Starting a Business in Monroe County, TN

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

Avg Startup Cost

$39,092

Monthly Overhead

$1,002

Est. Break-Even

30 mo

Runway

39 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,002/mo
Median Household Income$52,123
Property Tax Rate0.5%

Population (market size)46,489

Market Context

Median Home Value$174,800
Homeownership Rate72.1%
Median Rent$668/mo

CountyMonroe County

About Monroe County, Tennessee

Monroe County in Tennessee has a population of 46,489 and a median household income of $52,123. 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 Monroe County

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Other Counties in Tennessee

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.