Veterinary Practices Market: ZIP 48060
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48060 is an urban area with low foot traffic. with a population of 39,502 and household incomes near the national median ($51,342).
Area Profile
39,502
Population
$51,342
Median Income
-31% vs. national
Urban
Area Type
8.2/20
Foot Traffic
Car-Dependent
Median Age: 39.0 —
mixed-age market, broad menu appeal.
College-Educated: 11.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$1,005
Median Gross Rent
$150 K
Median Home Value
8
Bank Branches
$560 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
- Car-Dependent
- Bank Branches
- 8
vs. National Average
Median Income
-31% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
48040
5.3 mi
Pop: 9,942
$69,661
Walk: 9.9
48059
7.5 mi
Pop: 15,371
$78,841
Walk: 5.9
48074
7.5 mi
Pop: 9,617
$69,600
Walk: 5.2
48049
8.7 mi
Pop: 5,485
$86,250
Walk: 3.1
48079
10.6 mi
Pop: 12,683
$80,313
Walk: 6.1
48032
14.1 mi
Pop: 1,834
$89,000
Walk: 3.1
48054
15.5 mi
Pop: 7,200
$76,992
Walk: 4.0
48027
16.5 mi
Pop: 3,182
$84,939
Walk: 3.1
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