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Veterinary Practices Market: ZIP 98188

Opportunity Score

72 / 100 Good

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

Market Summary

ZIP 98188 is an urban area with moderate foot traffic. with a population of 26,769 and household incomes above the national median ($76,559).

26,769

Population

$76,559

Median Income

+3% vs. national

Urban

Area Type

13.0/20

Foot Traffic

Walkable

Median Age: 36.8 — mixed-age market, broad menu appeal.

College-Educated: 19.1% — value-focused market, keep prices competitive.

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

$2,390

2BR Fair Market Rent

$1,641

Median Gross Rent

$450 K

Median Home Value

Bank Branches

$1.1 M deposits

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.