Starting a Business in Colonial Heights city, VA

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

Avg Startup Cost

$54,162

Monthly Overhead

$1,685

Est. Break-Even

30 mo

Runway

32 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,685/mo
Median Household Income$72,216
Property Tax Rate1.0%

Population (market size)18,158

Market Context

Median Home Value$221,400
Homeownership Rate66.4%
Median Rent$1,123/mo

CountyColonial Heights city

About Colonial Heights city, Virginia

Colonial Heights city in Virginia has a population of 18,158 and a median household income of $72,216. 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 Colonial Heights city

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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.