Starting a Business in Wexford County, MI

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

Avg Startup Cost

$43,989

Monthly Overhead

$1,247

Est. Break-Even

30 mo

Runway

35 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,247/mo
Median Household Income$58,652
Property Tax Rate1.2%

Population (market size)33,766

Market Context

Median Home Value$146,100
Homeownership Rate80.8%
Median Rent$831/mo

CountyWexford County

About Wexford County, Michigan

Wexford County in Michigan has a population of 33,766 and a median household income of $58,652. The moderate population offers opportunities for niche businesses with less competition.

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 Wexford 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.