Veterinary Practices Market: ZIP 55804
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55804 is an urban area with moderate foot traffic. with a population of 16,018 and household incomes well above the national median ($108,231).
Area Profile
16,018
Population
$108,231
Median Income
+45% vs. national
Urban
Area Type
10.9/20
Foot Traffic
Walkable
Median Age: 41.8 —
older demographic, may prefer sit-down options.
College-Educated: 36.2% —
balanced market for quality & value.
Competition
Veterinary Practices and related businesses in ZIP 55804.
4
Pet Care Services
2.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,520
2BR Fair Market Rent
$1,346
Median Gross Rent
$290 K
Median Home Value
2
Bank Branches
$130 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 $108,231. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
+45% vs. $74,580
Walkability
+0.4 pts vs. national avg
Nearby Markets
55609
10.5 mi
Pop: 118
$76,538
55803
11.8 mi
Pop: 17,795
$104,250
Walk: 4.8
55812
12.6 mi
Pop: 11,016
$66,961
Walk: 13.2
55805
14.1 mi
Pop: 10,277
$43,077
Walk: 14.2
55802
15.3 mi
Pop: 2,560
$40,850
Walk: 12.5
55806
17.4 mi
Pop: 9,545
$44,962
Walk: 13.5
55814
19.2 mi
Pop: 311
55807
20.9 mi
Pop: 9,573
$63,670
Walk: 14.9
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