Starting a Business in Charlottesville city, VA

What does it cost to start a business in Charlottesville city? Here are the numbers.

Avg Startup Cost

$50,383

Monthly Overhead

$2,036

Est. Break-Even

30 mo

Runway

25 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$2,036/mo
Median Household Income$67,177
Property Tax Rate0.9%

Population (market size)46,289

Market Context

Median Home Value$398,400
Homeownership Rate42.3%
Median Rent$1,357/mo

CountyCharlottesville city

About Charlottesville city, Virginia

Charlottesville city in Virginia has a population of 46,289 and a median household income of $67,177. 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.

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Other Counties in Virginia

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.