Starting a Business in St. Louis County, MN

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

Avg Startup Cost

$49,868

Monthly Overhead

$1,391

Est. Break-Even

30 mo

Runway

36 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,391/mo
Median Household Income$66,491
Property Tax Rate1.0%

Population (market size)200,122

Market Context

Median Home Value$192,900
Homeownership Rate71.9%
Median Rent$927/mo

CountySt. Louis County

About St. Louis County, Minnesota

St. Louis County in Minnesota has a population of 200,122 and a median household income of $66,491. The larger population base provides a strong potential customer pool for new businesses.

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 St. Louis 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.