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Showing results for ZIP 88103 (NM)
Home ZIP 78704

Veterinary Practices Market: ZIP 78704

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78704 is an urban area with moderate foot traffic. with a population of 50,479 and household incomes above the national median ($97,160). There are 10 veterinary practices operations in ZIP 78704.

Area Profile

50,479
Population
$97,160
Median Income
+30% vs. national
Urban
Area Type
14.3/20
Foot Traffic
Very Car-Dependent
Median Age: 34.2 — mixed-age market, broad menu appeal.
College-Educated: 53.9% — strong appetite for artisan/specialty food.

Competition

Veterinary Practices and related businesses in ZIP 78704.

10
Veterinary Practices
Moderate — proven market
2.0 per 10K residents
13
Pet Care Services
2.6 per 10K residents
What this means: Veterinary Practices are 43.5% of the relevant market in ZIP 78704 (10 vs. 13 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,190
2BR Fair Market Rent
$1,755
Median Gross Rent
$860 K
Median Home Value
9
Bank Branches
$1.2 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.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Veterinary Practices
10
Related Businesses
13
Bank Branches
9

vs. National Average

Median Income
+30% vs. $74,580
Walkability
+3.8 pts vs. national avg

Check Another Market

Or estimate costs with the VetCostCalc calculator.

Data sources

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