Veterinary Practices Market: ZIP 55150
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55150 is an urban area with moderate foot traffic. with a population of 181 and household incomes well above the national median ($108,750).
Area Profile
181
Population
$108,750
Median Income
+46% vs. national
Urban
Area Type
10.6/20
Foot Traffic
Walkable
Median Age: 44.2 —
older demographic, may prefer sit-down options.
College-Educated: 25.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$850
Median Gross Rent
$330 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 $108,750. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
+46% vs. $74,580
Walkability
+0.1 pts vs. national avg
Nearby Markets
55120
1.1 mi
Pop: 5,080
$111,900
Walk: 9.5
55116
1.7 mi
Pop: 26,099
$83,156
Walk: 14.2
55111
2.0 mi
Pop: 100
55121
2.9 mi
Pop: 9,329
$86,929
Walk: 10.3
55105
3.3 mi
Pop: 27,470
$108,200
Walk: 14.9
55102
4.1 mi
Pop: 19,565
$74,143
Walk: 16.7
55118
4.2 mi
Pop: 29,396
$85,229
Walk: 12.6
55104
4.6 mi
Pop: 45,777
$75,038
Walk: 15.3
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