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Veterinary Practices Market: ZIP 98640

Opportunity Score

64 / 100 Good

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

Market Summary

ZIP 98640 is an rural area. with a population of 5,107 and household incomes near the national median ($56,753).

5,107

Population

$56,753

Median Income

-24% vs. national

Rural

Area Type

Median Age: 63.8 — older demographic, may prefer sit-down options.

College-Educated: 23.6% — value-focused market, keep prices competitive.

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

$1,110

2BR Fair Market Rent

$976

Median Gross Rent

$300 K

Median Home Value

Bank Branches

$56 K 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.
This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.