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Home ZIP 23464

Veterinary Practices Market: ZIP 23464

Opportunity Score
62 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 23464 is an urban area with moderate foot traffic. with a population of 75,290 and household incomes above the national median ($89,790). There are 7 veterinary practices operations in ZIP 23464.

Area Profile

75,290
Population
$89,790
Median Income
+20% vs. national
Urban
Area Type
10.5/20
Foot Traffic
Walkable
Median Age: 37.6 — mixed-age market, broad menu appeal.
College-Educated: 26.9% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 23464.

7
Veterinary Practices
Moderate — proven market
0.9 per 10K residents
4
Pet Care Services
0.5 per 10K residents
What this means: Veterinary Practices are 63.6% of the relevant market in ZIP 23464 (7 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,910
2BR Fair Market Rent
$1,644
Median Gross Rent
$340 K
Median Home Value
11
Bank Branches
$980 K deposits

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.

Data sources

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