Everything You Need to Know About the City of Billings Montana

In 2017, Billings, MT had a population of 109k people with a median age of 37 and a median household income of $55,585 dollars. Between 2016 and 2017 the population of Billings, MT declined from 109,089 to 109,082, a -0.00642 percent decrease, and its median household income grew from $52,944 dollars to $55,585 dollars, a 4.99 percent increase.

The population of Billings, Montana is 85.5 percent White Alone, 6.26 percent Hispanic or Latino, and 4.14 percent American Indian & Alaska Native Alone. N/A% of the people in Billings, MT speak a non-English language, and 99 percent are U.S. citizens.

The largest universities in Billings, MT are Montana State University-Billings (902 degrees awarded in 2017), Rocky Mountain College (252 degrees), and Bold Beauty Academy (70 degrees).

The median property value in Billings, MT is $206,100 dollars, and the homeownership rate is 62.9 percent. Most people in Billings, MT commute by Drove Alone, and the average commute time is 16 minutes. The average car ownership in Billings, MT is 2 cars per household.


Education in Billings

In 2017, universities in Billings, MT awarded 1,224 degrees. The student population of Billings, MT is skewed towards women, with 2,096 male students and 3,403 female students.

Most students graduating from Universities in Billings, MT are White (1,029 and 86.8 percent), followed by Hispanic or Latino (49 and 4.13 percent), American Indian or Alaska Native (35 and 2.95 percent), and Unknown (24 and 2.02 percent).

The largest universities in Billings, MT by the number of degrees awarded are Montana State University-Billings (902 and 73.7 percent), Rocky Mountain College (252 and 20.6 percent), and Bold Beauty Academy (70 and 5.72 percent).

The most popular majors in Billings, MT are General Business (145 and 11.8 percent), Elementary Education & Teaching (75 and 6.13 percent), and Health Care Administration & Management (42 and 3.43 percent).

The median tuition costs in Billings, MT are $27,036 dollars for private four-year colleges, and $4,397 dollars and $17,162 dollars respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Billings

The economy of Billings, MT employs 56.2k people, and Billings has an unemployment rate of 3.3 percent. Billings has seen the job market decreased by -0.3 percent over the last year. Future job growth over the next ten years is predicted to be 24.4 percent, which is lower than the US average of 33.5 percent. The largest industries in Billings, MT are Retail Trade (6,994 people), Health Care & Social Assistance (9,973 people), and Accommodation & Food Services (4,957 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($90,556 dollars), Agriculture, Forestry, Fishing & Hunting, & Mining ($66,667 dollars), and Utilities ($58,625 dollars).

Households in Billings, MT have a median annual income of $55,585 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $52,944 dollars in 2016, which represents a 4.99 percent annual growth.


Tax Rates for Billings

– The Sales Tax Rate for Billings is 0.0 percent.

– The Income Tax Rate for Billings is 6.9 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Billings

– The average income of a Billings resident is $28,364 dollars a year. 

– The Median household income of a Billings resident is $49,265 dollars a year.