In some cities, Airbnb listings make greater than the common weekly wage — in a single night time.
Utilizing knowledge from Airbnb and the U.S. Bureau of Labor Statistics, the monetary web site Wealth of Geeks in contrast common weekly wage knowledge to the common value per night time of a short-term Airbnb rental and located the ten high cities the place renting out an Airbnb may earn a number probably the most — and in some instances, greater than half the wage they’d have made in every week.
“The power for residents to earn over half their weekly wage from renting out a property for a single night time is spectacular, to not point out, a particularly handy method to earn further revenue – it is a lot simpler than time-consuming second jobs or facet hustles,” Michael Dinich, founding father of Wealth of Geeks said.
Arizona has seven spots within the high 10, together with No. 1 and No. 2.
Airbnb, in the meantime, has lately up to date its platform with extra experiences for company and launched the choice to remain at “Icons” homes all over the world, from the home within the film “Up” to Prince’s “Purple Rain” residence.
Airbnb additionally lately launched new instruments for hosts, like group messaging.
Listed below are probably the most worthwhile cities within the U.S. for Airbnb hosts, primarily based on Airbnb revenue as a share of the common weekly wage.
1. Scottsdale, Arizona
Common weekly wage: $804
Common Airbnb value per night time: $449
Airbnb revenue as a share of the common weekly wage: 55.9%
2. (tied) Tempe, Arizona
Common weekly wage: $804
Common Airbnb value per night time: $402
Airbnb revenue as a share of the common weekly wage: 50%
2. (tied) Charlestown, South Carolina
Common weekly wage: $690
Common Airbnb value per night time: $345
Airbnb revenue as a share of the common weekly wage: 50%
3. Phoenix, Arizona
Common weekly wage: $804
Common Airbnb value per night time: $385
Airbnb revenue as a share of the common weekly wage: 47.9%
4. Las Vegas, Nevada
Common weekly wage: $724
Common Airbnb value per night time: $312
Airbnb revenue as a share of the common weekly wage: 43.1%
5. Glendale, Arizona
Common weekly wage: $804
Common Airbnb value per night time: $344
Airbnb revenue as a share of the common weekly wage: 42.8%
6. Gilbert, Arizona
Common weekly wage: $804
Common Airbnb value per night time: $329
Airbnb revenue as a share of the common weekly wage: 40.9%
7. Chandler, Arizona
Common weekly wage: $804
Common Airbnb value per night time: $322
Airbnb revenue as a share of the common weekly wage: 40%
8. Virginia Seaside, Virginia
Common weekly wage: $857
Common Airbnb value per night time: $332
Airbnb revenue as a share of the common weekly wage: 38.7%
9. North Charleston, South Carolina
Common weekly wage: $690
Common Airbnb value per night time: $254
Airbnb revenue as a share of the common weekly wage: 36.7%
10. Mesa, Arizona
Common weekly wage: $804
Common Airbnb value per night time: $292
Airbnb revenue as a share of the common weekly wage: 36.3%
