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.

Analyze Your Business Viability in Wilkin 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.