Veterinary Practices Market: ZIP 55127
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55127 is an urban area with low foot traffic. with a population of 18,607 and household incomes well above the national median ($113,355).
Area Profile
18,607
Population
$113,355
Median Income
+52% vs. national
Urban
Area Type
8.9/20
Foot Traffic
Car-Dependent
Median Age: 41.9 —
older demographic, may prefer sit-down options.
College-Educated: 37.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,900
2BR Fair Market Rent
$1,764
Median Gross Rent
$410 K
Median Home Value
6
Bank Branches
$470 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 $113,355. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 6
vs. National Average
Median Income
+52% vs. $74,580
Walkability
-1.7 pts vs. national avg
Nearby Markets
55126
4.4 mi
Pop: 27,484
$109,017
Walk: 8.6
55110
5.1 mi
Pop: 37,272
$97,211
Walk: 9.0
55117
5.5 mi
Pop: 44,095
$71,784
Walk: 13.7
55109
5.7 mi
Pop: 34,266
$81,759
Walk: 14.0
55014
6.8 mi
Pop: 28,975
$98,952
Walk: 6.9
55113
7.0 mi
Pop: 40,786
$86,830
Walk: 13.3
55130
7.5 mi
Pop: 18,634
$53,281
Walk: 14.3
55112
7.9 mi
Pop: 45,680
$93,823
Walk: 13.2
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