Cadillac and Mitchell Lakes Country, Traverse City Airbnb revenue and occupancy data
What Airbnb listings in Cadillac and Mitchell Lakes Country earn, how often they're booked, and how that compares with the rest of Traverse City, MI.
Over the past 12 months, regularly available listings in Cadillac and Mitchell Lakes Country earned $30,870 on average, were booked for 47% of the nights they were open, and averaged $326 a night. The median gross yield, before expenses, is 13.0%.
Yearly revenue
$30,870
Occupancy
47%
Nightly rate
$326
Gross yield
13.0%
before expenses
Median of 47 listings
Active listings
48
My take on Cadillac and Mitchell Lakes Country
Cadillac and Mitchell Lakes Country averaged $30,870 in trailing-year booking revenue, close to the Traverse City, MI average of $32,039. Its lower median annual room-revenue potential does not come with a large gross-yield shortfall: median potential gross yield is 13.0%, versus 13.2% for the wider market. Yield relates potential revenue to matched home values, rather than comparing revenue alone. It is before expenses, financing and taxes, and comes from a separate sample from the trailing-year revenue average.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Cadillac and Mitchell Lakes Country?
Regularly available Airbnb listings in Cadillac and Mitchell Lakes Country earned an average of $30,870 over the past 12 months. That is 4% less than the Traverse City, MI average of $32,039. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Cadillac and Mitchell Lakes Country?
Listings in Cadillac and Mitchell Lakes Country were booked for an average of 47% of the nights they were open for booking over the past 12 months. That is 2 points lower than the Traverse City, MI average of 49%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Cadillac and Mitchell Lakes Country?
The average nightly rate in Cadillac and Mitchell Lakes Country was $326 over the past 12 months, including cleaning fees. That is 15% lower than the Traverse City, MI average of $384.
Is an Airbnb in Cadillac and Mitchell Lakes Country profitable?
For homes with a matched home value, the median room-revenue potential in Cadillac and Mitchell Lakes Country is $34,756 a year and the median gross yield is 13.0%. Gross yield is 0.2 points lower than the Traverse City, 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 Cadillac and Mitchell Lakes Country by bedroom count?
The table shows average yearly revenue and median gross yield for each home size, with the Traverse City, MI figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 2 bedrooms 14 listings | $18,616 Traverse City, MI: $27,047 | 12.2% Traverse City, MI: 13.5% |
| 3 bedrooms 17 listings | $26,483 Traverse City, MI: $34,386 | 11.9% Traverse City, MI: 13.3% |
| 4+ bedrooms 16 listings | $46,731 Traverse City, MI: $50,486 | 15.9% Traverse City, MI: 12.2% |
How does Cadillac and Mitchell Lakes Country 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 |
|---|---|---|---|---|
| Cadillac and Mitchell Lakes Country This area 48 listings | $30,870 | 47% | $326 | 13.0% |
| Traverse City, MI market 3,384 listings | $32,039 | 49% | $384 | 13.2% |
| Northern and Eastern Lake County 61 listings | $25,705 | 48% | $276 | 13.3% |
| Lake City and Missaukee Country 31 listings | $21,665 | 45% | $277 | 13.6% |
| Osceola Country 75 listings | $34,532 | 52% | $303 | 23.4% |
| Fife Lake and South Boardman Country 103 listings | $30,949 | 50% | $343 | 13.6% |
Where is Cadillac and Mitchell Lakes Country?
The Traverse City, MI market includes 45 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 (48 in Cadillac and Mitchell Lakes 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 3, 2026 and refresh monthly.
Why are these figures different from the Traverse City, MI market page?
The market page summarizes all of Traverse City, 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 Cadillac and Mitchell Lakes Country
With BNBCalc Markets, compare Cadillac and Mitchell Lakes Country by bedroom count and performance level, see home prices, and browse its listings on the map.