Veterinary Practices Market: ZIP 37616
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37616 is an suburban area. with a population of 5,638 and household incomes near the national median ($68,487).
Area Profile
5,638
Population
$68,487
Median Income
-8% vs. national
Suburban
Area Type
Median Age: 46.1 —
older demographic, may prefer sit-down options.
College-Educated: 12.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$920
2BR Fair Market Rent
$786
Median Gross Rent
$190 K
Median Home Value
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
- Suburban
vs. National Average
Median Income
-8% vs. $74,580
Nearby Markets
37641
6.3 mi
Pop: 9,110
$62,598
37745
6.6 mi
Pop: 21,131
$54,946
Walk: 5.5
37681
9.4 mi
Pop: 6,031
$60,685
Walk: 3.6
37743
12.8 mi
Pop: 23,418
$52,802
37690
13.4 mi
Pop: 4,720
$70,026
Walk: 3.1
37656
14.8 mi
Pop: 3,566
$65,731
37818
15.5 mi
Pop: 5,407
$46,657
Walk: 3.4
37659
17.4 mi
Pop: 29,247
$69,765
Walk: 5.0
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