Veterinary Practices Market: ZIP 98345
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98345 is an urban area. with a population of 272 and household incomes well above the national median ($133,086).
Area Profile
272
Population
$133,086
Median Income
+78% vs. national
Urban
Area Type
Median Age: 54.6 —
older demographic, may prefer sit-down options.
College-Educated: 21.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,230
2BR Fair Market Rent
$2,211
Median Gross Rent
$620 K
Median Home Value
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 $133,086. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+78% vs. $74,580
Nearby Markets
98370
3.7 mi
Pop: 32,997
$109,416
Walk: 8.1
98392
4.6 mi
Pop: 3,412
$83,802
Walk: 8.0
98311
5.2 mi
Pop: 27,947
$98,714
Walk: 9.2
98315
6.5 mi
Pop: 5,931
$84,485
Walk: 6.5
98383
7.0 mi
Pop: 22,047
$106,902
Walk: 7.5
98110
7.2 mi
Pop: 24,607
$159,882
Walk: 8.5
98310
7.6 mi
Pop: 22,170
$73,292
Walk: 13.5
98342
8.7 mi
Pop: 1,398
$95,714
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