Starting a Business in Clay County, MN

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

Avg Startup Cost

$56,255

Monthly Overhead

$1,458

Est. Break-Even

30 mo

Runway

39 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,458/mo
Median Household Income$75,006
Property Tax Rate1.1%

Population (market size)65,307

Market Context

Median Home Value$241,400
Homeownership Rate66.1%
Median Rent$972/mo

CountyClay County

About Clay County, Minnesota

Clay County in Minnesota has a population of 65,307 and a median household income of $75,006. 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 Clay County

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Other Counties in Minnesota

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.