Starting a Business in Phillips County, AR
What does it cost to start a business in Phillips County? Here are the numbers.
Avg Startup Cost
$28,094
Monthly Overhead
$1,079
Est. Break-Even
30 mo
Runway
26 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$1,079/mo
Median Household Income$37,458
Property Tax Rate0.6%
Population (market size)16,373
Market Context
Median Home Value$74,100
Homeownership Rate53.7%
Median Rent$719/mo
CountyPhillips County
About Phillips County, Arkansas
Phillips County in Arkansas has a population of 16,373 and a median household income of $37,458. 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.
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