Veterinary Practices Market: ZIP 60020
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60020 is an urban area. with a population of 10,846 and household incomes near the national median ($71,028).
Area Profile
10,846
Population
$71,028
Median Income
-5% vs. national
Urban
Area Type
Median Age: 45.3 —
older demographic, may prefer sit-down options.
College-Educated: 20.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,660
2BR Fair Market Rent
$1,228
Median Gross Rent
$220 K
Median Home Value
4
Bank Branches
$390 K deposits
Tips for Starting a Veterinary Business in Illinois
- 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
- Bank Branches
- 4
vs. National Average
Median Income
-5% vs. $74,580
Nearby Markets
60041
2.3 mi
Pop: 8,920
$91,569
Walk: 11.3
60051
4.5 mi
Pop: 23,931
$104,227
Walk: 6.5
60081
5.2 mi
Pop: 9,117
$116,278
Walk: 9.6
60073
5.7 mi
Pop: 62,000
$95,457
Walk: 10.3
60002
7.4 mi
Pop: 24,396
$109,047
Walk: 5.8
60046
7.6 mi
Pop: 34,708
$122,376
Walk: 8.5
60042
8.2 mi
Pop: 8,630
$94,613
53192
8.4 mi
Pop: 131
Walk: 6.2
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