Starting a Business in Nome Census Area, AK

What does it cost to start a business in Nome Census Area? Here are the numbers.

Avg Startup Cost

$52,591

Monthly Overhead

$2,024

Est. Break-Even

30 mo

Runway

26 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$2,024/mo
Median Household Income$70,121
Property Tax Rate1.5%

Population (market size)10,018

Market Context

Median Home Value$181,300
Homeownership Rate62.6%
Median Rent$1,349/mo

CountyNome Census Area

About Nome Census Area, Alaska

Nome Census Area in Alaska has a population of 10,018 and a median household income of $70,121. The smaller market may favor service-oriented businesses or online ventures.

These are starting estimates based on county-level data. Your actual startup costs depend on your industry, business model, location within the county, and dozens of other factors. Use our calculator for a detailed viability analysis.

Analyze Your Business Viability in Nome Census Area

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Other Counties in Alaska

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SBA, BLS. Estimates based on county-level medians. This is not financial advice.