Veterinary Practices Market: ZIP 55448
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55448 is an urban area with low foot traffic. with a population of 28,925 and household incomes above the national median ($95,610). There are 3 veterinary practices operations in ZIP 55448.
Area Profile
28,925
Population
$95,610
Median Income
+28% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 40.4 —
older demographic, may prefer sit-down options.
College-Educated: 18.6% —
value-focused market, keep prices competitive.
Competition
Veterinary Practices and related businesses in ZIP 55448.
3
Veterinary Practices
Low competition — room to establish
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,050
2BR Fair Market Rent
$1,706
Median Gross Rent
$300 K
Median Home Value
5
Bank Branches
$840 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
- Car-Dependent
- Veterinary Practices
- 3
- Bank Branches
- 5
vs. National Average
Median Income
+28% vs. $74,580
Walkability
-1.8 pts vs. national avg
Nearby Markets
55433
2.5 mi
Pop: 34,423
$80,213
Walk: 11.6
55434
4.0 mi
Pop: 33,133
$88,163
Walk: 11.9
55304
4.5 mi
Pop: 49,452
$127,145
Walk: 6.0
55443
5.8 mi
Pop: 33,318
$88,220
Walk: 9.4
55444
5.9 mi
Pop: 17,428
$114,545
Walk: 10.9
55316
6.1 mi
Pop: 23,450
$115,719
Walk: 11.4
55445
7.3 mi
Pop: 13,538
$103,227
Walk: 12.3
55432
7.4 mi
Pop: 32,935
$77,985
Walk: 12.1
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