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Billings, Montana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
119,434
Population
$73,712
Median Income
$343,400
Home Value
38.8
Median Age

Demographics

Billings has a population of 119,434 with a median age of 38.8. Here is the racial and ethnic breakdown of the population:

White
84.8%
Hispanic
7.4%
Other
6.2%
Asian
0.9%
Black
0.7%
Demographic Value
Total Population119,434
Median Age38.8
White84.8%
Black or African American0.7%
Asian0.9%
Hispanic or Latino7.4%
Other / Two or More Races6.2%
Billings, Montana — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 84.8%Hispanic/Latino: 7.4%Other: 6.2%Other: 1.6%119,434PopulationWhiteWhite84.8%Hispanic/LatinoHispanic/Latino7.4%OtherOther6.2%OtherOther1.6%

Income & Economy

The median household income in Billings is $73,712, which is 8.6% below the national median of $80,610. The per capita income is $43,934. The poverty rate is 9.8%.

$73,712
Median Household Income
$43,934
Per Capita Income
9.8%
Poverty Rate

Employment

The unemployment rate in Billings is 2.8%, compared to the national rate of 4.1%.

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Education

In Billings, 95.5% of residents age 25+ have a high school diploma or higher, and 36.9% hold a bachelor's degree or higher (11.6% with a graduate or professional degree).

HS Diploma+
95.5%
Bachelor's+
36.9%
Graduate+
11.6%
Education Level % of Adults (25+)
High School Diploma or Higher95.5%
Bachelor's Degree or Higher36.9%
Graduate or Professional Degree11.6%

Housing

The median home value in Billings is $343,400, above the national median of $303,400. The median monthly rent is $1,138. The homeownership rate is 64.8%.

$343,400
Median Home Value
$1,138/mo
Median Rent
64.8%
Homeownership Rate
Housing Metric Value
Median Home Value$343,400
Median Monthly Rent$1,138
Homeownership Rate64.8%
Vacancy Rate6.2%

Salaries in Montana

Explore salary data for popular occupations in Montana:

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Other Cities in Montana

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Frequently Asked Questions

What is the population of Billings, Montana?
The population of Billings, Montana is 119,434 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Billings, Montana?
The median household income in Billings, Montana is $73,712. This is 8.6% below the national median of $80,610.
What is the median home value in Billings, Montana?
The median home value in Billings, Montana is $343,400. The median monthly rent is $1,138.
What percentage of people in Billings have a college degree?
In Billings, Montana, 36.9% of adults age 25 and older hold a bachelor's degree or higher, and 95.5% have a high school diploma or higher.
Is Billings, Montana an affordable place to live?
The home price-to-income ratio in Billings, Montana is 4.7x (median home value $343,400 vs. median income $73,712), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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