Veterinary Practices Market: ZIP 07109
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07109 is an urban area with moderate foot traffic. with a population of 37,785 and household incomes above the national median ($90,164).
Area Profile
37,785
Population
$90,164
Median Income
+21% vs. national
Urban
Area Type
14.3/20
Foot Traffic
Very Car-Dependent
Median Age: 41.1 —
older demographic, may prefer sit-down options.
College-Educated: 22.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,190
2BR Fair Market Rent
$1,596
Median Gross Rent
$410 K
Median Home Value
7
Bank Branches
$760 K deposits
Tips for Starting a Veterinary Business in New Jersey
- 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 7
vs. National Average
Median Income
+21% vs. $74,580
Walkability
+3.8 pts vs. national avg
Nearby Markets
07104
1.8 mi
Pop: 54,277
$51,199
Walk: 14.1
07110
1.9 mi
Pop: 29,746
$115,215
Walk: 14.4
07003
2.1 mi
Pop: 52,921
$98,805
Walk: 13.8
07031
2.5 mi
Pop: 16,368
$101,493
Walk: 14.7
07107
2.7 mi
Pop: 42,132
$49,892
Walk: 14.1
07028
3.1 mi
Pop: 8,002
$246,500
Walk: 12.9
07014
3.2 mi
Pop: 4,867
$138,222
07071
3.3 mi
Pop: 22,343
$109,021
Walk: 14.8
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