Pet Businesses Market: ZIP 08816
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08816 is an urban area with moderate foot traffic. with a population of 48,965 and household incomes well above the national median ($141,731). There are 3 pet businesses operations in ZIP 08816.
Area Profile
48,965
Population
$141,731
Median Income
+90% vs. national
Urban
Area Type
10.9/20
Foot Traffic
Walkable
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 40.0% —
balanced market for quality & value.
Competition
Pet Businesses and related businesses in ZIP 08816.
3
Pet Businesses
Low competition — room to establish
0.6 per 10K residents
3
Pet Stores
0.6 per 10K residents
6
Vet Services
1.2 per 10K residents
What this means:
Pet Businesses are 25.0% of the relevant market in ZIP 08816 (3 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,340
2BR Fair Market Rent
$2,079
Median Gross Rent
$500 K
Median Home Value
15
Bank Branches
$17 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Pet Businesses
- 3
- Related Businesses
- 9
- Bank Branches
- 15
vs. National Average
Median Income
+90% vs. $74,580
Walkability
+0.4 pts vs. national avg
Nearby Markets
08850
2.2 mi
Pop: 8,442
$127,331
Walk: 13.7
08882
2.8 mi
Pop: 16,007
$101,853
Walk: 12.5
08884
2.9 mi
Pop: 8,133
$101,125
Walk: 10.8
08828
3.5 mi
Pop: 2,317
$104,143
Walk: 6.6
08901
4.2 mi
Pop: 56,766
$60,248
Walk: 14.6
08872
4.8 mi
Pop: 20,040
$97,204
Walk: 10.5
08904
5.0 mi
Pop: 14,981
$101,991
Walk: 14.4
08902
5.2 mi
Pop: 43,146
$117,671
Walk: 9.8
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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