Parking Lot Revenue Calculator
Estimate daily and monthly parking lot revenue based on number of spaces, hourly rate, occupancy rate, and operating hours.
Parking Revenue Estimate
Parking Lot Revenue depends on capacity, pricing, and utilization.
Daily Revenue = Spaces × Hourly Rate × Operating Hours × Occupancy Rate
Monthly Revenue = Daily Revenue × Operating Days per Month
Annual Revenue = Monthly Revenue × 12
Key metrics:
- Occupancy Rate: Percentage of spaces filled on average (typical: 60–85%)
- Turnover Rate: How many different cars use one space per day
- Revenue per Space: Monthly income generated per parking spot
Industry benchmarks:
- Urban surface lot: $150–400/space/month
- Suburban lot: $50–150/space/month
- Parking garage: $200–600/space/month