VetCostCalc
Showing results for ZIP 55804 (MN)
Home ZIP 02474

Veterinary Practices Market: ZIP 02474

Opportunity Score
91 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02474 is an urban area with moderate foot traffic. with a population of 28,283 and household incomes well above the national median ($139,199).

Area Profile

28,283
Population
$139,199
Median Income
+87% vs. national
Urban
Area Type
14.4/20
Foot Traffic
Very Car-Dependent
Median Age: 38.3 — mixed-age market, broad menu appeal.
College-Educated: 55.3% — strong appetite for artisan/specialty food.

Operating Costs

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

$2,800
2BR Fair Market Rent
$2,157
Median Gross Rent
$890 K
Median Home Value
5
Bank Branches
$2.8 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 $139,199. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits