Starting a Business in Franklin Parish, LA

What does it cost to start a business in Franklin Parish? Here are the numbers.

Avg Startup Cost

$30,847

Monthly Overhead

$1,052

Est. Break-Even

30 mo

Runway

29 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,052/mo
Median Household Income$41,129
Property Tax Rate0.3%

Population (market size)19,752

Market Context

Median Home Value$99,200
Homeownership Rate74.8%
Median Rent$701/mo

CountyFranklin Parish

About Franklin Parish, Louisiana

Franklin Parish in Louisiana has a population of 19,752 and a median household income of $41,129. 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 Franklin Parish

Enter your startup costs, revenue projections, and industry details to get a comprehensive viability analysis with Monte Carlo simulation, break-even modeling, and cash flow projections.

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Other Counties in Louisiana

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.