Starting a Business in Phillips County, CO
What does it cost to start a business in Phillips County? Here are the numbers.
Avg Startup Cost
$43,856
Monthly Overhead
$1,272
Est. Break-Even
30 mo
Runway
34 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$1,272/mo
Median Household Income$58,474
Property Tax Rate0.5%
Population (market size)4,493
Market Context
Median Home Value$258,200
Homeownership Rate74.9%
Median Rent$848/mo
CountyPhillips County
About Phillips County, Colorado
Phillips County in Colorado has a population of 4,493 and a median household income of $58,474. 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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