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Veterinary Practices Market: ZIP 98226

Opportunity Score

53 / 100 Fair

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

Market Summary

ZIP 98226 is an urban area with low foot traffic. with a population of 45,739 and household incomes above the national median ($79,684). There are 5 veterinary practices operations in ZIP 98226.

Area Profile

45,739

Population

$79,684

Median Income

+7% vs. national

Urban

Area Type

6.9/20

Foot Traffic

Car-Dependent

Median Age: 40.9 — older demographic, may prefer sit-down options.

College-Educated: 29.2% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 98226.

Veterinary Practices

Low competition — room to establish

1.1 per 10K residents

Pet Care Services

1.5 per 10K residents

Pet Stores

0.7 per 10K residents

What this means: Veterinary Practices are 33.3% of the relevant market in ZIP 98226 (5 vs. 10 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,570

2BR Fair Market Rent

$1,557

Median Gross Rent

$570 K

Median Home Value

Bank Branches

$1.8 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.