VetCostCalc
Showing results for ZIP 05156 (VT)
Home ZIP 23114

Veterinary Practices Market: ZIP 23114

Opportunity Score
75 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 23114 is an urban area with low foot traffic. with a population of 21,572 and household incomes well above the national median ($108,770).

Area Profile

21,572
Population
$108,770
Median Income
+46% vs. national
Urban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 40.2 — older demographic, may prefer sit-down options.
College-Educated: 38.5% — balanced market for quality & value.

Operating Costs

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

$2,070
2BR Fair Market Rent
$1,695
Median Gross Rent
$380 K
Median Home Value

Tips for Starting a Veterinary Business in Virginia

  • 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 $108,770. 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