Veterinary Practices · Salt Lake City, UT

Veterinary Practices Market in
Salt Lake City, UT

$507M TAM · Market Score 64/100 · Ranked #42 of 925 MSAs by TAM

Bottom-up market data for the Salt Lake City, UT MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$507M
rank #42 of 925
Market Score
64/100
rank #192 of 925 · 79th percentile
Operators
99
1,746 employees
Pop. growth (5-yr)
9.0%
rank #141 of 872

Market Score breakdown

How Salt Lake City scored 64/100 for Veterinary Practices

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Salt Lake City ranks in the 79th percentile nationally for Veterinary Practices.

ComponentWeightValuePercentile
% HH Income >$150K35%27.4894
Fragmentation Score35%2.67
Total Population30%1,275,87095

TAM by segment

$507M in Salt Lake City broken down by segment

Veterinary Per Cap
$507M
100% of total TAM

Demographic snapshot

Who lives and buys in Salt Lake City

Population
1,275,870
9.0% 5-yr growth
Median HH income
$98,083
27.5% HHs $150K+
Housing units
474,627
11.7% age 65+
GDP per capita
$123,128

Frequently asked questions

Veterinary Practices market in Salt Lake City: common questions

How big is the veterinary practices market in Salt Lake City, UT?

The veterinary practices market in Salt Lake City, UT has a total addressable market of $507M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Salt Lake City the #42 largest veterinary practices market of 925 U.S. MSAs.

How many veterinary practices companies are in Salt Lake City?

PinpointIQ tracks 99 veterinary practices establishments in the Salt Lake City MSA, employing approximately 1,746 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Salt Lake City rank nationally for veterinary practices?

Salt Lake City scores 64/100 on PinpointIQ's Veterinary Practices Market Score, ranking #192 of 925 U.S. metros — the 79th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for veterinary practices operators and investors.

What drives veterinary practices demand in Salt Lake City?

PinpointIQ scores Salt Lake City's veterinary practices market on 3 components: % HH Income >$150K (35% weight, 94th percentile); Fragmentation Score (35% weight, 7th percentile); Total Population (30% weight, 95th percentile). The weights are calibrated to the veterinary practices vertical and applied consistently across every U.S. MSA.

What are the biggest veterinary practices sub-segments in Salt Lake City?

Salt Lake City's $507M veterinary practices TAM breaks down into: Veterinary Per Cap ($507M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Salt Lake City growing? How does population affect the veterinary practices market?

Salt Lake City has a population of 1,275,870 and has grown 9.0% over the last 5 years. Population change is one of the drivers of veterinary practices demand and factors into PinpointIQ's Market Score alongside vertical-specific attractiveness metrics.

TAM figures reflect PinpointIQ's bottom-up market size model built from U.S. Census, BLS, IRS County Business Patterns, and other public + commercial sources at the census-tract level. Market Score is PinpointIQ's percentile-weighted composite; the components and weights are set per vertical and shown above. Data refreshed monthly.

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