VetCostCalc
Showing results for ZIP 47862 (IN)
Home ZIP 47246

Veterinary Practices Market: ZIP 47246

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47246 is an urban area with low foot traffic. with a population of 4,142 and household incomes above the national median ($88,106).

Area Profile

4,142
Population
$88,106
Median Income
+18% vs. national
Urban
Area Type
4.5/20
Foot Traffic
Very Car-Dependent
Median Age: 34.2 — mixed-age market, broad menu appeal.
College-Educated: 12.1% — value-focused market, keep prices competitive.

Operating Costs

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

$1,080
2BR Fair Market Rent
$1,088
Median Gross Rent
$170 K
Median Home Value
1
Bank Branches
$65 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.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Bank Branches
1

vs. National Average

Median Income
+18% vs. $74,580
Walkability
-6.0 pts vs. national avg

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