Starting a Business in Gooding County, ID

What does it cost to start a business in Gooding County? Here are the numbers.

Avg Startup Cost

$45,704

Monthly Overhead

$1,262

Est. Break-Even

30 mo

Runway

36 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,262/mo
Median Household Income$60,938
Property Tax Rate0.5%

Population (market size)15,520

Market Context

Median Home Value$197,800
Homeownership Rate72.1%
Median Rent$841/mo

CountyGooding County

About Gooding County, Idaho

Gooding County in Idaho has a population of 15,520 and a median household income of $60,938. 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 Gooding County

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Other Counties in Idaho

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.