Veterinary Practices Market: ZIP 47403
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47403 is an urban area with moderate foot traffic. with a population of 34,410 and household incomes near the national median ($68,703).
Area Profile
34,410
Population
$68,703
Median Income
-8% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 35.4 —
mixed-age market, broad menu appeal.
College-Educated: 26.4% —
balanced market for quality & value.
Competition
Veterinary Practices and related businesses in ZIP 47403.
6
Pet Care Services
1.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,110
2BR Fair Market Rent
$1,114
Median Gross Rent
$220 K
Median Home Value
4
Bank Branches
$130 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
- Walkable
- Related Businesses
- 6
- Bank Branches
- 4
vs. National Average
Median Income
-8% vs. $74,580
Walkability
+0.3 pts vs. national avg
Nearby Markets
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