Starting a Business in Itasca County, MN

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

Avg Startup Cost

$47,972

Monthly Overhead

$1,344

Est. Break-Even

30 mo

Runway

36 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,344/mo
Median Household Income$63,962
Property Tax Rate0.9%

Population (market size)45,054

Market Context

Median Home Value$198,500
Homeownership Rate82.5%
Median Rent$896/mo

CountyItasca County

About Itasca County, Minnesota

Itasca County in Minnesota has a population of 45,054 and a median household income of $63,962. 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 Itasca 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.