Starting a Business in McKinley County, NM

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

Avg Startup Cost

$33,022

Monthly Overhead

$1,209

Est. Break-Even

30 mo

Runway

27 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,209/mo
Median Household Income$44,029
Property Tax Rate1.9%

Population (market size)72,073

Market Context

Median Home Value$70,200
Homeownership Rate71.9%
Median Rent$806/mo

CountyMcKinley County

About McKinley County, New Mexico

McKinley County in New Mexico has a population of 72,073 and a median household income of $44,029. The moderate population offers opportunities for niche businesses with less competition.

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 McKinley County

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Other Counties in New Mexico

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.