Veterinary Practices Market: ZIP 47406
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47406 is an urban area with moderate foot traffic.
Area Profile
8,356
Population
Urban
Area Type
15.0/20
Foot Traffic
Very Car-Dependent
Median Age: 19.2 —
young market, strong street food demand.
College-Educated: 1.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,200
2BR Fair Market Rent
$1,188
Median Gross Rent
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
vs. National Average
Walkability
+4.5 pts vs. national avg
Nearby Markets
47405
0.7 mi
Pop: 1,249
47408
5.0 mi
Pop: 21,660
$45,584
Walk: 13.1
47404
6.1 mi
Pop: 23,614
$54,674
Walk: 12.1
47401
7.1 mi
Pop: 40,084
$65,643
Walk: 12.8
47458
7.3 mi
Pop: 19
Walk: 5.3
47403
9.1 mi
Pop: 34,410
$68,703
Walk: 10.8
47429
9.8 mi
Pop: 7,402
$88,625
Walk: 6.2
47468
11.4 mi
Pop: 1,195
$81,979
Walk: 3.7
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