Veterinary Practices Market: ZIP 47170
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47170 is an rural area with low foot traffic. with a population of 15,279 and household incomes near the national median ($57,661).
Area Profile
15,279
Population
$57,661
Median Income
-23% vs. national
Rural
Area Type
6.1/20
Foot Traffic
Car-Dependent
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 9.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,080
2BR Fair Market Rent
$831
Median Gross Rent
$150 K
Median Home Value
5
Bank Branches
$300 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Car-Dependent
- Bank Branches
- 5
vs. National Average
Median Income
-23% vs. $74,580
Walkability
-4.4 pts vs. national avg
Nearby Markets
47102
5.8 mi
Pop: 6,647
$47,617
Walk: 6.5
47177
7.5 mi
Pop: 1,960
$75,993
Walk: 4.2
47229
8.5 mi
Pop: 2,971
$62,917
47126
10.6 mi
Pop: 4,146
$92,900
47270
13.5 mi
Pop: 543
$80,690
Walk: 3.2
47163
14.9 mi
Pop: 1,293
$62,717
Walk: 8.6
47143
15.7 mi
Pop: 3,775
$133,147
47165
16.8 mi
Pop: 6,599
$76,071
Walk: 5.2
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