Starting a Business in Wilkin County, MN
What does it cost to start a business in Wilkin County? Here are the numbers.
Avg Startup Cost
$50,336
Monthly Overhead
$824
Est. Break-Even
30 mo
Runway
61 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$824/mo
Median Household Income$67,114
Property Tax Rate0.8%
Population (market size)6,454
Market Context
Median Home Value$169,100
Homeownership Rate80.4%
Median Rent$549/mo
CountyWilkin County
About Wilkin County, Minnesota
Wilkin County in Minnesota has a population of 6,454 and a median household income of $67,114. 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.
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