Veterinary Practices Market: ZIP 98404
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98404 is an urban area with moderate foot traffic. with a population of 35,829 and household incomes above the national median ($79,562).
Area Profile
35,829
Population
$79,562
Median Income
+7% vs. national
Urban
Area Type
13.6/20
Foot Traffic
Walkable
Median Age: 35.4 —
mixed-age market, broad menu appeal.
College-Educated: 14.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,790
2BR Fair Market Rent
$1,440
Median Gross Rent
$390 K
Median Home Value
1
Bank Branches
$43 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
+7% vs. $74,580
Walkability
+3.1 pts vs. national avg
Nearby Markets
98408
2.5 mi
Pop: 20,469
$78,855
Walk: 13.9
98418
2.6 mi
Pop: 10,475
$79,413
Walk: 14.4
98443
2.7 mi
Pop: 5,787
$117,423
98421
3.7 mi
Pop: 249
Walk: 19.3
98402
3.8 mi
Pop: 7,500
$54,712
Walk: 18.2
98409
4.4 mi
Pop: 27,298
$71,649
Walk: 14.6
98424
4.4 mi
Pop: 11,871
$93,633
Walk: 9.8
98444
4.7 mi
Pop: 35,660
$64,464
Walk: 13.2
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