IF A COUNTY LOST IT’S POPULATION ONLY TWICE SINCE 1850, HOW VALUABLE IS THAT FOR AN INVESTMENT/BUSINESS BASIS?

Cities and counties have been losing it’s populations for decades that might raise questions as to the viability of establishing your business operations there. How valuable or important would it be to invest, start a new business or relocate your business in a county where they had lost minimal populations only twice over a specific decade since 1850 a period of 167 years?
In Selling Property - Asked by ken r. - Sep 19, 2017
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Tommy W.
Appraiser
Jacksonville, FL

Ken,
Can you be a little more specific? How valuable or important would it be to the business owner? It really depends. There are counties that suffer from population loss every year; however, for certain businesses it still makes a ton of sense for them to do business there (think pawn shops, convenience stores, dollar stores, hardware stores, etc.).

Sep 19, 2017
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