VetCostCalc
Showing results for ZIP 55413 (MN)
Home ZIP 24014

Veterinary Practices Market: ZIP 24014

Opportunity Score
68 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 24014 is an urban area with moderate foot traffic. with a population of 15,443 and household incomes near the national median ($65,089).

Area Profile

15,443
Population
$65,089
Median Income
-13% vs. national
Urban
Area Type
12.6/20
Foot Traffic
Walkable
Median Age: 47.4 — older demographic, may prefer sit-down options.
College-Educated: 30.5% — balanced market for quality & value.

Operating Costs

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

$1,040
2BR Fair Market Rent
$949
Median Gross Rent
$260 K
Median Home Value
4
Bank Branches
$240 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