Veterinary Practices Market: ZIP 56304
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 56304 is an urban area with low foot traffic. with a population of 17,281 and household incomes near the national median ($54,133).
Area Profile
17,281
Population
$54,133
Median Income
-27% vs. national
Urban
Area Type
6.5/20
Foot Traffic
Car-Dependent
Median Age: 33.5 —
mixed-age market, broad menu appeal.
College-Educated: 16.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$926
Median Gross Rent
$230 K
Median Home Value
2
Bank Branches
$42 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
- Bank Branches
- 2
vs. National Average
Median Income
-27% vs. $74,580
Walkability
-4.0 pts vs. national avg
Nearby Markets
56379
7.7 mi
Pop: 17,300
$71,964
Walk: 5.4
55319
8.3 mi
Pop: 5,490
$111,343
55320
9.5 mi
Pop: 5,676
$109,242
56303
11.3 mi
Pop: 26,031
$66,789
Walk: 10.1
56387
12.8 mi
Pop: 7,705
$57,387
56301
13.2 mi
Pop: 34,883
$69,725
Walk: 7.6
56377
13.9 mi
Pop: 21,008
$82,583
Walk: 5.2
56329
15.8 mi
Pop: 7,700
$89,728
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