Starting a Business in Colfax County, NM
What does it cost to start a business in Colfax County? Here are the numbers.
Avg Startup Cost
$34,715
Monthly Overhead
$984
Est. Break-Even
30 mo
Runway
35 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$984/mo
Median Household Income$46,286
Property Tax Rate0.6%
Population (market size)12,370
Market Context
Median Home Value$138,400
Homeownership Rate71.7%
Median Rent$656/mo
CountyColfax County
About Colfax County, New Mexico
Colfax County in New Mexico has a population of 12,370 and a median household income of $46,286. 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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