Starting a Business in Franklin County, ME
What does it cost to start a business in Franklin County? Here are the numbers.
Avg Startup Cost
$42,668
Monthly Overhead
$1,128
Est. Break-Even
30 mo
Runway
38 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$1,128/mo
Median Household Income$56,890
Property Tax Rate1.1%
Population (market size)29,839
Market Context
Median Home Value$170,600
Homeownership Rate75.7%
Median Rent$752/mo
CountyFranklin County
About Franklin County, Maine
Franklin County in Maine has a population of 29,839 and a median household income of $56,890. 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.
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