The Surprising Reason Why Airbnb Hosts are Back in the Classroom This Fall
School teachers are five times more likely than other full-time employees to have another gig. In fact, 16% of America’s public school teachers are working second jobs or side hustles outside of the school environment. And for educators under 30, that number jumps to as much as 26%.
A Teacher’s Salary Doesn’t Cut It Anymore in America
Despite being among America’s most educated workers, teachers earn, on average, far less than others with similar degrees. Add in rising housing costs and a 5 percent inflationary increase in the price of goods, and a teacher’s stagnant salary is not keeping pace with the current cost of living in the United States.
To help make ends meet, teachers are turning to hosting on Airbnb as an option to help supplement their income during summer months and beyond.
Your Next Airbnb Host Might Be a Teacher
This summer more than 16,000 of teachers across American checked travelers into their summer getaways. Educators are increasingly turning to Airbnb as a side hustle, with a 10% increase in teacher hosts joining the platform in the past year.
What States Have the Most Airbnb Hosts Who Are Also Teachers?
Kansas, Washington, D.C., Illinois, Massachusetts, New York, Vermont, Maryland, Louisiana, Oregon, and New Mexico have the highest percentages of teacher hosts.
Hear From One Of Them In Their Own Words
One such educator is Nashville, Tennessee’s Lori Madden, now one of Airbnb’s top teacher hosts, who says it was one of her best decisions. “I immediately had steady extra income, as well as the company of others in my home,” shares Madden. “As a teacher, many of us have some sort of side hustle, and I’m grateful to say Airbnb is mine. It’s been a tremendous blessing to me in a multitude of ways.”
A Teacher’s Paycheck Doesn’t Keep Up With Inflation
According to a report from The Economic Policy Institute, for over 25 years, the average weekly wages of teachers have been relatively flat when adjusted for inflation. Since 1996, weekly pay for teachers has increased by only $29, while other college graduates’ salary has increased by $445 per week over that same time period.
Teachers’ Earnings Are Growing; On Airbnb, That Is
Teachers’ earnings on Airbnb, though, grow yearly. Last year, U.S. hosts who self-identified as teachers collectively earned more than $330 million renting their properties on Airbnb, an increase of nearly 20% from the previous year. During the summer months, one of the highest overall rental periods on the platform, teachers collectively earned $100 million.
It Can Mean Big Bucks
“Hosting on Airbnb has been a lucrative endeavor for my fiancé and I and has allowed us to experience a taste of entrepreneurship through Airbnb’s platform. It has been a pleasure hosting our guests, and we have enjoyed providing them with a safe and comfortable refuge during their travels. We plan to continue hosting on Airbnb to help fund our retirement,” explains Rebecca Williams, an Elementary School ESL Teacher in St. Louis, Missouri.
Saying Aloha To Guests and Increased Income
Over 25% of U.S. teachers on the platform are private room hosts, like Diwa Conner. A Fourth Grade teacher on the Big Island of Hawaii, she has been an Airbnb host for six years. Her one-bedroom suite with its own entrance is filled with fresh Hawaiian flowers from their 1-acre lush property and is only three miles from Hawaii Volcanoes National Park.
“We love living in paradise, but it comes with its challenges. The mortgage is expensive, and bills are high, leaving us with limited funds each month. I turned to hosting on Airbnb to make extra money on the side,” Connor shares. “The additional income has helped us afford our monthly mortgage and save for our family’s winter and summer vacations, allowing us to travel all over the world.”
This Side Hustle Has A Whole Host of Benefits
Airbnb earnings help provide a meaningful boost in income when class is not in session and can help cover household bills, pay for everyday expenses, and fund hobbies outside of the classroom. According to top teacher hosts, this second job brings additional benefits beyond financial ones.
It’s Not Just Young Teachers
“I love meeting folks from everywhere imaginable and providing them with a special place to stay while supplementing my income, caring for my property, and incrementally adding beauty, function, and equity to my favorite destination: Home,” explains Michael Cromie from Portland, Oregon. “Being an Airbnb Host has helped me stay positive, hopeful, and optimistic as a senior citizen,” he says.
It Means an Early Retirement for Some
“The additional income we earn has allowed my husband to retire early, and I’ll be retiring as well in a few months. Providing hospitality to guests and sharing our beautiful and serene property with visitors from around the world brings us so much joy,” adds Carolyn Albright, Elementary School Teacher in Lehighton, Pennsylvania.
It’s Working Not Just For Teachers in Big Destinations
“We love giving people the opportunity to see Iowa differently instead of as just a state to drive through to get to their destination. Guests frequently see wild turkeys, deer, birds, and other wildlife in our backyard,” says Katy Severe, host in Des Moines, Iowa.
Teachers are Being Creative With the Spaces They Have
“When we bought our first home, it had a storage shed in the backyard that was initially modified into a music space. Once Airbnb became more popular, we realized that with a central location in a city like Austin, Airbnb made a lot of sense. We further modified the space and created a studio Airbnb with access to all Austin has to offer,” shares high school teacher Robert Becker.
It’s Funding Vacations Too
“Hosting on Airbnb has had a huge impact on our lives as it has afforded us the opportunity to travel throughout the states much more than we were able to do before, including trips to Disneyworld with our two wonderful children,” he concludes.
The Top-Rated Airbnb in Every State
If you’re looking for a vacation rental, it can be hard to narrow it down with over 660,000 properties across America on Airbnb alone. From modern city apartments to cowboy cottages, dog-friendly escapes, and even a house renovated on the T.V. series Home Town, take a vacation planning shortcut by considering the top-rated Airbnb in every U.S. State.
You’ll be pleasantly surprised that high ratings don’t mean large price tags. Most of these places are around $150 a night, and even a handful are under $100 a night. The property hosts have warmth, thoughtfulness, and attention to detail providing epic vacations for thousands of guests.
The Top-Rated Airbnb in Every State
Want to Become an Airbnb Host in 2023? Here’s How To Make The Most Money
Since Airbnb launched, hosts have earned approximately $60 billion in the United States, with women ranking as the highest-rated hosts. Are you a part of the ‘Great Resignation’ and want to become an entrepreneur? Are you looking to purchase a second home or a full-time rental property but haven’t decided on a location?
Well, Airbnb released a report that outlines exactly when and where becoming a host makes people the most money.
Want to Become an Airbnb Host in 2023? Here’s How To Make Major Money
Take a Look Inside Bobby Berk’s Airbnb Property in California
In the past 12 years, Airbnb hosts have earned $150 billion worldwide, with U.S. hosts earning almost half. And it’s not just the veteran hosts who are making the most of this opportunity.
New U.S. Airbnb listings garnered $1.8 billion in rentals last year, up 34 percent from two years ago. One of the latest hosts to join this income-producing platform is straight from Netflix – design expert and Emmy Award-nominated host of Netflix’s Queer Eye, Bobby Berk.
Take a Look Inside Bobby Berk’s Airbnb Property in California
Over Airbnb Fees and Prices? Book These Top Condo Resort Rooms from Hilton, Westin, Hyatt, Wyndham, Marriot and More
71% of travelers prefer to plan their own accommodations, but with so many resorts and vacation rental options, booking a place for your next trip can be overwhelming. Take a travel planning shortcut by considering the most popular condo resorts of the past year that combine the best of Airbnb and hotels together.
Airbnb Demand is Down and Hotel Suites Are Scarce: The Surprising Resort That’s Booming
The rise of affordable short-term rental vacations in the past 15 years has changed how people travel. They’ve grown accustomed to the space and conveniences of homes or condos and no longer prefer to stay in a traditional single-room hotel unit. However, in 2023, Airbnb’s total rental cost not always more affordable than a hotel room, and travelers increasingly crave the amenities, security, and consistency of resorts.
These changing preferences are driving hotels to update their room offerings. Still, they can’t create suites or connecting rooms fast enough to meet demand. So travelers are turning to surprising resort-type.
Airbnb Demand is Down and Hotel Suites Are Scarce: The Surprising Resort That’s Booming
This article was produced by Media Decision and syndicated by Planner at Heart.
