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Showing results for ZIP 02896 (RI)
Home ZIP 20016

Pet Businesses Market: ZIP 20016

Opportunity Score
74 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 20016 is an urban area with high foot traffic. with a population of 31,668 and household incomes well above the national median ($179,107). There are 4 pet businesses operations in ZIP 20016.

Area Profile

31,668
Population
$179,107
Median Income
+140% vs. national
Urban
Area Type
15.7/20
Foot Traffic
Very Walkable
Median Age: 42.9 — older demographic, may prefer sit-down options.
College-Educated: 57.8% — strong appetite for artisan/specialty food.

Competition

Pet Businesses and related businesses in ZIP 20016.

4
Pet Businesses
Low competition — room to establish
1.3 per 10K residents
3
Pet Stores
0.9 per 10K residents
3
Vet Services
0.9 per 10K residents
What this means: Pet Businesses are 40.0% of the relevant market in ZIP 20016 (4 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,640
2BR Fair Market Rent
$2,105
Median Gross Rent
$1.2 M
Median Home Value
15
Bank Branches
$1.7 M deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Walkable
Pet Businesses
4
Related Businesses
6
Bank Branches
15

vs. National Average

Median Income
+140% vs. $74,580
Walkability
+5.2 pts vs. national avg

Check Another Market

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits