Vet Costs Near Minneapolis, MN (55416)
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55416 is an urban area. with a population of 34,905 and household incomes well above the national median ($105,926). There are 7 veterinary practices operations in ZIP 55416.
Area Profile
34,905
Population
$105,926
Median Income
+42% vs. national
Urban
Area Type
Median Age: 35.8 —
mixed-age market, broad menu appeal.
College-Educated: 55.5% —
strong appetite for artisan/specialty food.
Competition
Veterinary Practices and related businesses in ZIP 55416.
7
Veterinary Practices
Moderate — proven market
2.0 per 10K residents
5
Pet Care Services
1.4 per 10K residents
What this means:
Veterinary Practices are 58.3% of the relevant market in ZIP 55416 (7 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,701
Median Gross Rent
$460 K
Median Home Value
13
Bank Branches
$8.7 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Veterinary Practices
- 7
- Related Businesses
- 5
- Bank Branches
- 13
vs. National Average
Median Income
+42% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the VetCostCalc calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits