Veterinary Practices Market: ZIP 02368
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02368 is an urban area with moderate foot traffic. with a population of 34,736 and household incomes well above the national median ($103,321).
Area Profile
34,736
Population
$103,321
Median Income
+39% vs. national
Urban
Area Type
11.7/20
Foot Traffic
Walkable
Median Age: 41.0 —
older demographic, may prefer sit-down options.
College-Educated: 25.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,640
2BR Fair Market Rent
$2,049
Median Gross Rent
$460 K
Median Home Value
8
Bank Branches
$1.2 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 $103,321. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 8
vs. National Average
Median Income
+39% vs. $74,580
Walkability
+1.2 pts vs. national avg
Nearby Markets
02322
3.2 mi
Pop: 4,753
$129,487
Walk: 11.5
02184
3.9 mi
Pop: 38,762
$125,305
Walk: 13.5
02343
4.6 mi
Pop: 11,267
$107,198
Walk: 7.7
02186
4.8 mi
Pop: 28,716
$177,222
Walk: 12.8
02169
4.9 mi
Pop: 60,928
$92,080
Walk: 14.8
02021
5.0 mi
Pop: 24,459
$128,341
Walk: 9.9
02072
5.4 mi
Pop: 29,074
$104,164
Walk: 11.4
02170
6.6 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