Veterinary Practices Market: ZIP 48767
Opportunity Score
41
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48767 is an rural area with low foot traffic. with a population of 2,041 and household incomes near the national median ($74,469).
Area Profile
2,041
Population
$74,469
Median Income
+0% vs. national
Rural
Area Type
5.1/20
Foot Traffic
Very Car-Dependent
Median Age: 48.7 —
older demographic, may prefer sit-down options.
College-Educated: 9.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,070
2BR Fair Market Rent
$942
Median Gross Rent
$130 K
Median Home Value
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
- Very Car-Dependent
vs. National Average
Median Income
+0% vs. $74,580
Walkability
-5.4 pts vs. national avg
Nearby Markets
48759
7.7 mi
Pop: 3,439
$60,431
Walk: 5.8
48701
7.9 mi
Pop: 1,364
$61,976
48733
12.0 mi
Pop: 1,650
$54,583
48723
12.5 mi
Pop: 11,960
$56,618
Walk: 9.8
48735
13.3 mi
Pop: 965
$61,250
Walk: 5.0
48720
13.4 mi
Pop: 1,046
$56,833
48754
16.3 mi
Pop: 979
$71,518
Walk: 4.2
48755
17.9 mi
Pop: 2,867
$60,044
Walk: 6.1
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