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Veterinary Practices Market: ZIP 87123

Opportunity Score

64 / 100 Good

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

Market Summary

ZIP 87123 is an urban area with moderate foot traffic. with a population of 43,515 and household incomes near the national median ($61,552).

43,515

Population

$61,552

Median Income

-17% vs. national

Urban

Area Type

11.6/20

Foot Traffic

Walkable

Median Age: 40.1 — older demographic, may prefer sit-down options.

College-Educated: 23.6% — value-focused market, keep prices competitive.

Veterinary Practices and related businesses in ZIP 87123.

Pet Care Services

1.4 per 10K residents

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

$1,190

2BR Fair Market Rent

$995

Median Gross Rent

$240 K

Median Home Value

Bank Branches

$310 K deposits

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.