Starting a Business in Williamsburg city, VA

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

Avg Startup Cost

$50,111

Monthly Overhead

$1,911

Est. Break-Even

30 mo

Runway

26 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,911/mo
Median Household Income$66,815
Property Tax Rate0.6%

Population (market size)15,486

Market Context

Median Home Value$385,600
Homeownership Rate50.9%
Median Rent$1,274/mo

CountyWilliamsburg city

About Williamsburg city, Virginia

Williamsburg city in Virginia has a population of 15,486 and a median household income of $66,815. 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 Williamsburg 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.