Veterinary Practices Market: ZIP 48098
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48098 is an urban area with low foot traffic. with a population of 20,658 and household incomes well above the national median ($165,781).
Area Profile
20,658
Population
$165,781
Median Income
+122% vs. national
Urban
Area Type
7.6/20
Foot Traffic
Car-Dependent
Median Age: 46.0 —
older demographic, may prefer sit-down options.
College-Educated: 53.0% —
strong appetite for artisan/specialty food.
Competition
Veterinary Practices and related businesses in ZIP 48098.
3
Pet Care Services
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,720
Median Gross Rent
$490 K
Median Home Value
5
Bank Branches
$8.9 M 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.
- The median income here is $165,781. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 5
vs. National Average
Median Income
+122% vs. $74,580
Walkability
-2.9 pts vs. national avg
Nearby Markets
48084
2.6 mi
Pop: 15,659
$106,004
Walk: 9.0
48304
3.8 mi
Pop: 17,436
$140,700
Walk: 7.1
48085
3.9 mi
Pop: 27,371
$144,146
Walk: 7.8
48309
4.1 mi
Pop: 30,254
$117,788
Walk: 7.0
48009
4.6 mi
Pop: 21,623
$152,443
Walk: 9.4
48017
4.7 mi
Pop: 11,271
$86,935
Walk: 9.6
48083
5.1 mi
Pop: 23,619
$88,551
Walk: 8.8
48073
5.6 mi
Pop: 33,427
$86,426
Walk: 8.0
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