Starting a Business in Baraga County, MI

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

Avg Startup Cost

$38,933

Monthly Overhead

$843

Est. Break-Even

30 mo

Runway

46 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$843/mo
Median Household Income$51,911
Property Tax Rate1.4%

Population (market size)8,245

Market Context

Median Home Value$121,700
Homeownership Rate76.9%
Median Rent$562/mo

CountyBaraga County

About Baraga County, Michigan

Baraga County in Michigan has a population of 8,245 and a median household income of $51,911. 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 Baraga County

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Other Counties in Michigan

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.