Veterinary Practices Market: ZIP 47712
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47712 is an urban area with low foot traffic. with a population of 24,999 and household incomes near the national median ($64,285).
Area Profile
24,999
Population
$64,285
Median Income
-14% vs. national
Urban
Area Type
5.5/20
Foot Traffic
Very Car-Dependent
Median Age: 33.1 —
mixed-age market, broad menu appeal.
College-Educated: 17.0% —
value-focused market, keep prices competitive.
Competition
Veterinary Practices and related businesses in ZIP 47712.
5
Pet Care Services
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,080
2BR Fair Market Rent
$933
Median Gross Rent
$170 K
Median Home Value
14
Bank Branches
$730 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
- Very Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 14
vs. National Average
Median Income
-14% vs. $74,580
Walkability
-5.0 pts vs. national avg
Nearby Markets
47708
6.3 mi
Pop: 636
$55,436
47713
6.7 mi
Pop: 9,930
$37,448
Walk: 9.5
47710
8.7 mi
Pop: 18,802
$45,324
Walk: 10.0
47714
9.2 mi
Pop: 33,148
$54,614
Walk: 8.9
47720
9.6 mi
Pop: 17,103
$76,968
Walk: 6.9
47711
10.0 mi
Pop: 30,793
$65,398
Walk: 8.5
47715
12.2 mi
Pop: 28,476
$59,821
Walk: 7.6
42420
12.7 mi
Pop: 38,434
$56,661
Walk: 9.4
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