VetCostCalc
Showing results for ZIP 47470 (IN)
Home ZIP 84062

Veterinary Practices Market: ZIP 84062

Opportunity Score
76 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 84062 is an urban area with low foot traffic. with a population of 47,489 and household incomes well above the national median ($101,584).

Area Profile

47,489
Population
$101,584
Median Income
+36% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 27.8 — young market, strong street food demand.
College-Educated: 23.8% — value-focused market, keep prices competitive.

Competition

Veterinary Practices and related businesses in ZIP 84062.

3
Pet Care Services
0.6 per 10K residents

Operating Costs

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

$1,460
2BR Fair Market Rent
$1,617
Median Gross Rent
$480 K
Median Home Value
8
Bank Branches
$690 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 $101,584. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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