Groundwork

Pets · Metro area · Tennessee

Veterinarians in the Memphis, TN-MS-AR metro area

How the Memphis, TN-MS-AR metro area compares with other metro areas and the U.S. for veterinarians: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 63 out of 100: Upper middle

Ranked #98 of 384 scored metro areas
#2 of 10 scored metro areas based in Tennessee

Listings
140
32 chain locations (23%)
Official establishments
111
−5.3% since 2019
Household spending a year
$450.3M
On pets · $861 a household
Spending per listing
$3.2M
18% above the U.S.
Listings per 10k households
2.7
18% below the U.S.
Population, 2025
1,341,412
−0.3% since 2020

See the veterinarians around any address in the Memphis metro area

The site report maps the veterinarians on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Memphis metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Households in the Memphis metro area spend about $450.3M a year on pets, or $861 per household, 5% below the U.S. average. That is about $3.2M of household spending for each clinic on map listings, 18% above the U.S. figure of $2.7M. The spending figure covers all pets, not only veterinarians.

The Memphis metro area has 140 veterinarians on map listings as of September 2026. Of those, 32 are chain locations, or 23%, against 19% across the U.S. That comes to 2.7 for every 10,000 households, 18% below the U.S. rate of 3.3.

In 2023, official counts showed 111 businesses with payroll in the Memphis metro area classed as veterinary services, down 5.3% from 2019. That is one for every 4,711 households, against one for every 3,767 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $4M has gone to businesses classed as veterinary services in the Memphis metro area.

Population estimates show the Memphis metro area declined 0.3% from 2020 to 2025, against +3.1% for the U.S. For veterinarians, the Memphis metro area has a Groundwork market score of 63 (upper middle): #98 of 384 scored metro areas and #2 of 10 scored metro areas based in Tennessee.

How the Memphis metro area compares

The same measures for Tennessee and the whole U.S. Spending per listing divides a year of household spending on all pets by the veterinarians counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Veterinarians in Memphis, TN-MS-AR metro area compared with Tennessee and the U.S.
MeasureMemphis metro areaTennesseeU.S.
Listings per 10k households2.73.63.3
Spending per listing$3.2M$2.4M$2.7M
Households per official establishment4,7113,9233,767
Official establishment growth, 2019–2023−5.3%+2.1%+6.8%
Population growth, 2020–2025−0.3%+5.6%+3.1%
Spending per household on pets$861$871$909
Median household income$66,401$69,595$80,734
Groundwork market score6355

Official counts and lending

Businesses

Official establishments, 2019 to 2023
111−5.3% over the period
Employees, 2023
2,031
Annual payroll, 2023
$96.1M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
14032 chain locations
Listings at the U.S. rate for this spending
166The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$4M

SBA-backed loans to businesses classed as veterinary services in the Memphis metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Memphis metro area

Population, 2025 estimate
1,341,412−0.3% since 2020
Households
522,879
Median age
37.6
Homes lived in by their owners
61%
Vehicles per household
1.8
Land area
4,972 sq. mi.
People per square mile
270
Median household income
$66,401
Average household income
$95,119
Median home value
$245,900
Jobs located here
640,441
Daytime population
1,368,538Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Memphis metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the veterinarians on map listings by name and distance.

Or open the report at the center of the Memphis metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Veterinarians across Tennessee

Every Tennessee market ranked →

The highest-scoring metro areas in Tennessee for veterinarians, numbered among those based in Tennessee, with the Memphis metro area marked.

Top metro areas in Tennessee

Metro areas in Tennessee ranked for veterinarians by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Nashville-Davidson–Murfreesboro–Franklin, TN673103.7$2.6M+8.7%#77 of 384
2Memphis, TN-MS-AR631402.7$3.2M−0.3%#98 of 384
3Clarksville, TN-KY63413.3$2.5M+8.5%#101 of 384
4Johnson City, TN61252.8$2.8M+4.3%#108 of 384
5Chattanooga, TN-GA51873.8$2.4M+5.3%#193 of 384
6Knoxville, TN461634.3$2M+6.9%#228 of 384
7Cleveland, TN37224.4$1.8M+6.1%#286 of 384
8Kingsport-Bristol, TN-VA35483.7$2.1M+2.3%#294 of 384
9Jackson, TN28304.1$1.9M+2.2%#335 of 384
10Morristown, TN26255.2$1.5M+7.9%#350 of 384

Other business types in the Memphis metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many veterinarians are in the Memphis, TN-MS-AR metro area?

Map listings as of September 2026 show 140 veterinarians in the Memphis metro area. 32 of them (23%) are chain locations. The listings count veterinary clinics and animal hospitals. Official counts show 111 businesses with payroll classed as veterinary services in 2023, down 5.3% from 2019.

How much do households in the Memphis, TN-MS-AR metro area spend on pets?

About $450.3M a year, or $861 per household. That is 5% below the U.S. average (an index of 95, where 100 is the U.S. average). Spread across the 140 veterinarians on map listings, it comes to $3.2M per clinic. That spending covers all pets, which veterinarians share with other businesses in the trade. It is estimated from the incomes of the 522,879 households in the Memphis metro area and national spending patterns by income.

How does the Memphis, TN-MS-AR metro area compare with the U.S. for veterinarians?

The Memphis metro area has 2.7 veterinarians per 10,000 households, 18% below the U.S. rate of 3.3. Spending per clinic is $3.2M, 18% above the U.S. figure of $2.7M. At the U.S. ratio of veterinarians to household spending, the Memphis metro area would have about 166, against 140 on map listings. There is one business with payroll in the industry for every 4,711 households, against one for every 3,767 across the U.S. The official count fell 5.3% from 2019 to 2023, against +6.8% for the U.S.

How fast is the Memphis, TN-MS-AR metro area growing?

Population estimates put the Memphis metro area at 1,341,412 people in 2025, down 0.3% since 2020, against +3.1% for the U.S. It has 522,879 households. Median household income in the Memphis metro area is $66,401, 18% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Memphis metro area scores 63 for veterinarians (upper middle), #98 of 384 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Memphis metro area. It maps the veterinarians on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for veterinarians · All 56 business types in the Memphis metro area

Screening a site or an acquisition in the Memphis metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Memphis metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.