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Veterinary Practices Market: ZIP 38016

Opportunity Score

65 / 100 Good

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

Market Summary

ZIP 38016 is an urban area with low foot traffic. with a population of 44,390 and household incomes above the national median ($75,719).

44,390

Population

$75,719

Median Income

+2% vs. national

Urban

Area Type

8.6/20

Foot Traffic

Car-Dependent

Median Age: 37.5 — mixed-age market, broad menu appeal.

College-Educated: 28.4% — balanced market for quality & value.

Veterinary Practices and related businesses in ZIP 38016.

Pet Stores

0.7 per 10K residents

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

$1,740

2BR Fair Market Rent

$1,407

Median Gross Rent

$260 K

Median Home Value

Bank Branches

$400 K deposits

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.