Starting a Business in Lemhi County, ID

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

Avg Startup Cost

$36,912

Monthly Overhead

$1,088

Est. Break-Even

30 mo

Runway

34 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,088/mo
Median Household Income$49,216
Property Tax Rate0.4%

Population (market size)8,043

Market Context

Median Home Value$254,800
Homeownership Rate83.6%
Median Rent$725/mo

CountyLemhi County

About Lemhi County, Idaho

Lemhi County in Idaho has a population of 8,043 and a median household income of $49,216. 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 Lemhi 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 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.