Veterinary Practices Market: ZIP 48014
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48014 is an urban area with low foot traffic. with a population of 4,319 and household incomes near the national median ($70,341).
Area Profile
4,319
Population
$70,341
Median Income
-6% vs. national
Urban
Area Type
5.9/20
Foot Traffic
Very Car-Dependent
Median Age: 43.1 —
older demographic, may prefer sit-down options.
College-Educated: 7.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$827
Median Gross Rent
$210 K
Median Home Value
2
Bank Branches
$79 K deposits
Tips for Starting a Veterinary Business in Michigan
- 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
- Bank Branches
- 2
vs. National Average
Median Income
-6% vs. $74,580
Walkability
-4.6 pts vs. national avg
Nearby Markets
48002
6.3 mi
Pop: 3,129
$91,889
48444
8.2 mi
Pop: 9,320
$69,010
Walk: 5.1
48022
8.9 mi
Pop: 2,517
$89,702
Walk: 3.8
48097
9.8 mi
Pop: 5,400
$58,177
48003
10.0 mi
Pop: 6,045
$88,533
Walk: 8.9
48041
10.4 mi
Pop: 4,385
$87,599
Walk: 4.2
48005
11.8 mi
Pop: 5,315
$110,946
Walk: 6.1
48416
13.7 mi
Pop: 5,216
$68,650
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