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Billings, Montana Demographics & Population 2026

Largest CityThe most populous city in Montana

During the 2020–2024 ACS period, Billings, Montana had a total population of 119,434, the 1st largest city in Montana, with a median household income of $73,712, which is 2% higher than the state average. The poverty rate is 9.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Billings Quick Facts

Population 119,434
Median Household Income $73,712
Median Home Value $343,400
Poverty Rate 9.8%
Unemployment Rate 3.5%
Median Age 38.8 years
Homeownership Rate 64.8%
Affordability Ratio 4.7x
Bachelor's Degree or Higher 36.9%
High School Graduation Rate 95.5%
Diversity Index 31/100
Population 119,434 1st of 475
Median Income $73,712 above average
Poverty Rate 9.8% 21% lower than national
Median Home Value $343,400 above average

How Billings Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population118,321119,434+0.9%
Median household income$71,855$73,712+2.6%
Median home value$311,800$343,400+10.1%

How Billings Compares

Economy & Housing

Household Income Distribution

Under $25K 14.0%
$25K-$50K 19.6%
$50K-$100K 30.5%
$100K+ 35.9%
Detailed income brackets
Under $10K
3.5%
$10K-$15K
3.5%
$15K-$20K
3.3%
$20K-$25K
3.7%
$25K-$30K
3.1%
$30K-$35K
4.3%
$35K-$40K
3.7%
$40K-$45K
4.5%
$45K-$50K
4.1%
$50K-$60K
6.3%
$60K-$75K
10.9%
$75K-$100K
13.3%
$100K-$125K
10.3%
$125K-$150K
7.9%
$150K-$200K
8.3%
$200K+
9.4%

Employment

3.5% Unemployment Rate State: 3.6%|National: 5.2%
66.0% Labor Force Participation

Housing Overview

Owner 64.8%
Renter 35.2%
Affordability Index Moderate
4.7x home value to income ratio
Median gross rent $1,138/mo 18.5% of median household income annually

People & Demographics

Diversity Index

31out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 29 | National average: 61

Education

Billings Rankings in Montana

#1 Population of 475
#118 Median Income of 341
#100 Education of 473
#113 Home Value of 320

Other Cities in Yellowstone County

CityPopulationMedian IncomePovertyHome Value
Laurel 7,215 $68,474 10.0% $235,100
Lockwood 7,181 $75,700 10.7% $235,400
Huntley 455 $94,821 0.0% $233,600
Worden 416 N/A 3.1% N/A
Shepherd 353 $80,125 4.8% $114,400
Ballantine 262 N/A 0.0% $284,000
Custer 199 $82,500 20.1% $137,500
Broadview 175 $78,438 8.0% $165,600
Acton 87 $36,042 40.2% N/A
Nibbe 62 N/A 24.2% N/A

Cities Similar to Billings

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Missoula76,514$70,392$473,10053.0%11.8%
Great Falls60,329$63,373$257,00027.8%14.5%
Bozeman56,114$85,747$687,90065.1%13.7%
Helena33,639$71,036$387,30050.6%8.8%
Butte-Silver Bow35,052$61,857$257,80028.1%14.8%

Population Overview

Billings is a major urban center located in Montana, within Yellowstone County. The total population is 119,434. It ranks as the 1st most populous out of 475 Census-designated places in Montana.

Age Demographics

The median age in Billings is 38.8 years. This is 4% lower than the state median of 40.4 years.

Economy, Income & Housing

The median household income in Billings is $73,712. This is 2% higher than the state median of $72,509. It is also 9% lower than the national median of $80,734. The poverty rate stands at 9.8%. This is 14% lower than the state poverty rate of 11.5%. The unemployment rate is 3.5%. This is 3% lower than the state rate of 3.6%. The median home value is $343,400. Housing costs are 9% lower than the state median of $375,800. The home-value-to-income ratio is 4.7x. 64.8% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 69.2%.

Race & Ethnicity

The largest racial or ethnic group in Billings is White (non-Hispanic), making up 82.5% of the population. Hispanic or Latino residents account for 7.4%. The Hispanic or Latino population is significantly higher than the state average (7.4% vs 4.6%).

Education

36.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% higher than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.5%.

Data Sources & Methodology

All demographic data for Billings, Montana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 475 Census-designated places in Montana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Montana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Billings, Montana?

Billings, Montana has a population of 119,434 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Billings, MT?

The median household income in Billings is $73,712, which is 9% lower than the national median of $80,734.

What is the poverty rate in Billings, MT?

The poverty rate in Billings is 9.8%. This means approximately 11,443 residents live below the federal poverty line.

What is the racial makeup of Billings, Montana?

Billings's population is 82.5% White, 0.4% Black, 7.4% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Billings, MT?

The median home value in Billings is $343,400. The home-value-to-income ratio is 4.7x.

How educated is Billings, Montana?

36.9% of adults (25+) in Billings hold a bachelor's degree or higher, and 11.6% hold a graduate or professional degree.