Starting a Business in San Miguel County, NM

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

Avg Startup Cost

$32,618

Monthly Overhead

$1,091

Est. Break-Even

30 mo

Runway

30 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,091/mo
Median Household Income$43,490
Property Tax Rate0.6%

Population (market size)27,215

Market Context

Median Home Value$150,400
Homeownership Rate71.6%
Median Rent$727/mo

CountySan Miguel County

About San Miguel County, New Mexico

San Miguel County in New Mexico has a population of 27,215 and a median household income of $43,490. 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 San Miguel 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.