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Veterinary Practices Market: ZIP 72118

Opportunity Score

60 / 100 Good

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

Market Summary

ZIP 72118 is an urban area with moderate foot traffic. with a population of 23,540 and household incomes below the national median ($47,266).

23,540

Population

$47,266

Median Income

-37% vs. national

Urban

Area Type

11.9/20

Foot Traffic

Walkable

Median Age: 35.0 — mixed-age market, broad menu appeal.

College-Educated: 13.6% — value-focused market, keep prices competitive.

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

$1,020

2BR Fair Market Rent

$978

Median Gross Rent

$120 K

Median Home Value

Bank Branches

$250 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.