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Home ZIP 11716

Veterinary Practices Market: ZIP 11716

Opportunity Score
100 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 11716 is an urban area. with a population of 9,750 and household incomes well above the national median ($120,344).

Area Profile

9,750
Population
$120,344
Median Income
+61% vs. national
Urban
Area Type
Median Age: 42.6 — older demographic, may prefer sit-down options.
College-Educated: 29.9% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 11716.

3
Pet Stores
3.1 per 10K residents

Operating Costs

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

$2,800
2BR Fair Market Rent
$2,425
Median Gross Rent
$510 K
Median Home Value
6
Bank Branches
$1.1 M deposits

Tips for Starting a Veterinary Business in New York

  • 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 $120,344. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits