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Veterinary Practices Market: ZIP 37062

Opportunity Score

51 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37062 is an urban area with low foot traffic. with a population of 13,165 and household incomes above the national median ($87,598). There are 3 veterinary practices operations in ZIP 37062.

Area Profile

13,165

Population

$87,598

Median Income

+17% vs. national

Urban

Area Type

5.8/20

Foot Traffic

Very Car-Dependent

Median Age: 39.3 — mixed-age market, broad menu appeal.

College-Educated: 23.6% — value-focused market, keep prices competitive.

Competition

Veterinary Practices and related businesses in ZIP 37062.

Veterinary Practices

Low competition — room to establish

2.3 per 10K residents

Operating Costs

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

$1,870

2BR Fair Market Rent

$1,302

Median Gross Rent

$340 K

Median Home Value

Bank Branches

$290 K deposits

Tips for Starting a Veterinary Business in Tennessee

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.