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Veterinary Practices Market: ZIP 02842

Opportunity Score

77 / 100 Good

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

Market Summary

ZIP 02842 is an urban area with moderate foot traffic. with a population of 16,920 and household incomes above the national median ($97,650).

16,920

Population

$97,650

Median Income

+31% vs. national

Urban

Area Type

11.5/20

Foot Traffic

Walkable

Median Age: 44.2 — older demographic, may prefer sit-down options.

College-Educated: 36.4% — balanced market for quality & value.

Veterinary Practices and related businesses in ZIP 02842.

Pet Care Services

3.0 per 10K residents

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

$2,100

2BR Fair Market Rent

$1,906

Median Gross Rent

$540 K

Median Home Value

Bank Branches

$1.2 M deposits

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.