Starting a Business in Lipscomb County, TX

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

Avg Startup Cost

$53,719

Monthly Overhead

$1,254

Est. Break-Even

30 mo

Runway

43 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,254/mo
Median Household Income$71,625
Property Tax Rate1.3%

Population (market size)3,038

Market Context

Median Home Value$119,800
Homeownership Rate78.0%
Median Rent$836/mo

CountyLipscomb County

About Lipscomb County, Texas

Lipscomb County in Texas has a population of 3,038 and a median household income of $71,625. 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 Lipscomb County

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Other Counties in Texas

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.