VetCostCalc
Showing results for ZIP 51450 (IA)
Home ZIP 47119

Veterinary Practices Market: ZIP 47119

Opportunity Score
98 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47119 is an urban area. with a population of 11,748 and household incomes well above the national median ($118,093).

Area Profile

11,748
Population
$118,093
Median Income
+58% vs. national
Urban
Area Type
Median Age: 42.7 — older demographic, may prefer sit-down options.
College-Educated: 30.7% — balanced market for quality & value.

Operating Costs

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

$1,450
2BR Fair Market Rent
$1,280
Median Gross Rent
$320 K
Median Home Value
5
Bank Branches
$330 K deposits

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.
  • The median income here is $118,093. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits