Starting a Business in Griggs County, ND

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

Avg Startup Cost

$50,016

Monthly Overhead

$749

Est. Break-Even

30 mo

Runway

67 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$749/mo
Median Household Income$66,688
Property Tax Rate1.0%

Population (market size)2,309

Market Context

Median Home Value$119,500
Homeownership Rate81.9%
Median Rent$499/mo

CountyGriggs County

About Griggs County, North Dakota

Griggs County in North Dakota has a population of 2,309 and a median household income of $66,688. 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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Other Counties in North Dakota

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.