Starting a Business in Floyd County, VA
What does it cost to start a business in Floyd County? Here are the numbers.
Avg Startup Cost
$42,860
Monthly Overhead
$1,214
Est. Break-Even
30 mo
Runway
35 mo
Local Business Economics
Cost Factors
Commercial Rent (est.)$1,214/mo
Median Household Income$57,146
Property Tax Rate0.5%
Population (market size)15,532
Market Context
Median Home Value$205,400
Homeownership Rate86.3%
Median Rent$809/mo
CountyFloyd County
About Floyd County, Virginia
Floyd County in Virginia has a population of 15,532 and a median household income of $57,146. 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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