Veterinary Practices Market: ZIP 55346
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55346 is an urban area with low foot traffic. with a population of 18,602 and household incomes well above the national median ($137,125).
Area Profile
18,602
Population
$137,125
Median Income
+84% vs. national
Urban
Area Type
8.4/20
Foot Traffic
Car-Dependent
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 43.5% —
strong appetite for artisan/specialty food.
Competition
Veterinary Practices and related businesses in ZIP 55346.
3
Pet Care Services
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,270
2BR Fair Market Rent
$1,823
Median Gross Rent
$460 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 $137,125. 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
vs. National Average
Median Income
+84% vs. $74,580
Walkability
-2.1 pts vs. national avg
Nearby Markets
55345
2.5 mi
Pop: 21,255
$143,287
Walk: 10.2
55347
3.7 mi
Pop: 30,467
$152,850
Walk: 7.5
55344
3.7 mi
Pop: 14,180
$89,590
Walk: 9.9
55317
5.0 mi
Pop: 22,373
$133,573
Walk: 7.1
55343
5.1 mi
Pop: 26,482
$82,415
Walk: 12.2
55305
6.5 mi
Pop: 21,274
$106,480
Walk: 10.7
55391
7.3 mi
Pop: 15,469
$170,115
Walk: 9.9
55439
7.5 mi
Pop: 9,475
$173,925
Walk: 7.7
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