VetCostCalc
Showing results for ZIP 46383 (IN)
Home ZIP 78216

Veterinary Practices Market: ZIP 78216

Opportunity Score
58 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78216 is an urban area with moderate foot traffic. with a population of 42,044 and household incomes near the national median ($55,488). There are 9 veterinary practices operations in ZIP 78216.

Area Profile

42,044
Population
$55,488
Median Income
-26% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 35.8 — mixed-age market, broad menu appeal.
College-Educated: 24.2% — value-focused market, keep prices competitive.

Competition

Veterinary Practices and related businesses in ZIP 78216.

9
Veterinary Practices
Moderate — proven market
2.1 per 10K residents
9
Pet Care Services
2.1 per 10K residents
3
Pet Stores
0.7 per 10K residents
What this means: Veterinary Practices are 42.9% of the relevant market in ZIP 78216 (9 vs. 12 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,540
2BR Fair Market Rent
$1,211
Median Gross Rent
$280 K
Median Home Value
21
Bank Branches
$3.3 M deposits

Tips for Starting a Veterinary Business in Texas

  • 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