Home › ZIP 98103

Veterinary Practices Market: ZIP 98103

Opportunity Score

80 / 100 Excellent

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

Market Summary

ZIP 98103 is an urban area with high foot traffic. with a population of 51,988 and household incomes well above the national median ($127,372). There are 10 veterinary practices operations in ZIP 98103.

Area Profile

51,988

Population

$127,372

Median Income

+71% vs. national

Urban

Area Type

16.4/20

Foot Traffic

Very Walkable

Median Age: 34.7 — mixed-age market, broad menu appeal.

College-Educated: 61.3% — strong appetite for artisan/specialty food.

Competition

Veterinary Practices and related businesses in ZIP 98103.

Veterinary Practices

Moderate — proven market

1.9 per 10K residents

Pet Care Services

2.3 per 10K residents

What this means: Veterinary Practices are 45.5% of the relevant market in ZIP 98103 (10 vs. 12 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$3,120

2BR Fair Market Rent

$2,006

Median Gross Rent

$1 M

Median Home Value

Bank Branches

$1.1 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 $127,372. That gives you pricing room most markets don't offer. Don't underprice.