Starting a Business in Prince of Wales-Hyder Census Area, AK

What does it cost to start a business in Prince of Wales-Hyder Census Area? Here are the numbers.

Avg Startup Cost

$46,334

Monthly Overhead

$1,325

Est. Break-Even

30 mo

Runway

35 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,325/mo
Median Household Income$61,779
Property Tax Rate0.5%

Population (market size)5,799

Market Context

Median Home Value$220,800
Homeownership Rate72.6%
Median Rent$883/mo

CountyPrince of Wales-Hyder Census Area

About Prince of Wales-Hyder Census Area, Alaska

Prince of Wales-Hyder Census Area in Alaska has a population of 5,799 and a median household income of $61,779. 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 Prince of Wales-Hyder 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.