Pet Businesses Market: ZIP 08831
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08831 is an urban area with low foot traffic. with a population of 54,608 and household incomes well above the national median ($108,741). There are 3 pet businesses operations in ZIP 08831.
Area Profile
54,608
Population
$108,741
Median Income
+46% vs. national
Urban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 54.9 —
older demographic, may prefer sit-down options.
College-Educated: 40.3% —
strong appetite for artisan/specialty food.
Competition
Pet Businesses and related businesses in ZIP 08831.
3
Pet Businesses
Low competition — room to establish
0.5 per 10K residents
3
Vet Services
0.5 per 10K residents
What this means:
Pet Businesses are 50.0% of the relevant market in ZIP 08831 (3 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,070
2BR Fair Market Rent
$1,872
Median Gross Rent
$490 K
Median Home Value
19
Bank Branches
$2.3 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Pet Businesses
- 3
- Related Businesses
- 3
- Bank Branches
- 19
vs. National Average
Median Income
+46% vs. $74,580
Walkability
-1.9 pts vs. national avg
Nearby Markets
08828
3.1 mi
Pop: 2,317
$104,143
Walk: 6.6
08810
4.7 mi
Pop: 8,241
$141,308
08884
4.9 mi
Pop: 8,133
$101,125
Walk: 10.8
08512
6.5 mi
Pop: 12,511
$115,255
Walk: 6.7
08816
6.6 mi
Pop: 48,965
$141,731
Walk: 10.9
07726
7.0 mi
Pop: 44,698
$145,625
Walk: 11.0
08535
7.1 mi
Pop: 4,971
$195,278
Walk: 6.8
08850
7.9 mi
Pop: 8,442
$127,331
Walk: 13.7
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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