Veterinary Practices Market: ZIP 48755
Opportunity Score
45
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48755 is an rural area with low foot traffic. with a population of 2,867 and household incomes near the national median ($60,044).
Area Profile
2,867
Population
$60,044
Median Income
-19% vs. national
Rural
Area Type
6.1/20
Foot Traffic
Car-Dependent
Median Age: 51.8 —
older demographic, may prefer sit-down options.
College-Educated: 17.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$921
Median Gross Rent
$160 K
Median Home Value
3
Bank Branches
$190 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
-19% vs. $74,580
Walkability
-4.4 pts vs. national avg
Nearby Markets
48754
4.0 mi
Pop: 979
$71,518
Walk: 4.2
48731
7.2 mi
Pop: 1,522
$50,288
Walk: 5.2
48735
8.7 mi
Pop: 965
$61,250
Walk: 5.0
48720
10.6 mi
Pop: 1,046
$56,833
48759
10.6 mi
Pop: 3,439
$60,431
Walk: 5.8
48725
10.8 mi
Pop: 1,958
$60,260
Walk: 4.3
48726
13.8 mi
Pop: 5,715
$65,788
Walk: 3.3
48413
17.2 mi
Pop: 7,404
$56,804
Walk: 9.0
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