Veterinary Practices Market: ZIP 55042
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55042 is an urban area with low foot traffic. with a population of 13,156 and household incomes well above the national median ($154,779).
Area Profile
13,156
Population
$154,779
Median Income
+108% vs. national
Urban
Area Type
7.1/20
Foot Traffic
Car-Dependent
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 41.8% —
strong appetite for artisan/specialty food.
Competition
Veterinary Practices and related businesses in ZIP 55042.
3
Pet Care Services
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,750
2BR Fair Market Rent
$2,204
Median Gross Rent
$590 K
Median Home Value
2
Bank Branches
$310 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 $154,779. 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
- 2
vs. National Average
Median Income
+108% vs. $74,580
Walkability
-3.4 pts vs. national avg
Nearby Markets
55128
4.9 mi
Pop: 28,945
$89,642
Walk: 10.2
55125
5.8 mi
Pop: 44,929
$118,129
Walk: 10.3
55090
6.4 mi
Pop: 377
$80,179
55115
6.7 mi
Pop: 8,926
$132,796
Walk: 7.0
55082
6.9 mi
Pop: 36,414
$117,538
Walk: 8.7
55129
7.2 mi
Pop: 32,016
$152,500
55003
7.9 mi
Pop: 3,948
$115,781
Walk: 2.3
55001
8.0 mi
Pop: 2,956
$130,625
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