Veterinary Practices Market: ZIP 88101
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 88101 is an suburban area with low foot traffic. with a population of 45,157 and household incomes near the national median ($55,349). There are 7 veterinary practices operations in ZIP 88101.
Area Profile
45,157
Population
$55,349
Median Income
-26% vs. national
Suburban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 31.3 —
mixed-age market, broad menu appeal.
College-Educated: 13.1% —
value-focused market, keep prices competitive.
Competition
Veterinary Practices and related businesses in ZIP 88101.
7
Veterinary Practices
Moderate — proven market
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$980
2BR Fair Market Rent
$991
Median Gross Rent
$160 K
Median Home Value
13
Bank Branches
$1.1 M deposits
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
- Suburban
- Foot Traffic
- Car-Dependent
- Veterinary Practices
- 7
- Bank Branches
- 13
vs. National Average
Median Income
-26% vs. $74,580
Walkability
-2.0 pts vs. national avg
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