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Home ZIP 60647

Veterinary Practices Market: ZIP 60647

Opportunity Score
73 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60647 is an urban area with high foot traffic. with a population of 85,589 and household incomes well above the national median ($102,851). There are 9 veterinary practices operations in ZIP 60647.

Area Profile

85,589
Population
$102,851
Median Income
+38% vs. national
Urban
Area Type
15.5/20
Foot Traffic
Very Walkable
Median Age: 32.8 — mixed-age market, broad menu appeal.
College-Educated: 45.8% — strong appetite for artisan/specialty food.

Competition

Veterinary Practices and related businesses in ZIP 60647.

9
Veterinary Practices
Moderate — proven market
1.1 per 10K residents
16
Pet Care Services
1.9 per 10K residents
5
Pet Stores
0.6 per 10K residents
What this means: Veterinary Practices are 30.0% of the relevant market in ZIP 60647 (9 vs. 21 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,130
2BR Fair Market Rent
$1,714
Median Gross Rent
$560 K
Median Home Value
13
Bank Branches
$1.5 M 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.
  • The median income here is $102,851. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Very Walkable
Veterinary Practices
9
Related Businesses
21
Bank Branches
13

vs. National Average

Median Income
+38% vs. $74,580
Walkability
+5.0 pts vs. national avg

Check Another Market

Or estimate costs with the VetCostCalc calculator.

Data sources

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