Starting a Business in Broome County, NY

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

Avg Startup Cost

$43,738

Monthly Overhead

$1,323

Est. Break-Even

30 mo

Runway

33 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,323/mo
Median Household Income$58,317
Property Tax Rate2.7%

Population (market size)198,365

Market Context

Median Home Value$139,200
Homeownership Rate64.8%
Median Rent$882/mo

CountyBroome County

About Broome County, New York

Broome County in New York has a population of 198,365 and a median household income of $58,317. The larger population base provides a strong potential customer pool for new businesses.

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 Broome County

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Other Counties in New York

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.