Starting a Business in Fredericksburg city, VA

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

Avg Startup Cost

$62,584

Monthly Overhead

$2,193

Est. Break-Even

30 mo

Runway

29 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$2,193/mo
Median Household Income$83,445
Property Tax Rate0.6%

Population (market size)28,258

Market Context

Median Home Value$438,400
Homeownership Rate38.5%
Median Rent$1,462/mo

CountyFredericksburg city

About Fredericksburg city, Virginia

Fredericksburg city in Virginia has a population of 28,258 and a median household income of $83,445. 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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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.