Starting a Business in Rankin County, MS

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

Avg Startup Cost

$57,345

Monthly Overhead

$1,766

Est. Break-Even

30 mo

Runway

32 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,766/mo
Median Household Income$76,460
Property Tax Rate0.7%

Population (market size)157,185

Market Context

Median Home Value$203,300
Homeownership Rate76.9%
Median Rent$1,177/mo

CountyRankin County

About Rankin County, Mississippi

Rankin County in Mississippi has a population of 157,185 and a median household income of $76,460. 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 Rankin County

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Other Counties in Mississippi

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.