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Veterinary Practices Market: ZIP 98052

Opportunity Score

77 / 100 Good

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

Market Summary

ZIP 98052 is an urban area with moderate foot traffic. with a population of 79,074 and household incomes well above the national median ($164,848). There are 11 veterinary practices operations in ZIP 98052.

Area Profile

79,074

Population

$164,848

Median Income

+121% vs. national

Urban

Area Type

12.5/20

Foot Traffic

Walkable

Median Age: 35.3 — mixed-age market, broad menu appeal.

College-Educated: 53.6% — strong appetite for artisan/specialty food.

Competition

Veterinary Practices and related businesses in ZIP 98052.

Veterinary Practices

Moderate — proven market

1.4 per 10K residents

Pet Care Services

0.8 per 10K residents

Pet Stores

0.6 per 10K residents

What this means: Veterinary Practices are 50.0% of the relevant market in ZIP 98052 (11 vs. 11 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$3,230

2BR Fair Market Rent

$2,339

Median Gross Rent

$1.1 M

Median Home Value

Bank Branches

$3.3 M 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 $164,848. That gives you pricing room most markets don't offer. Don't underprice.