisan/specialty food.

Competition

Veterinary Practices and related businesses in ZIP 02043.

Veterinary Practices

Low competition — room to establish

1.7 per 10K residents

Pet Care Services

1.2 per 10K residents

What this means: Veterinary Practices are 57.1% of the relevant market in ZIP 02043 (4 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,860

2BR Fair Market Rent

$2,452

Median Gross Rent

$1.1 M

Median Home Value

Bank Branches

$3.2 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 $181,017. That gives you pricing room most markets don't offer. Don't underprice.