Starting a Business in Sierra County, NM
What does it cost to start a business in Sierra County? Here are the numbers.
Avg Startup Cost
$26,442
Monthly Overhead
$1,094
Est. Break-Even
30 mo
Runway
24 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$1,094/mo
Median Household Income$35,256
Property Tax Rate0.5%
Population (market size)11,506
Market Context
Median Home Value$138,400
Homeownership Rate73.2%
Median Rent$729/mo
CountySierra County
About Sierra County, New Mexico
Sierra County in New Mexico has a population of 11,506 and a median household income of $35,256. 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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