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Veterinary Practices Market: ZIP 47408

Opportunity Score

60 / 100 Good

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

Market Summary

ZIP 47408 is an urban area with moderate foot traffic. with a population of 21,660 and household incomes below the national median ($45,584).

21,660

Population

$45,584

Median Income

-39% vs. national

Urban

Area Type

13.1/20

Foot Traffic

Walkable

Median Age: 23.9 — young market, strong street food demand.

College-Educated: 28.2% — balanced market for quality & value.

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

$1,190

2BR Fair Market Rent

$1,177

Median Gross Rent

$300 K

Median Home Value

Bank Branches

$290 K deposits

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.