Starting a Business in Wise County, VA

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

Avg Startup Cost

$35,656

Monthly Overhead

$1,073

Est. Break-Even

30 mo

Runway

33 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,073/mo
Median Household Income$47,541
Property Tax Rate0.6%

Population (market size)36,105

Market Context

Median Home Value$108,000
Homeownership Rate70.3%
Median Rent$715/mo

CountyWise County

About Wise County, Virginia

Wise County in Virginia has a population of 36,105 and a median household income of $47,541. The moderate population offers opportunities for niche businesses with less competition.

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 Wise 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.