Starting a Business in Lafayette Parish, LA

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

Avg Startup Cost

$49,963

Monthly Overhead

$1,479

Est. Break-Even

30 mo

Runway

34 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,479/mo
Median Household Income$66,617
Property Tax Rate0.6%

Population (market size)243,175

Market Context

Median Home Value$222,400
Homeownership Rate66.3%
Median Rent$986/mo

CountyLafayette Parish

About Lafayette Parish, Louisiana

Lafayette Parish in Louisiana has a population of 243,175 and a median household income of $66,617. The larger population base provides a strong potential customer pool for new businesses.

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 Lafayette 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.