How much do restaurants make in Wake County? (2023 data)
There are 1,021 restaurants in Wake County, North Carolina. The average one runs 24.2 employees on $649,664 of annual payroll, which implies about $2,030,200 a year in revenue ($169,183/month) — and means a typical restaurant there can sustain roughly $16,918 a month in rent.
Source: US Census County Business Patterns 2023, NAICS 722511 ·
Wake County, North Carolina
Figures marked measured come straight from Census.
Revenue applies a 32% labour-cost ratio and rent a 10% ceiling —
both stated so you can disagree and redo the maths.
Is this market growing?
Restaurants in Wake County went from 896 in 2019 to 1,021 in 2023 (+14.0%).
Direction: growing — an official annual count, not an estimate.
Questions people ask
How many restaurants are there in Wake County?
US Census County Business Patterns recorded 1,021 restaurants with paid employees in Wake County, North Carolina in 2023.
How much revenue does a restaurant in Wake County make?
About $2,030,200 a year, or $169,183 a month. That is derived from $649,664 of average annual payroll and a 32% labour-cost ratio typical of this industry — it is an informed benchmark, not measured revenue.
How much rent can a restaurant in Wake County afford?
Around $16,918 a month. Industry practice keeps rent at or below 10% of revenue for this business type; above about 15% the failure rate climbs sharply.
How many people does a restaurant in Wake County employ?
24.2 on average, across 24,672 people employed by restaurants in the county.
Is the restaurant market in Wake County growing?
Restaurants in Wake County went from 896 in 2019 to 1,021 in 2023 (+14.0%).