Montana · Census place 06550
Billings city, MT
Quick answer
Billings city has 118,321 residents, ranking #1 of 497 places in Montana. Median household income is $71,855, the median home is worth $311,800 and median gross rent runs $1,097 a month.
- Population
- 118,321Billings city residents
- Median household income
- $71,855Past 12 months, inflation adjusted
- Median home value
- $311,800Owner-occupied units
- Median gross rent
- $1,097Rent plus utilities, monthly
- Median age
- 38.1 yrsAll residents
- Homeownership rate
- 64.8%Owner-occupied households
What the numbers mean in Billings city
Housing cost measured against local earnings.
A household earning the Billings city median would spend about 18.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.6% of residents and 64.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Montana.
- Missoula city 75,600
- Great Falls city 60,412
- Bozeman city 55,042
- Butte-Silver Bow (balance) 34,929
Keep going
More Montana coverage.