Living in Billings, Montana
Cost of living, income, home prices, rent and demographics of Billings · Census data 2020–2024
Billings has 119,434 residents with a median age of 38.8. The median household income is $73,712 (about the same as the Montana median), the median home value is $343,400, the median rent is $1,138/month.
Billings at a glance
- Population
- 119,434
- Median age
- 38.8State: 40.4
- Median household income
- $73,712State: $72,509
- Median home value
- $343,400State: $375,800
- Median rent
- $1,138/moState: $1,081
- Homeowners
- 64.8%
- Bachelor's degree or higher
- 36.9%
- Average commute
- 17 min
Is Billings a good place to live?
Pros: Median household income about the same as the Montana median; home values 9% lower than the state median; an average commute of 17 minutes; unemployment of 3.5%; a poverty rate of 9.8%.
The weather is best in June to September.
Cost of living in Billings
Housing is the biggest part of the cost of living. In Billings the median home value is $343,400, 3% higher than the U.S. median. Renters pay a median of $1,138 per month, which is 29.6% of household income. Homeowners with a mortgage pay $1,781 a month in housing costs.
Billings median household income
The median household income in Billings is $73,712 and the income per person is $43,934. 9.8% of residents live below the poverty line (Montana: 11.5%).
Housing in Billings: homes for sale and rent
- Housing units
- 54,346
- Owner-occupied
- 64.8%
- Renter-occupied
- 35.2%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.28
Billings demographics
- Population
- 119,434
- Median age
- 38.8
- Under 18
- 22%
- 65 and older
- 18.8%
- Households
- 50,994
- Foreign-born
- 2.1%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Billings ›
Education in Billings
36.9% of adults 25 and older in Billings have a bachelor's degree or higher (Montana: 35.2%), and 11.6% have a graduate or professional degree.
Jobs and commute in Billings
- Unemployment rate
- 3.5%State: 3.6%
- Average commute
- 17 minState: 19 min
- Work from home
- 8.5%
- Drive alone
- 78%
- Public transit
- 1.1%
- Walk to work
- 2%
- Homes with broadband
- 91.6%
Billings vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Billings | 119,434 | $73,712 | $343,400 | $1,138 |
| Lockwood | 7,181 | $75,700 | $235,400 | $1,138 |
| Laurel | 7,215 | $68,474 | $235,100 | $974 |
| Huntley | 455 | $94,821 | $233,600 | — |
| Shepherd | 353 | $80,125 | $114,400 | — |
| Park City | 764 | $54,637 | $219,500 | $1,256 |
| Montaqua | 145 | $124,250 | $467,700 | — |
| Pryor | 497 | $47,083 | $90,700 | — |
| Broadview | 175 | $78,438 | $165,600 | — |
More for people moving to Billings
Billings ZIP code ›Weather and climate ›Living in Billings: FAQ
What is the median household income in Billings, MT?
The median household income in Billings is $73,712, about the same as the Montana median of $72,509 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Billings?
The median home value in Billings is $343,400, compared with $375,800 in Montana.
How much is rent in Billings?
The median gross rent in Billings is $1,138 per month, about 29.6% of household income.
Is Billings, MT a good place to live?
Pluses: median household income about the same as the Montana median; home values 9% lower than the state median; an average commute of 17 minutes; unemployment of 3.5%; a poverty rate of 9.8%.
What is the median age in Billings?
The median age in Billings is 38.8 years (Montana: 40.4).
How long is the commute in Billings?
The average commute to work in Billings is 17 minutes; 8.5% of workers work from home.
What is the unemployment rate in Billings?
The unemployment rate in Billings is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Billings?
36.9% of adults in Billings have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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