Veterinary Practices Market: ZIP 24016
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24016 is an urban area with moderate foot traffic. with a population of 9,828 and household incomes below the national median ($43,727).
Area Profile
9,828
Population
$43,727
Median Income
-41% vs. national
Urban
Area Type
14.9/20
Foot Traffic
Very Car-Dependent
Median Age: 32.8 —
mixed-age market, broad menu appeal.
College-Educated: 17.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$972
Median Gross Rent
$120 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.
- Median income sits at $43,727. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
-41% vs. $74,580
Walkability
+4.4 pts vs. national avg
Nearby Markets
24011
0.9 mi
Pop: 789
$55,882
24022
1.5 mi
Pop: 0
24015
2.2 mi
Pop: 15,761
$69,840
Walk: 13.3
24013
2.3 mi
Pop: 7,685
$53,070
Walk: 13.8
24017
3.0 mi
Pop: 24,565
$45,954
Walk: 12.4
24014
4.4 mi
Pop: 15,443
$65,089
Walk: 12.6
24019
5.0 mi
Pop: 28,615
$75,329
Walk: 8.7
24012
5.1 mi
Pop: 28,734
$51,002
Walk: 14.1
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