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Veterinary Practices Market: ZIP 62316

Opportunity Score

32 / 100 Challenging

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62316 is an rural area. with a population of 873 and household incomes near the national median ($67,946).

873

Population

$67,946

Median Income

-9% vs. national

Rural

Area Type

Median Age: 33.4 — mixed-age market, broad menu appeal.

College-Educated: 8.1% — value-focused market, keep prices competitive.

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

$870

2BR Fair Market Rent

$76 K

Median Home Value

Bank Branches

$55 K deposits

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.
This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.