Starting a Business in Lawrence County, AL

What does it cost to start a business in Lawrence County? Here are the numbers.

Avg Startup Cost

$41,090

Monthly Overhead

$1,038

Est. Break-Even

30 mo

Runway

40 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,038/mo
Median Household Income$54,786
Property Tax Rate0.3%

Population (market size)33,116

Market Context

Median Home Value$134,200
Homeownership Rate79.4%
Median Rent$692/mo

CountyLawrence County

About Lawrence County, Alabama

Lawrence County in Alabama has a population of 33,116 and a median household income of $54,786. The moderate population offers opportunities for niche businesses with less competition.

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 Lawrence County

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Other Counties in Alabama

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.