Vet Costs Near Memphis, TN (38117)
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38117 is an urban area. with a population of 26,327 and household incomes above the national median ($93,688). There are 5 veterinary practices operations in ZIP 38117.
Area Profile
26,327
Population
$93,688
Median Income
+26% vs. national
Urban
Area Type
Median Age: 38.6 —
mixed-age market, broad menu appeal.
College-Educated: 43.2% —
strong appetite for artisan/specialty food.
Competition
Veterinary Practices and related businesses in ZIP 38117.
5
Veterinary Practices
Low competition — room to establish
1.9 per 10K residents
3
Pet Stores
1.1 per 10K residents
What this means:
Veterinary Practices are 62.5% of the relevant market in ZIP 38117 (5 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,353
Median Gross Rent
$290 K
Median Home Value
11
Bank Branches
$1.7 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Veterinary Practices
- 5
- Related Businesses
- 3
- Bank Branches
- 11
vs. National Average
Median Income
+26% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the VetCostCalc calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits