Veterinary Practices Market: ZIP 55343
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55343 is an urban area with moderate foot traffic. with a population of 26,482 and household incomes above the national median ($82,415).
Area Profile
26,482
Population
$82,415
Median Income
+11% vs. national
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 39.0 —
mixed-age market, broad menu appeal.
College-Educated: 39.4% —
balanced market for quality & value.
Competition
Veterinary Practices and related businesses in ZIP 55343.
3
Pet Care Services
1.1 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
8
Bank Branches
$1 M 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 8
vs. National Average
Median Income
+11% vs. $74,580
Walkability
+1.7 pts vs. national avg
Nearby Markets
55436
2.9 mi
Pop: 14,573
$132,487
Walk: 9.1
55305
3.0 mi
Pop: 21,274
$106,480
Walk: 10.7
55344
3.6 mi
Pop: 14,180
$89,590
Walk: 9.9
55426
3.8 mi
Pop: 25,451
$96,887
Walk: 13.5
55439
4.1 mi
Pop: 9,475
$173,925
Walk: 7.7
55345
4.7 mi
Pop: 21,255
$143,287
Walk: 10.2
55424
5.0 mi
Pop: 10,373
$241,875
Walk: 12.3
55346
5.1 mi
Pop: 18,602
$137,125
Walk: 8.4
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