Veterinary Practices Market: ZIP 02702
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02702 is an urban area. with a population of 4,445 and household incomes well above the national median ($145,324).
Area Profile
4,445
Population
$145,324
Median Income
+95% vs. national
Urban
Area Type
Median Age: 40.6 —
older demographic, may prefer sit-down options.
College-Educated: 32.8% —
balanced market for quality & value.
Competition
Veterinary Practices and related businesses in ZIP 02702.
4
Pet Care Services
9.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,120
2BR Fair Market Rent
$1,674
Median Gross Rent
$480 K
Median Home Value
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 $145,324. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
vs. National Average
Median Income
+95% vs. $74,580
Nearby Markets
02779
3.9 mi
Pop: 6,789
$123,877
Walk: 5.2
02717
5.3 mi
Pop: 4,777
$143,281
Walk: 4.0
02720
5.3 mi
Pop: 31,063
$62,907
Walk: 14.5
02726
6.2 mi
Pop: 15,946
$110,427
Walk: 10.1
02718
6.3 mi
Pop: 7,125
$107,570
02715
7.0 mi
Pop: 3,778
$137,500
02347
7.8 mi
Pop: 11,732
$126,182
Walk: 6.7
02764
8.0 mi
Pop: 4,344
$140,135
Walk: 6.3
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