VetCostCalc
Showing results for ZIP 54911 (WI)
Home ZIP 55024

Veterinary Practices Market: ZIP 55024

Opportunity Score
79 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55024 is an urban area with low foot traffic. with a population of 36,681 and household incomes well above the national median ($123,582).

Area Profile

36,681
Population
$123,582
Median Income
+66% vs. national
Urban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 36.2 — mixed-age market, broad menu appeal.
College-Educated: 23.8% — value-focused market, keep prices competitive.

Competition

Veterinary Practices and related businesses in ZIP 55024.

6
Pet Care Services
1.6 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,730
2BR Fair Market Rent
$1,427
Median Gross Rent
$350 K
Median Home Value
4
Bank Branches
$250 K deposits

Tips for Starting a Veterinary Business in Minnesota

  • 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 $123,582. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits