VetCostCalc
Showing results for ZIP 55720 (MN)
Home ZIP 84653

Veterinary Practices Market: ZIP 84653

Opportunity Score
83 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 84653 is an urban area with moderate foot traffic. with a population of 11,531 and household incomes well above the national median ($111,420).

Area Profile

11,531
Population
$111,420
Median Income
+49% vs. national
Urban
Area Type
11.2/20
Foot Traffic
Walkable
Median Age: 29.1 — young market, strong street food demand.
College-Educated: 22.1% — value-focused market, keep prices competitive.

Operating Costs

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

$1,420
2BR Fair Market Rent
$1,581
Median Gross Rent
$570 K
Median Home Value
2
Bank Branches
$64 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 $111,420. 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