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Home ZIP 47356

Veterinary Practices Market: ZIP 47356

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47356 is an urban area with low foot traffic. with a population of 5,508 and household incomes near the national median ($68,654).

Area Profile

5,508
Population
$68,654
Median Income
-8% vs. national
Urban
Area Type
4.8/20
Foot Traffic
Very Car-Dependent
Median Age: 43.5 — older demographic, may prefer sit-down options.
College-Educated: 12.2% — value-focused market, keep prices competitive.

Operating Costs

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

$1,030
2BR Fair Market Rent
$823
Median Gross Rent
$170 K
Median Home Value
1
Bank Branches
$93 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
-8% vs. $74,580
Walkability
-5.7 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