Veterinary Practices Market: ZIP 47035
Opportunity Score
8
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47035 is an urban area. with a population of 266 and household incomes below the national median ($36,489).
Area Profile
266
Population
$36,489
Median Income
-51% vs. national
Urban
Area Type
Median Age: 70.1 —
older demographic, may prefer sit-down options.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$150 K
Median Home Value
Tips for Starting a Veterinary Business in Indiana
- 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.
- Median income sits at $36,489. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-51% vs. $74,580
Nearby Markets
47060
2.8 mi
Pop: 6,379
$75,878
Walk: 5.0
47016
4.4 mi
Pop: 683
$66,533
47022
7.8 mi
Pop: 2,837
$104,375
45053
8.6 mi
Pop: 3,717
$111,409
Walk: 4.2
47012
9.8 mi
Pop: 10,891
$86,369
Walk: 11.0
45030
10.4 mi
Pop: 21,328
$97,228
Walk: 7.3
47025
11.0 mi
Pop: 23,713
$89,986
Walk: 6.6
45002
12.4 mi
Pop: 14,647
$84,597
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