VetCostCalc
Showing results for ZIP 57047 (SD)
Home ZIP 58224

Veterinary Practices Market: ZIP 58224

Opportunity Score
50 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 58224 is an rural area. with a population of 52 and household incomes well above the national median ($126,250).

Area Profile

52
Population
$126,250
Median Income
+69% vs. national
Rural
Area Type
Median Age: 59.8 — older demographic, may prefer sit-down options.
College-Educated: 55.8% — strong appetite for artisan/specialty food.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$930
2BR Fair Market Rent
$68 K
Median Home Value

Tips for Starting a Veterinary Business in North Dakota

  • 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 $126,250. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits