VetCostCalc
Showing results for ZIP 98623 (WA)
Home ZIP 98296

Veterinary Practices Market: ZIP 98296

Opportunity Score
79 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98296 is an urban area with low foot traffic. with a population of 27,201 and household incomes well above the national median ($172,468).

Area Profile

27,201
Population
$172,468
Median Income
+131% vs. national
Urban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 41.8 — older demographic, may prefer sit-down options.
College-Educated: 33.3% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 98296.

9
Pet Care Services
3.3 per 10K residents

Operating Costs

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

$3,110
2BR Fair Market Rent
$2,325
Median Gross Rent
$870 K
Median Home Value
2
Bank Branches
$170 K 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 $172,468. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits