Starting a Business in Coles County, IL

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

Avg Startup Cost

$40,299

Monthly Overhead

$1,167

Est. Break-Even

30 mo

Runway

35 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,167/mo
Median Household Income$53,732
Property Tax Rate2.1%

Population (market size)47,076

Market Context

Median Home Value$114,000
Homeownership Rate60.0%
Median Rent$778/mo

CountyColes County

About Coles County, Illinois

Coles County in Illinois has a population of 47,076 and a median household income of $53,732. The moderate population offers opportunities for niche businesses with less competition.

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 Coles County

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Other Counties in Illinois

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.