Veterinary Practices Market: ZIP 87117
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 87117 is an urban area.
Area Profile
24
Population
Urban
Area Type
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,360
2BR Fair Market Rent
Tips for Starting a Veterinary Business in New Mexico
- 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
Nearby Markets
87116
4.5 mi
Pop: 3,953
$78,877
87123
5.6 mi
Pop: 43,515
$61,552
Walk: 11.6
87106
6.2 mi
Pop: 26,815
$51,079
Walk: 12.0
87108
6.5 mi
Pop: 35,985
$39,578
Walk: 14.4
87112
7.1 mi
Pop: 42,523
$69,610
Walk: 13.9
87110
8.6 mi
Pop: 40,142
$63,593
Walk: 14.2
87111
9.9 mi
Pop: 57,219
$84,511
Walk: 13.5
87102
10.5 mi
Pop: 20,258
$37,276
Walk: 15.8
Check Another Market
Or estimate costs with the VetCostCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits