Starting a Business in Letcher County, KY

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

Avg Startup Cost

$28,850

Monthly Overhead

$938

Est. Break-Even

30 mo

Runway

31 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$938/mo
Median Household Income$38,466
Property Tax Rate0.9%

Population (market size)21,490

Market Context

Median Home Value$66,000
Homeownership Rate74.0%
Median Rent$625/mo

CountyLetcher County

About Letcher County, Kentucky

Letcher County in Kentucky has a population of 21,490 and a median household income of $38,466. 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 Letcher 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.