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Veterinary Practices Market: ZIP 47274

Opportunity Score

48 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47274 is an suburban area with low foot traffic. with a population of 32,786 and household incomes near the national median ($72,186). There are 3 veterinary practices operations in ZIP 47274.

Area Profile

32,786

Population

$72,186

Median Income

-3% vs. national

Suburban

Area Type

6.0/20

Foot Traffic

Car-Dependent

Median Age: 37.6 — mixed-age market, broad menu appeal.

College-Educated: 14.1% — value-focused market, keep prices competitive.

Competition

Veterinary Practices and related businesses in ZIP 47274.

Veterinary Practices

Low competition — room to establish

0.9 per 10K residents

Operating Costs

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

$1,220

2BR Fair Market Rent

$956

Median Gross Rent

$190 K

Median Home Value

Bank Branches

$900 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.