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ZipNumbers

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

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