Veterinary Practices Market: ZIP 55089
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55089 is an suburban area with low foot traffic. with a population of 1,760 and household incomes well above the national median ($105,938).
Area Profile
1,760
Population
$105,938
Median Income
+42% vs. national
Suburban
Area Type
3.8/20
Foot Traffic
Very Car-Dependent
Median Age: 45.0 —
older demographic, may prefer sit-down options.
College-Educated: 20.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$1,025
Median Gross Rent
$370 K
Median Home Value
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 $105,938. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+42% vs. $74,580
Walkability
-6.7 pts vs. national avg
Nearby Markets
54021
9.7 mi
Pop: 7,341
$107,096
54014
10.2 mi
Pop: 2,018
$98,512
55066
13.0 mi
Pop: 19,125
$70,529
Walk: 6.3
55033
13.1 mi
Pop: 29,241
$102,026
Walk: 8.4
55009
13.6 mi
Pop: 8,258
$89,023
Walk: 9.5
55027
14.6 mi
Pop: 2,948
$92,857
55031
17.5 mi
Pop: 1,682
$113,654
55085
18.3 mi
Pop: 409
$93,333
Walk: 5.2
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