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.

Analyze Your Business Viability in Phillips County

Enter your startup costs, revenue projections, and industry details to get a comprehensive viability analysis with Monte Carlo simulation, break-even modeling, and cash flow projections.

Start Free Analysis

Other Counties in Colorado

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.