Starting a Business in Gogebic County, MI
What does it cost to start a business in Gogebic County? Here are the numbers.
Avg Startup Cost
$35,935
Monthly Overhead
$755
Est. Break-Even
30 mo
Runway
48 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$755/mo
Median Household Income$47,913
Property Tax Rate1.7%
Population (market size)14,597
Market Context
Median Home Value$87,800
Homeownership Rate82.6%
Median Rent$503/mo
CountyGogebic County
About Gogebic County, Michigan
Gogebic County in Michigan has a population of 14,597 and a median household income of $47,913. 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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