Starting a Business in Floyd County, KY

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

Avg Startup Cost

$29,042

Monthly Overhead

$1,110

Est. Break-Even

30 mo

Runway

26 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,110/mo
Median Household Income$38,723
Property Tax Rate0.8%

Population (market size)35,780

Market Context

Median Home Value$89,900
Homeownership Rate71.3%
Median Rent$740/mo

CountyFloyd County

About Floyd County, Kentucky

Floyd County in Kentucky has a population of 35,780 and a median household income of $38,723. 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 Floyd County

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Other Counties in Kentucky

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.