Veterinary Practices Market: ZIP 55412
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55412 is an urban area with moderate foot traffic. with a population of 26,182 and household incomes near the national median ($71,905).
Area Profile
26,182
Population
$71,905
Median Income
-4% vs. national
Urban
Area Type
13.2/20
Foot Traffic
Walkable
Median Age: 34.1 —
mixed-age market, broad menu appeal.
College-Educated: 17.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,790
2BR Fair Market Rent
$1,340
Median Gross Rent
$230 K
Median Home Value
1
Bank Branches
$82 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
-4% vs. $74,580
Walkability
+2.7 pts vs. national avg
Nearby Markets
55411
1.9 mi
Pop: 29,719
$53,368
Walk: 14.0
55430
2.5 mi
Pop: 22,569
$77,385
Walk: 14.3
55422
2.9 mi
Pop: 28,765
$91,173
Walk: 12.8
55429
3.6 mi
Pop: 27,570
$66,661
Walk: 12.6
55401
3.7 mi
Pop: 11,526
$115,651
55405
3.8 mi
Pop: 16,915
$70,425
Walk: 14.0
55421
4.0 mi
Pop: 31,051
$75,141
Walk: 13.5
55402
4.2 mi
Pop: 760
$69,808
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