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Veterinary Practices Market: ZIP 98072

Opportunity Score

78 / 100 Good

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

Market Summary

ZIP 98072 is an urban area with moderate foot traffic. with a population of 24,922 and household incomes well above the national median ($174,599). There are 14 veterinary practices operations in ZIP 98072.

Area Profile

24,922

Population

$174,599

Median Income

+134% vs. national

Urban

Area Type

11.1/20

Foot Traffic

Walkable

Median Age: 41.5 — older demographic, may prefer sit-down options.

College-Educated: 48.9% — strong appetite for artisan/specialty food.

Competition

Veterinary Practices and related businesses in ZIP 98072.

Veterinary Practices

Moderate — proven market

5.6 per 10K residents

Pet Care Services

3.6 per 10K residents

What this means: Veterinary Practices are 60.9% of the relevant market in ZIP 98072 (14 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$3,030

2BR Fair Market Rent

$2,334

Median Gross Rent

$1.1 M

Median Home Value

Bank Branches

$1.6 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 $174,599. That gives you pricing room most markets don't offer. Don't underprice.