Home › ZIP 98011

Veterinary Practices Market: ZIP 98011

Opportunity Score

69 / 100 Good

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

Market Summary

ZIP 98011 is an urban area with moderate foot traffic. with a population of 28,250 and household incomes well above the national median ($127,445). There are 4 veterinary practices operations in ZIP 98011.

Area Profile

28,250

Population

$127,445

Median Income

+71% vs. national

Urban

Area Type

12.4/20

Foot Traffic

Walkable

Median Age: 38.1 — mixed-age market, broad menu appeal.

College-Educated: 43.1% — strong appetite for artisan/specialty food.

Competition

Veterinary Practices and related businesses in ZIP 98011.

Veterinary Practices

Low competition — room to establish

1.4 per 10K residents

Pet Care Services

1.1 per 10K residents

What this means: Veterinary Practices are 57.1% of the relevant market in ZIP 98011 (4 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,860

2BR Fair Market Rent

$2,223

Median Gross Rent

$890 K

Median Home Value

Bank Branches

$320 K deposits

Tips for Starting a Veterinary Business in Washington

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.
The median income here is $127,445. That gives you pricing room most markets don't offer. Don't underprice.