Starting a Business in Nicollet County, MN

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

Avg Startup Cost

$59,335

Monthly Overhead

$1,352

Est. Break-Even

30 mo

Runway

44 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,352/mo
Median Household Income$79,113
Property Tax Rate1.1%

Population (market size)34,380

Market Context

Median Home Value$240,700
Homeownership Rate74.2%
Median Rent$901/mo

CountyNicollet County

About Nicollet County, Minnesota

Nicollet County in Minnesota has a population of 34,380 and a median household income of $79,113. 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 Nicollet 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.