Veterinary Practices Market: ZIP 97005
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97005 is an urban area with high foot traffic. with a population of 27,812 and household incomes near the national median ($74,306). There are 8 veterinary practices operations in ZIP 97005.
Area Profile
27,812
Population
$74,306
Median Income
+0% vs. national
Urban
Area Type
16.2/20
Foot Traffic
Very Walkable
Median Age: 36.2 —
mixed-age market, broad menu appeal.
College-Educated: 27.3% —
balanced market for quality & value.
Competition
Veterinary Practices and related businesses in ZIP 97005.
8
Veterinary Practices
Moderate — proven market
2.9 per 10K residents
3
Pet Care Services
1.1 per 10K residents
5
Pet Stores
1.8 per 10K residents
What this means:
Veterinary Practices are 50.0% of the relevant market in ZIP 97005 (8 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,870
2BR Fair Market Rent
$1,551
Median Gross Rent
$480 K
Median Home Value
9
Bank Branches
$1.5 M deposits
Tips for Starting a Veterinary Business in Oregon
- 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
- Foot Traffic
- Very Walkable
- Veterinary Practices
- 8
- Related Businesses
- 8
- Bank Branches
- 9
vs. National Average
Median Income
+0% vs. $74,580
Walkability
+5.7 pts vs. national avg
Nearby Markets
97008
2.1 mi
Pop: 29,183
$90,246
Walk: 15.3
97225
2.5 mi
Pop: 25,802
$111,341
Walk: 13.7
97229
4.0 mi
Pop: 75,626
$159,863
Walk: 13.2
97223
4.0 mi
Pop: 50,226
$108,040
Walk: 14.5
97003
4.3 mi
Pop: 27,791
$96,962
97006
4.3 mi
Pop: 45,556
$100,373
Walk: 14.0
97221
5.1 mi
Pop: 13,118
$146,017
Walk: 16.1
97007
5.7 mi
Pop: 48,081
$116,667
Walk: 11.6
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