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Veterinary Practices Market: ZIP 97401

Opportunity Score

53 / 100 Fair

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

Market Summary

ZIP 97401 is an urban area with moderate foot traffic. with a population of 48,186 and household incomes near the national median ($51,244). There are 6 veterinary practices operations in ZIP 97401.

Area Profile

48,186

Population

$51,244

Median Income

-31% vs. national

Urban

Area Type

13.0/20

Foot Traffic

Walkable

Median Age: 30.3 — mixed-age market, broad menu appeal.

College-Educated: 28.6% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 97401.

Veterinary Practices

Moderate — proven market

1.2 per 10K residents

Pet Care Services

1.2 per 10K residents

Pet Stores

0.6 per 10K residents

What this means: Veterinary Practices are 40.0% of the relevant market in ZIP 97401 (6 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,530

2BR Fair Market Rent

$1,318

Median Gross Rent

$470 K

Median Home Value

Bank Branches

$3.5 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.