Veterinary Practices Market: ZIP 97701
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97701 is an urban area. with a population of 42,543 and household incomes above the national median ($77,969). There are 13 veterinary practices operations in ZIP 97701.
Area Profile
42,543
Population
$77,969
Median Income
+5% vs. national
Urban
Area Type
Median Age: 37.2 —
mixed-age market, broad menu appeal.
College-Educated: 30.0% —
balanced market for quality & value.
Competition
Veterinary Practices and related businesses in ZIP 97701.
13
Veterinary Practices
Moderate — proven market
3.1 per 10K residents
8
Pet Care Services
1.9 per 10K residents
9
Pet Stores
2.1 per 10K residents
What this means:
Veterinary Practices are 43.3% of the relevant market in ZIP 97701 (13 vs. 17 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,680
2BR Fair Market Rent
$1,700
Median Gross Rent
$570 K
Median Home Value
11
Bank Branches
$1.1 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
- Veterinary Practices
- 13
- Related Businesses
- 17
- Bank Branches
- 11
vs. National Average
Median Income
+5% vs. $74,580
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