Starting a Business in Monroe County, IL

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

Avg Startup Cost

$75,514

Monthly Overhead

$1,434

Est. Break-Even

30 mo

Runway

53 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,434/mo
Median Household Income$100,685
Property Tax Rate1.8%

Population (market size)34,905

Market Context

Median Home Value$254,100
Homeownership Rate84.1%
Median Rent$956/mo

CountyMonroe County

About Monroe County, Illinois

Monroe County in Illinois has a population of 34,905 and a median household income of $100,685. 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 Monroe 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.