Veterinary Practices Market: ZIP 07502
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07502 is an urban area. with a population of 17,488 and household incomes near the national median ($68,649).
Area Profile
17,488
Population
$68,649
Median Income
-8% vs. national
Urban
Area Type
Median Age: 33.2 —
mixed-age market, broad menu appeal.
College-Educated: 9.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,790
2BR Fair Market Rent
$1,492
Median Gross Rent
$350 K
Median Home Value
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
vs. National Average
Median Income
-8% vs. $74,580
Nearby Markets
07522
1.1 mi
Pop: 22,599
$48,002
Walk: 13.6
07505
1.6 mi
Pop: 4,617
$33,311
Walk: 16.0
07501
1.7 mi
Pop: 35,321
$40,699
Walk: 14.7
07512
2.0 mi
Pop: 10,919
$114,177
Walk: 14.0
07508
2.6 mi
Pop: 23,611
$94,611
Walk: 14.8
07424
2.7 mi
Pop: 27,475
$104,122
Walk: 13.4
07524
2.8 mi
Pop: 14,676
$50,033
Walk: 14.9
07503
3.2 mi
Pop: 19,567
$60,295
Walk: 13.4
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