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Veterinary Practices Market: ZIP 84014

Opportunity Score

72 / 100 Good

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

Market Summary

ZIP 84014 is an urban area with high foot traffic. with a population of 16,571 and household incomes well above the national median ($118,045). There are 3 veterinary practices operations in ZIP 84014.

Area Profile

16,571

Population

$118,045

Median Income

+58% vs. national

Urban

Area Type

15.7/20

Foot Traffic

Very Walkable

Median Age: 39.0 — mixed-age market, broad menu appeal.

College-Educated: 32.1% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 84014.

Veterinary Practices

Low competition — room to establish

1.8 per 10K residents

Pet Care Services

1.8 per 10K residents

What this means: Veterinary Practices are 50.0% of the relevant market in ZIP 84014 (3 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,740

2BR Fair Market Rent

$1,548

Median Gross Rent

$490 K

Median Home Value

Bank Branches

$210 K deposits

Tips for Starting a Veterinary Business in Utah

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.
The median income here is $118,045. That gives you pricing room most markets don't offer. Don't underprice.