Starting a Business in Hemphill County, TX
What does it cost to start a business in Hemphill County? Here are the numbers.
Avg Startup Cost
$50,849
Monthly Overhead
$1,538
Est. Break-Even
30 mo
Runway
33 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$1,538/mo
Median Household Income$67,798
Property Tax Rate1.1%
Population (market size)3,371
Market Context
Median Home Value$200,600
Homeownership Rate73.4%
Median Rent$1,025/mo
CountyHemphill County
About Hemphill County, Texas
Hemphill County in Texas has a population of 3,371 and a median household income of $67,798. 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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