Starting a Business in Clay County, IN

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

Avg Startup Cost

$51,273

Monthly Overhead

$1,182

Est. Break-Even

30 mo

Runway

43 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,182/mo
Median Household Income$68,364
Property Tax Rate0.5%

Population (market size)26,396

Market Context

Median Home Value$130,000
Homeownership Rate77.6%
Median Rent$788/mo

CountyClay County

About Clay County, Indiana

Clay County in Indiana has a population of 26,396 and a median household income of $68,364. 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 Clay County

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Other Counties in Indiana

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.