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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
+156% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
55318
3.7 mi
Pop: 29,884
$111,781
Walk: 8.8
55331
4.8 mi
Pop: 19,291
$160,029
Walk: 9.5
55375
5.0 mi
Pop: 4,285
$136,250
55364
5.8 mi
Pop: 13,959
$111,083
Walk: 8.6
55384
6.0 mi
Pop: 1,869
$46,860
55317
7.8 mi
Pop: 22,373
$133,573
Walk: 7.1
55387
8.3 mi
Pop: 14,697
$109,279
Walk: 6.0
55315
10.0 mi
Pop: 7,034
$140,446
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