Veterinary Practices Market: ZIP 98118
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98118 is an urban area with moderate foot traffic. with a population of 49,560 and household incomes well above the national median ($109,085). There are 3 veterinary practices operations in ZIP 98118.
Area Profile
49,560
Population
$109,085
Median Income
+46% vs. national
Urban
Area Type
14.1/20
Foot Traffic
Very Car-Dependent
Median Age: 38.0 —
mixed-age market, broad menu appeal.
College-Educated: 35.8% —
balanced market for quality & value.
Competition
Veterinary Practices and related businesses in ZIP 98118.
3
Veterinary Practices
Low competition — room to establish
0.6 per 10K residents
4
Pet Care Services
0.8 per 10K residents
What this means:
Veterinary Practices are 42.9% of the relevant market in ZIP 98118 (3 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,610
2BR Fair Market Rent
$1,831
Median Gross Rent
$750 K
Median Home Value
8
Bank Branches
$890 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Veterinary Practices
- 3
- Related Businesses
- 4
- Bank Branches
- 8
vs. National Average
Median Income
+46% vs. $74,580
Walkability
+3.6 pts vs. national avg
Nearby Markets
98108
2.6 mi
Pop: 24,430
$90,806
Walk: 13.4
98040
3.0 mi
Pop: 25,282
$202,359
Walk: 11.4
98178
3.4 mi
Pop: 25,929
$93,786
Walk: 13.8
98144
3.4 mi
Pop: 33,048
$94,051
Walk: 16.1
98168
4.2 mi
Pop: 34,814
$84,937
Walk: 13.0
98122
5.0 mi
Pop: 42,001
$106,479
Walk: 16.2
98134
5.5 mi
Pop: 779
$66,119
Walk: 13.9
98106
5.6 mi
Pop: 28,889
$115,529
Walk: 12.4
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