Burntside and Northern Ely Country, Tofte Airbnb revenue and occupancy data

What Airbnb listings in Burntside and Northern Ely Country earn, how often they're booked, and how that compares with the rest of Tofte, MN.

Parker Place

Editorial direction

Parker Place

Co-founder & CTO, BNBCalc

Over the past 12 months, regularly available listings in Burntside and Northern Ely Country earned $36,270 on average, were booked for 49% of the nights they were open, and averaged $405 a night. The median gross yield, before expenses, is 14.5%.

Yearly revenue

$36,270

Occupancy

49%

Nightly rate

$405

Gross yield

14.5%

before expenses

Median of 27 listings

Active listings

29

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My take on Burntside and Northern Ely Country

Burntside and Northern Ely Country has lower average trailing-year revenue than the wider Tofte, MN market, but a slightly higher median potential gross yield. Revenue averaged $36,270, compared with $40,585 across the market. Median potential gross yield was 14.5%, versus 13.7%.

Those figures answer different questions: revenue describes past bookings, while yield uses revenue potential and matched home values. The yield is before expenses, financing and taxes, so it is not a net return. Purchase price and comparable listings still matter for an individual property.

Commentary uses groups of at least 20 listings. Tables may include smaller groups.

How much do Airbnb hosts make in Burntside and Northern Ely Country?

Regularly available Airbnb listings in Burntside and Northern Ely Country earned an average of $36,270 over the past 12 months. That is 11% less than the Tofte, MN average of $40,585. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.

What is the Airbnb occupancy rate in Burntside and Northern Ely Country?

Listings in Burntside and Northern Ely Country were booked for an average of 49% of the nights they were open for booking over the past 12 months. That is 5 points lower than the Tofte, MN average of 54%. Nights a host blocked off don't count.

How much does an Airbnb cost per night in Burntside and Northern Ely Country?

The average nightly rate in Burntside and Northern Ely Country was $405 over the past 12 months, including cleaning fees. That is 3% lower than the Tofte, MN average of $419.

Is an Airbnb in Burntside and Northern Ely Country profitable?

For homes with a matched home value, the median room-revenue potential in Burntside and Northern Ely Country is $40,976 a year and the median gross yield is 14.5%. Gross yield is 0.8 points higher than the Tofte, MN 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.

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How much do Airbnb hosts make in Burntside and Northern Ely Country by bedroom count?

The table shows average yearly revenue and median gross yield for each home size, with the Tofte, MN figure for the same size under each one.

Average yearly revenue and median gross yield by bedroom count in Burntside and Northern Ely Country, with Tofte, MN figures
BedroomsYearly revenueGross yield
2 bedrooms

12 listings

$28,410

Tofte, MN: $33,600

11.8%

Tofte, MN: 12.0%

3 bedrooms

5 listings

$44,680

Tofte, MN: $48,715

18.5%

Tofte, MN: 15.9%

4+ bedrooms

7 listings

$47,572

Tofte, MN: $58,639

15.7%

Tofte, MN: 16.9%

How does Burntside and Northern Ely Country compare with nearby areas?

Every row uses the same method and data date. Nearby areas link to their own pages.

Average yearly revenue, occupancy and nightly rate, and median gross yield, in Burntside and Northern Ely Country, the Tofte, MN market and nearby areas
AreaYearly revenueOccupancyNightly rateGross yield
Burntside and Northern Ely Country

This area

29 listings

$36,27049%$40514.5%
Tofte, MN market

796 listings

$40,58554%$41913.7%
Ely Town

44 listings

$26,48144%$2818.0%
Tower, Soudan and Eastern Vermilion Country

35 listings

$28,29347%$37110.4%
Two Harbors Coast and Inland Country

54 listings

$40,29852%$41219.9%
Gunflint Trail Lake Country

42 listings

$41,75562%$41113.3%

Where is Burntside and Northern Ely Country?

The Tofte, MN market includes 16 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 (29 in Burntside and Northern Ely Country). 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 Tofte, MN market page?

The market page summarizes all of Tofte, MN 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 Burntside and Northern Ely Country

With BNBCalc Markets, compare Burntside and Northern Ely Country by bedroom count and performance level, see home prices, and browse its listings on the map.

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