Vet Costs Near Farmington, NM (87401)
Opportunity Score
47
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 87401 is an urban area. with a population of 45,020 and household incomes near the national median ($56,358). There are 3 veterinary practices operations in ZIP 87401.
Area Profile
45,020
Population
$56,358
Median Income
-24% vs. national
Urban
Area Type
Median Age: 36.5 —
mixed-age market, broad menu appeal.
College-Educated: 12.5% —
value-focused market, keep prices competitive.
Competition
Veterinary Practices and related businesses in ZIP 87401.
3
Veterinary Practices
Low competition — room to establish
0.7 per 10K residents
7
Pet Care Services
1.6 per 10K residents
What this means:
Veterinary Practices are 30.0% of the relevant market in ZIP 87401 (3 vs. 7 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$983
Median Gross Rent
$200 K
Median Home Value
10
Bank Branches
$1.2 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Veterinary Practices
- 3
- Related Businesses
- 7
- Bank Branches
- 10
vs. National Average
Median Income
-24% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the VetCostCalc calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits