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Home ZIP 55386

Veterinary Practices Market: ZIP 55386

Opportunity Score
80 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55386 is an urban area with low foot traffic. with a population of 10,080 and household incomes well above the national median ($191,279).

Area Profile

10,080
Population
$191,279
Median Income
+156% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 39.5 — mixed-age market, broad menu appeal.
College-Educated: 44.6% — strong appetite for artisan/specialty food.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,530
2BR Fair Market Rent
$2,435
Median Gross Rent
$560 K
Median Home Value
2
Bank Branches
$84 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 $191,279. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits