Pet Businesses Market: ZIP 08724
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08724 is an urban area with low foot traffic. with a population of 41,573 and household incomes above the national median ($98,771). There are 3 pet businesses operations in ZIP 08724.
Area Profile
41,573
Population
$98,771
Median Income
+32% vs. national
Urban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 45.4 —
older demographic, may prefer sit-down options.
College-Educated: 27.0% —
balanced market for quality & value.
Competition
Pet Businesses and related businesses in ZIP 08724.
3
Pet Businesses
Low competition — room to establish
0.7 per 10K residents
3
Vet Services
0.7 per 10K residents
What this means:
Pet Businesses are 50.0% of the relevant market in ZIP 08724 (3 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,180
2BR Fair Market Rent
$1,767
Median Gross Rent
$360 K
Median Home Value
5
Bank Branches
$890 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Pet Businesses
- 3
- Related Businesses
- 3
- Bank Branches
- 5
vs. National Average
Median Income
+32% vs. $74,580
Walkability
-1.9 pts vs. national avg
Nearby Markets
08723
3.6 mi
Pop: 32,033
$103,953
Walk: 9.1
08730
3.8 mi
Pop: 4,960
$167,754
Walk: 13.6
08720
3.8 mi
Pop: 774
$218,173
08742
3.9 mi
Pop: 25,558
$111,983
Walk: 12.8
08736
4.7 mi
Pop: 13,056
$170,042
Walk: 12.3
08750
5.8 mi
Pop: 3,624
$150,357
Walk: 11.8
08701
5.9 mi
Pop: 136,784
$62,811
Walk: 9.6
08738
5.9 mi
Pop: 1,371
$218,667
Check Another Market
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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