Billings has a population of 117,093 with a median age of 37.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 117,093 |
| Median Age | 37.7 |
| White | 86.9% |
| Black or African American | 1.0% |
| Asian | 0.9% |
| Hispanic or Latino | 7.1% |
| Other / Two or More Races | 4.1% |
The median household income in Billings is $69,692, which is 7.3% below the national median of $75,149. The per capita income is $40,679. The poverty rate is 11.1%.
The unemployment rate in Billings is 3.6%, compared to the national rate of 5.4%.
In Billings, 95.7% of residents age 25+ have a high school diploma or higher, and 37.2% hold a bachelor's degree or higher (11.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.7% |
| Bachelor's Degree or Higher | 37.2% |
| Graduate or Professional Degree | 11.7% |
The median home value in Billings is $285,300, above the national median of $281,900. The median monthly rent is $1,064. The homeownership rate is 64.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $285,300 |
| Median Monthly Rent | $1,064 |
| Homeownership Rate | 64.8% |
| Vacancy Rate | 6.6% |
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