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Veterinary Practices Market: ZIP 98683

Opportunity Score

64 / 100 Good

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

Market Summary

ZIP 98683 is an urban area with moderate foot traffic. with a population of 31,613 and household incomes above the national median ($83,821). There are 9 veterinary practices operations in ZIP 98683.

Area Profile

31,613

Population

$83,821

Median Income

+12% vs. national

Urban

Area Type

11.7/20

Foot Traffic

Walkable

Median Age: 42.5 — older demographic, may prefer sit-down options.

College-Educated: 30.7% — balanced market for quality & value.

Competition

Veterinary Practices and related businesses in ZIP 98683.

Veterinary Practices

Moderate — proven market

2.8 per 10K residents

Pet Stores

1.3 per 10K residents

What this means: Veterinary Practices are 69.2% of the relevant market in ZIP 98683 (9 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,010

2BR Fair Market Rent

$1,783

Median Gross Rent

$500 K

Median Home Value

Bank Branches

$1.4 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.