Veterinary Practices Market: ZIP 08873
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08873 is an urban area with low foot traffic. with a population of 55,862 and household incomes well above the national median ($117,866).
Area Profile
55,862
Population
$117,866
Median Income
+58% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 39.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,270
2BR Fair Market Rent
$1,942
Median Gross Rent
$440 K
Median Home Value
12
Bank Branches
$1.9 M 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.
- The median income here is $117,866. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 12
vs. National Average
Median Income
+58% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
08880
3.8 mi
Pop: 4,833
$102,019
Walk: 9.3
08890
4.1 mi
Pop: 38
Walk: 8.5
08823
4.8 mi
Pop: 8,873
$109,182
Walk: 9.0
08805
4.9 mi
Pop: 14,153
$84,201
Walk: 14.4
08902
4.9 mi
Pop: 43,146
$117,671
Walk: 9.8
08835
4.9 mi
Pop: 10,870
$93,872
Walk: 9.6
08854
5.5 mi
Pop: 60,405
$126,331
Walk: 8.9
08824
5.6 mi
Pop: 13,866
$180,888
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