Starting a Business in Gem County, ID
What does it cost to start a business in Gem County? Here are the numbers.
Avg Startup Cost
$48,903
Monthly Overhead
$1,241
Est. Break-Even
30 mo
Runway
39 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$1,241/mo
Median Household Income$65,204
Property Tax Rate0.4%
Population (market size)19,250
Market Context
Median Home Value$324,700
Homeownership Rate75.4%
Median Rent$827/mo
CountyGem County
About Gem County, Idaho
Gem County in Idaho has a population of 19,250 and a median household income of $65,204. 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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