Veterinary Practices Market: ZIP 47967
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47967 is an urban area. with a population of 853 and household incomes above the national median ($80,139).
Area Profile
853
Population
$80,139
Median Income
+7% vs. national
Urban
Area Type
Median Age: 40.9 —
older demographic, may prefer sit-down options.
College-Educated: 7.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,200
2BR Fair Market Rent
$1,063
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
vs. National Average
Median Income
+7% vs. $74,580
Nearby Markets
47981
5.4 mi
Pop: 915
$76,250
47994
5.8 mi
Pop: 510
$98,125
Walk: 4.6
47955
9.1 mi
Pop: 824
$61,607
Walk: 3.6
47992
9.3 mi
Pop: 1,523
$106,458
Walk: 3.3
47990
10.1 mi
Pop: 1,374
$60,640
Walk: 4.0
47969
10.4 mi
Pop: 250
$51,875
47958
10.5 mi
Pop: 196
$84,583
47909
11.4 mi
Pop: 42,971
$67,341
Walk: 12.2
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