VetCostCalc
Showing results for ZIP 02818 (RI)
Home ZIP 73116

Veterinary Practices Market: ZIP 73116

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 73116 is an urban area with moderate foot traffic. with a population of 10,016 and household incomes above the national median ($81,563). There are 7 veterinary practices operations in ZIP 73116.

Area Profile

10,016
Population
$81,563
Median Income
+9% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 39.4 — mixed-age market, broad menu appeal.
College-Educated: 39.5% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 73116.

7
Veterinary Practices
Moderate — proven market
7.0 per 10K residents
3
Pet Care Services
3.0 per 10K residents
4
Pet Stores
4.0 per 10K residents
What this means: Veterinary Practices are 50.0% of the relevant market in ZIP 73116 (7 vs. 7 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,270
2BR Fair Market Rent
$1,136
Median Gross Rent
$290 K
Median Home Value
11
Bank Branches
$1.4 M deposits

Tips for Starting a Veterinary Business in Oklahoma

  • 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.

Data sources

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