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In some cities, Airbnb listings make greater than the common weekly wage — in a single evening.
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 price per evening of a short-term Airbnb rental and located the ten high cities the place renting out an Airbnb might earn a bunch 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 evening is spectacular, to not point out, an especially handy option to earn further earnings – it is a lot simpler than time-consuming second jobs or aspect hustles," Michael Dinich, founding father of Wealth of Geeks acknowledged.
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 around the globe, from the home within the film "Up" to Prince's "Purple Rain" residence.
Airbnb additionally lately launched new tools for hosts, like group messaging.
Associated: Airbnb's New 'Icons' Cost Less Than $100 Per Night, Including the House from 'Up' and Prince's 'Purple Rain'
Listed below are probably the most worthwhile cities within the U.S. for Airbnb hosts, primarily based on Airbnb earnings as a share of the common weekly wage.
1. Scottsdale, Arizona
Common weekly wage: $804
Common Airbnb price per evening: $449
Airbnb earnings as a share of the common weekly wage: 55.9%
2. (tied) Tempe, Arizona
Common weekly wage: $804
Common Airbnb price per evening: $402
Airbnb earnings as a share of the common weekly wage: 50%
2. (tied) Charlestown, South Carolina
Common weekly wage: $690
Common Airbnb price per evening: $345
Airbnb earnings as a share of the common weekly wage: 50%
3. Phoenix, Arizona
Common weekly wage: $804
Common Airbnb price per evening: $385
Airbnb earnings as a share of the common weekly wage: 47.9%
4. Las Vegas, Nevada
Common weekly wage: $724
Common Airbnb price per evening: $312
Airbnb earnings as a share of the common weekly wage: 43.1%
5. Glendale, Arizona
Common weekly wage: $804
Common Airbnb price per evening: $344
Airbnb earnings as a share of the common weekly wage: 42.8%
6. Gilbert, Arizona
Common weekly wage: $804
Common Airbnb price per evening: $329
Airbnb earnings as a share of the common weekly wage: 40.9%
7. Chandler, Arizona
Common weekly wage: $804
Common Airbnb price per evening: $322
Airbnb earnings as a share of the common weekly wage: 40%
8. Virginia Seashore, Virginia
Common weekly wage: $857
Common Airbnb price per evening: $332
Airbnb earnings as a share of the common weekly wage: 38.7%
9. North Charleston, South Carolina
Common weekly wage: $690
Common Airbnb price per evening: $254
Airbnb earnings as a share of the common weekly wage: 36.7%
10. Mesa, Arizona
Common weekly wage: $804
Common Airbnb price per evening: $292
Airbnb earnings as a share of the common weekly wage: 36.3%
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