Veterinary Practices Market: ZIP 47464
Opportunity Score
21
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47464 is an urban area with low foot traffic. with a population of 316 and household incomes near the national median ($61,382).
Area Profile
316
Population
$61,382
Median Income
-18% vs. national
Urban
Area Type
4.3/20
Foot Traffic
Very Car-Dependent
Median Age: 41.2 —
older demographic, may prefer sit-down options.
College-Educated: 8.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$709
Median Gross Rent
$120 K
Median Home Value
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
Median Income
-18% vs. $74,580
Walkability
-6.2 pts vs. national avg
Nearby Markets
47429
3.0 mi
Pop: 7,402
$88,625
Walk: 6.2
47433
3.9 mi
Pop: 3,722
$57,224
Walk: 4.9
47404
6.9 mi
Pop: 23,614
$54,674
Walk: 12.1
46166
9.7 mi
Pop: 2,819
$82,528
47460
10.0 mi
Pop: 11,395
$67,688
Walk: 6.4
47456
11.8 mi
Pop: 1,305
$67,719
Walk: 4.9
47405
12.7 mi
Pop: 1,249
47406
12.7 mi
Pop: 8,356
Walk: 15.0
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