Madeline Farber

<p>With 41,373 active <a href="https://fortune.com/company/airbnb/" target="_blank">Airbnb</a> listings in New York City alone, many New Yorkers have garnered a nice chunk of change through the home-sharing service over this last year.</p><div class="paywall-selector"></div><div class="paywall">
<p>According to data released by Airbnb, hosts in New York City earned $5,474 on average from the service. The company tracked the median earnings of Airbnb hosts from June 205 to June 2016.</p>
<p>The company describes the median income as an &#8220;economic life preserver for many hosts who are struggling to live in an increasingly expensive city.&#8221;</p>
<p>The median income differs in each neighborhood, with Midtown Manhattan hosts raking in the most at $8,286. &#8220;Other Manhattan&#8221; came in second at $6,273, followed by Staten Island at $5,501.</p>
<p>This new data comes after a report commissioned by advocates for affordable housing was released. The report, titled <a href="http://www.mfy.org/wp-content/uploads/Shortchanging-NYC.pdf">&#8220;Short Changing New York City,&#8221;</a> stated that rental rates are rising in areas where Airbnb is most popular.</p>
<div class="vodvideocontainer" style="position: relative; padding-bottom: 56.25%;"><iframe src="//fortune.com/videos/embed/6e8aa188-0ee8-4d93-b2ff-b63cb5af8889" style="position: absolute; top: 0; left: 0; width: 100%; height: 100%; overflow: hidden;" scrolling="no" frameborder="0" allowfullscreen></iframe></div>
<p>&nbsp;</p>
<p>What appears to be in response to claims made in that study, Airbnb removed 1,585 listings in Manhattan, 464 in Brooklyn, and 126 in Queens, as well as releasing its &#8220;One Host- One Home&#8221; report, which stated that that Airbnb has taken down 2,233 listings in the last year that came from hosts listing multiple homes that &#8220;could impact long term housing availability.&#8221;</p>
<p>The company also reported that 96% of of Airbnb hosts who share an entire home have only one entire home listing.</p>
<p>&#8220;We are concerned about hosts who may offer space that could otherwise have been on the longterm rental housing market in New York City. We regularly review hosts with more than one entire home listing. Some of these listings would not otherwise be on the longterm rental market and are appropriate for our community, such as independent bed and breakfasts that advertise on our platform. If we find listings that do not reflect our vision for our community, we take action by removing them from our platform,&#8221; the home sharing company said.</p>
<p>This study comes after<a href="https://fortune.com/2016/01/20/airbnb-illegal-hotels-study/"> another report by Penn State University</a> that was funded by the American Hotel &amp; Lodging Association (AH&amp;LA), a trade group that is in direct conflict with Airbnb, came out in January.</p>
<p>After the report found that nearly 30% ($378 million) of Airbnb’s revenue in 12 of the nation’s largest metropolitan statistical areas came from “full-time operators,” with rentals available 360 days a year, it concluded that the home-sharing company was taking shortcuts to get to the top.</p></div>

A study released by Airbnb showed that hosts in New York City earn $5,474 on average from the home-sharing service.

Airbnb Hosts in New York City Earn on Average $5,474

The cityscape of New York City / Manhattan Skyline

legacy

Airbnb

Hosts in Midtown Manhattan rake in the most.

Here's How Much New York City Airbnb Hosts Earn In a Year

Here’s How Much New York City Airbnb Hosts Earn In a Year

Airbnb Hosts in New York City Earn on Average $5,474 | Fortune

Greg McKenna

The DeepSeek logo is displayed on three cell phones in front of a computer screen showing Nvidia CEO Jensen Huang holding Nvidia's latest chip, on January 28, 2025, in Edmonton, Canada

Jensen Huang hails DeepSeek, touts ‘extraordinary’ Blackwell demand after Nvidia crushes earnings—again

/2025/02/26/jensen-huang-hails-deepseek-touts-extraordinary-blackwell-demand-nvidia-stock-earnings-call/

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of the Siliconware Precision Industries Co. (SPIL) Tan Ke Plant in Taichung, Taiwan, on Thursday, Jan. 16, 2025.

Nvidia smashes expectations yet again, posts record $130.5 billion in revenue for the year 

/2025/02/26/nvidia-earnings-call-stock-market-investors-expectations-wall-street/

Steve Zatz

Stop blaming the loneliness epidemic on social media—digital communities help more than they hurt

/2025/02/26/loneliness-epidemic-social-media-digital-health/

Catherine McGrath

Solana hits 5-month low as memecoin traders back off after $LIBRA scandal

/crypto/2025/02/26/solana-dips-memecoin-trading-cools-libra/

John Kell

MassMutual’s CIO says a years-long data overhaul helped prepare the life insurance company for the AI boom

/2025/02/26/massmutual-cio-data-ai/

Sydney Lake

Red Lobster’s 36-year-old CEO started as a Goldman Sachs intern. He reveals 3 bold moves he’s cooking up for the seafood chain’s comeback

/2025/02/26/red-lobster-ceo-started-as-goldman-sachs-intern-3-ways-hes-cooking-up-comeback/

Eleanor Pringle

President Trump says U.S. can pay off $36 trillion debt by selling wealthy immigrants $5 million ‘gold card’ visas and eventual citizenship

https://fortune.com/2025/02/26/trump-gold-card-visa-national-debt-plan/?itm_source=parsely-api

Marco Quiroz-Gutierrez

Berkshire Hathaway paid the biggest tax bill in history last year, and Warren Buffett wants the government to ‘spend it wisely’ on burdened Americans

https://fortune.com/2025/02/25/berkshire-hathaway-taxes-warren-buffett/?itm_source=parsely-api

Jeremy Kahn

The $19.6 billion pivot: How OpenAI's 2-year struggle to launch GPT-5 revealed that its core AI strategy has stopped working

https://fortune.com/2025/02/25/what-happened-gpt-5-openai-orion-pivot-scaling-pre-training-llm-agi-reasoning/?itm_source=parsely-api

Tokyo is turning to a 4-day workweek in a desperate attempt to help Japan shed its unwanted title of 'world’s oldest population'

https://fortune.com/article/tokyo-4-day-workweek-desperate-attempt-japan-shed-title-worlds-oldest-population/?itm_source=parsely-api

Alena Botros

Elon Musk has been entrusted with federal cost-cutting. Meanwhile, his businesses have collected a reported $38 billion in government funds—including millions loaned to Tesla when it was struggling 

https://fortune.com/2025/02/26/elon-musk-companies-billion-government-funding-tesla-spacex-doge/?itm_source=parsely-api

Home Depot exec says Americans may soon embrace sky-high mortgage rates as 'the new normal' and invest in housing anyway

https://fortune.com/2025/02/25/home-depot-high-mortgage-rates-new-normal-housing-richard-mcphail-ted-decker/?itm_source=parsely-api