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Veterinary Practices Market: ZIP 84094

Opportunity Score

65 / 100 Good

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

Market Summary

ZIP 84094 is an urban area with moderate foot traffic. with a population of 28,277 and household incomes well above the national median ($102,881). There are 3 veterinary practices operations in ZIP 84094.

Area Profile

28,277

Population

$102,881

Median Income

+38% vs. national

Urban

Area Type

13.5/20

Foot Traffic

Walkable

Median Age: 35.5 — mixed-age market, broad menu appeal.

College-Educated: 27.1% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 84094.

Veterinary Practices

Low competition — room to establish

1.1 per 10K residents

Pet Care Services

1.8 per 10K residents

What this means: Veterinary Practices are 37.5% of the relevant market in ZIP 84094 (3 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,090

2BR Fair Market Rent

$1,851

Median Gross Rent

$470 K

Median Home Value

Bank Branches

$190 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 $102,881. That gives you pricing room most markets don't offer. Don't underprice.