Starting a Business in Southeastern Connecticut Planning Region, CT

What does it cost to start a business in Southeastern Connecticut Planning Region? Here are the numbers.

Avg Startup Cost

$60,248

Monthly Overhead

$1,881

Est. Break-Even

30 mo

Runway

32 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,881/mo
Median Household Income$80,330
Property Tax Rate1.8%

Population (market size)280,293

Market Context

Median Home Value$275,900
Homeownership Rate66.1%
Median Rent$1,254/mo

CountySoutheastern Connecticut Planning Region

About Southeastern Connecticut Planning Region, Connecticut

Southeastern Connecticut Planning Region in Connecticut has a population of 280,293 and a median household income of $80,330. The larger population base provides a strong potential customer pool for new businesses.

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 Southeastern Connecticut Planning Region

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Other Counties in Connecticut

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.