Veterinary Practices Market: ZIP 55957
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55957 is an urban area. with a population of 769 and household incomes above the national median ($80,000).
Area Profile
769
Population
$80,000
Median Income
+7% vs. national
Urban
Area Type
Median Age: 38.7 —
mixed-age market, broad menu appeal.
College-Educated: 9.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$958
Median Gross Rent
$260 K
Median Home Value
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
vs. National Average
Median Income
+7% vs. $74,580
Nearby Markets
55932
7.0 mi
Pop: 2,080
$102,727
55991
8.4 mi
Pop: 1,474
$86,875
Walk: 4.0
55041
10.0 mi
Pop: 7,532
$83,673
Walk: 11.1
55964
11.5 mi
Pop: 4,453
$72,765
Walk: 13.0
55906
13.1 mi
Pop: 20,080
$104,146
Walk: 9.7
55956
16.1 mi
Pop: 2,046
$94,762
55945
16.9 mi
Pop: 1,298
$77,143
55968
17.4 mi
Pop: 130
$54,688
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