Starting a Business in Ontonagon County, MI

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

Avg Startup Cost

$36,237

Monthly Overhead

$818

Est. Break-Even

30 mo

Runway

44 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$818/mo
Median Household Income$48,316
Property Tax Rate1.3%

Population (market size)5,862

Market Context

Median Home Value$89,700
Homeownership Rate88.4%
Median Rent$545/mo

CountyOntonagon County

About Ontonagon County, Michigan

Ontonagon County in Michigan has a population of 5,862 and a median household income of $48,316. 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 Ontonagon 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.