Airbnb helps Montanans amid rising costs of living
Key Takeaways
- In Montana, Airbnb is an important economic tool for residents who share their homes to earn extra money.
Key Takeaways
- In Montana, Airbnb is an important economic tool for residents who share their homes to earn extra money.
In Montana, Airbnb is an important economic tool for residents who share their homes to earn extra money. Home sharing has allowed Montanans to navigate the economic upheaval of the pandemic and keep up with increasing cost of living. The majority of Hosts – approximately 77 percent – share just one home, and by welcoming guests who spend money at small businesses, restaurants and cafes, Hosts across Montana also help support their local economies.
Airbnb Host community in Montana
77%
Approximate percentage of Hosts with one entire home listing
$13,400
Median Host earnings during the 12 month period ending in 10/1/2022
68%
Approximate percentage of Women Hosts as of 10/1/2022
42%
Hosts say hosting allows them to meet the rising cost of living
25%
Approximate percentage of Hosts over the age of 60
33%
Hosts confirm Airbnb has helped them stay in their home
93%
Hosts confirm Airbnb is not their primary occupation
$168M
Approximate total Host earnings for Montana Hosts from 10/1/2021-9/30/2022
Airbnb democratizes revenue
Airbnb currently collects and remits taxes in the State of Montana. As a result of tax collection efforts, total Short-Term Rental Lodging Taxes remitted to the State of Montana during fiscal year 2022 add up to almost $26 million.
Source: Internal Airbnb data or self reported through survey to Airbnb hosts