Mercer and Southern Iron County Lakes, Bessemer Airbnb revenue and occupancy data
What Airbnb listings in Mercer and Southern Iron County Lakes earn, how often they're booked, and how that compares with the rest of Bessemer, MI.
Over the past 12 months, regularly available listings in Mercer and Southern Iron County Lakes earned $24,654 on average, were booked for 46% of the nights they were open, and averaged $315 a night. The median gross yield, before expenses, is 10.7%.
Yearly revenue
$24,654
Occupancy
46%
Nightly rate
$315
Gross yield
10.7%
before expenses
Median of 26 listings
Active listings
33
My take on Mercer and Southern Iron County Lakes
Mercer and Southern Iron County Lakes is almost level with the wider Bessemer, MI market on average trailing-year booking revenue: $24,654 versus $24,767. Its average nightly rate is higher, at $315 compared with $277, while occupancy is slightly lower. Higher nightly prices do not justify a higher annual revenue forecast on their own. If a property's forecast uses the area's higher rate, comparable listings still need to support its expected booked share of available nights.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Mercer and Southern Iron County Lakes?
Regularly available Airbnb listings in Mercer and Southern Iron County Lakes earned an average of $24,654 over the past 12 months. That is about the same as the Bessemer, MI average of $24,767. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Mercer and Southern Iron County Lakes?
Listings in Mercer and Southern Iron County Lakes were booked for an average of 46% of the nights they were open for booking over the past 12 months. That is 2 points lower than the Bessemer, MI average of 48%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Mercer and Southern Iron County Lakes?
The average nightly rate in Mercer and Southern Iron County Lakes was $315 over the past 12 months, including cleaning fees. That is 14% higher than the Bessemer, MI average of $277.
Is an Airbnb in Mercer and Southern Iron County Lakes profitable?
For homes with a matched home value, the median room-revenue potential in Mercer and Southern Iron County Lakes is $39,809 a year and the median gross yield is 10.7%. Gross yield is 9.8 points lower than the Bessemer, MI median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityHow much do Airbnb hosts make in Mercer and Southern Iron County Lakes by bedroom count?
The table shows average yearly revenue and median gross yield for each home size, with the Bessemer, MI figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 2 bedrooms 15 listings | $23,171 Bessemer, MI: $22,374 | 10.8% Bessemer, MI: 17.3% |
| 3 bedrooms 12 listings | $25,826 Bessemer, MI: $25,826 | 10.4% Bessemer, MI: 21.8% |
| 4+ bedrooms 6 listings | $26,020 Bessemer, MI: $33,280 | Not enough data Bessemer, MI: 23.4% |
How does Mercer and Southern Iron County Lakes compare with nearby areas?
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Mercer and Southern Iron County Lakes This area 33 listings | $24,654 | 46% | $315 | 10.7% |
| Bessemer, MI market 915 listings | $24,767 | 48% | $277 | 20.5% |
| Ironwood and Bessemer Country 204 listings | $23,533 | 46% | $244 | 24.4% |
| Copper Harbor and Northern Keweenaw 67 listings | $32,029 | 55% | $376 | 14.5% |
Where is Mercer and Southern Iron County Lakes?
The Bessemer, MI market includes 8 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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About these figures
How is yearly revenue measured?
It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
How is occupancy measured?
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
How is the nightly rate measured?
It is the average price per booked night over the past 12 months, including cleaning fees.
What is room-revenue potential?
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
What is gross yield?
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Which listings are included?
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (33 in Mercer and Southern Iron County Lakes). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
How current is this data?
Figures are current as of November 2, 2026 and refresh monthly.
Why are these figures different from the Bessemer, MI market page?
The market page summarizes all of Bessemer, MI from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
What can't these figures tell me?
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
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Go deeper on Mercer and Southern Iron County Lakes
With BNBCalc Markets, compare Mercer and Southern Iron County Lakes by bedroom count and performance level, see home prices, and browse its listings on the map.