Answered with US Census payroll data for your business type — not an AI guess. Free, no signup.
RENT CEILING: $4,584/month
Based on what the average bar in this county earns, $4,584/month is the most rent this location can carry. Add the asking rent to get a direct verdict. 0 competitors found nearby.
Bar · Lake County, Indiana, United States · generated 2026-08-14 22:34 UTC
The economics
What the average operator here does
Establishments in county measured
93
Employees each measured
8.7
Annual payroll each measured
$165,011
Implied annual revenue assumed ratio
$550,036
Rent this area can carry assumed ratio
$4,584/mo
US Census County Business Patterns 2023, NAICS 722410
Is this category growing here?
Bars held roughly steady from 102 in 2019 to 93 in 2023 (-8.8%).
Direction: stable · US Census County Business Patterns,
an official annual count of establishments.
Who you would be competing with
No competitors of this type found in OpenStreetMap within this radius.
That can mean a genuine gap or thin map coverage — worth checking on foot.
Source: OpenStreetMap tag database (Overpass). Coverage is community-maintained and thinner than Google Maps — treat this as a floor on the
real count, not a census of it.
Who lives here
Tract population
3,439
Median household income
$75,180
Median age
39.2
Households
1,308
US Census ACS 5-Year 2022, tract level
What this report cannot tell you
Revenue is inferred from payroll using a 30% labour-cost assumption (drinking places); it is not measured revenue.
Figures describe the average existing operator in Lake County (2023 data, 93 establishments) — not a specific unit.
Nobody has walked this street. Visibility, the state of the unit, parking, which side of
the road gets the morning sun — all of it decides outcomes and none of it is in this data.
Census business data runs about two years behind. It answers whether this market is
structurally healthy, not what opened last month.