Veterinary Practices Market: ZIP 62002
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62002 is an urban area with low foot traffic. with a population of 30,036 and household incomes near the national median ($57,851).
Area Profile
30,036
Population
$57,851
Median Income
-22% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 16.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,120
2BR Fair Market Rent
$941
Median Gross Rent
$110 K
Median Home Value
9
Bank Branches
$790 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
- Foot Traffic
- Car-Dependent
- Bank Branches
- 9
vs. National Average
Median Income
-22% vs. $74,580
Walkability
-1.8 pts vs. national avg
Nearby Markets
62018
4.1 mi
Pop: 3,006
$41,750
Walk: 6.2
62024
5.0 mi
Pop: 9,465
$60,775
62010
6.1 mi
Pop: 11,154
$72,717
Walk: 10.0
62095
6.7 mi
Pop: 10,780
$66,641
Walk: 7.4
62012
7.3 mi
Pop: 6,496
$91,862
63386
7.5 mi
Pop: 537
$125,313
Walk: 4.3
62035
7.6 mi
Pop: 15,915
$91,696
Walk: 6.1
62084
8.4 mi
Pop: 1,660
$64,375
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