Starting a Business in Patrick County, VA

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

Avg Startup Cost

$36,885

Monthly Overhead

$1,002

Est. Break-Even

30 mo

Runway

37 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,002/mo
Median Household Income$49,180
Property Tax Rate0.6%

Population (market size)17,660

Market Context

Median Home Value$137,200
Homeownership Rate78.9%
Median Rent$668/mo

CountyPatrick County

About Patrick County, Virginia

Patrick County in Virginia has a population of 17,660 and a median household income of $49,180. 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 Patrick County

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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.