Veterinary Practices Market: ZIP 37416
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37416 is an urban area with low foot traffic. with a population of 14,089 and household incomes near the national median ($65,083).
Area Profile
14,089
Population
$65,083
Median Income
-13% vs. national
Urban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 38.6 —
mixed-age market, broad menu appeal.
College-Educated: 25.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,420
2BR Fair Market Rent
$1,086
Median Gross Rent
$230 K
Median Home Value
4
Bank Branches
$340 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 4
vs. National Average
Median Income
-13% vs. $74,580
Walkability
-3.4 pts vs. national avg
Nearby Markets
37421
4.9 mi
Pop: 52,516
$79,958
Walk: 7.3
37343
6.0 mi
Pop: 44,572
$79,177
Walk: 4.8
37406
6.4 mi
Pop: 12,867
$42,993
Walk: 12.0
37411
7.1 mi
Pop: 18,815
$50,180
Walk: 11.7
37351
7.1 mi
Pop: 295
$38,965
37363
7.2 mi
Pop: 40,830
$94,873
Walk: 3.8
37315
8.1 mi
Pop: 1,740
37412
8.5 mi
Pop: 21,840
$56,600
Walk: 8.6
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