Veterinary Practices Market: ZIP 08023
Opportunity Score
36
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08023 is an urban area. with a population of 289 and household incomes above the national median ($87,576).
Area Profile
289
Population
$87,576
Median Income
+17% vs. national
Urban
Area Type
Median Age: 39.0 —
mixed-age market, broad menu appeal.
College-Educated: 1.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,000
2BR Fair Market Rent
$180 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
+17% vs. $74,580
Nearby Markets
08069
3.4 mi
Pop: 13,413
$68,397
Walk: 14.3
19801
3.9 mi
Pop: 16,170
$44,505
Walk: 13.6
19809
4.7 mi
Pop: 15,129
$85,988
Walk: 12.8
08070
4.9 mi
Pop: 12,477
$74,006
Walk: 10.4
19802
5.0 mi
Pop: 25,670
$54,370
Walk: 15.0
19806
6.9 mi
Pop: 9,934
$86,240
Walk: 14.5
08067
6.9 mi
Pop: 1,704
$108,884
19805
7.8 mi
Pop: 40,315
$56,708
Walk: 13.8
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