Starting a Business in Martin County, MN

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

Avg Startup Cost

$46,256

Monthly Overhead

$1,151

Est. Break-Even

30 mo

Runway

40 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,151/mo
Median Household Income$61,674
Property Tax Rate1.0%

Population (market size)19,960

Market Context

Median Home Value$148,100
Homeownership Rate72.6%
Median Rent$767/mo

CountyMartin County

About Martin County, Minnesota

Martin County in Minnesota has a population of 19,960 and a median household income of $61,674. 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 Martin 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.