Veterinary Practices Market: ZIP 02045
Opportunity Score
91
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02045 is an urban area with moderate foot traffic. with a population of 10,098 and household incomes well above the national median ($127,112).
Area Profile
10,098
Population
$127,112
Median Income
+70% vs. national
Urban
Area Type
14.1/20
Foot Traffic
Very Car-Dependent
Median Age: 55.1 —
older demographic, may prefer sit-down options.
College-Educated: 42.8% —
strong appetite for artisan/specialty food.
Competition
Veterinary Practices and related businesses in ZIP 02045.
4
Pet Care Services
4.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,885
Median Gross Rent
$610 K
Median Home Value
2
Bank Branches
$200 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.
- The median income here is $127,112. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
+70% vs. $74,580
Walkability
+3.6 pts vs. national avg
Nearby Markets
02043
4.8 mi
Pop: 24,185
$181,017
Walk: 11.7
02191
5.4 mi
Pop: 8,130
$116,496
Walk: 12.4
02025
5.6 mi
Pop: 8,358
$187,060
02189
6.2 mi
Pop: 15,231
$91,842
Walk: 13.1
02188
7.8 mi
Pop: 15,396
$102,236
02152
9.2 mi
Pop: 18,807
$106,357
Walk: 14.9
02061
9.4 mi
Pop: 11,309
$182,637
Walk: 6.1
02170
9.5 mi
Pop: 19,685
$101,840
Walk: 15.6
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