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Home ZIP 47403

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

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