As the largest city in Montana, and the only one to have more than 100,000 people, Billings is home to roughly 109,000 people, with 164,800 living in the metropolitan area. In the past decade, the city and its metropolitan area have experienced significant population growth, spurred on in part by two recent large oil discoveries, the Bakken Shale oil play and the Heath Shale oil play.
The median household income in Billings is $52,014 and has seen recent growth of 1.5 percent. The median home price is $156,400. Forbes gave it a housing affordability score of 229, on a scale where 100 represents affordability to the average family and higher numbers indicate greater affordability. 2013 saw an 18.6 percent increase in home price. The cost of living in Billings is 5.8 percent below the national average.
Billings Job Opportunities
The largest employers for Billings jobs are in the healthcare industry, and the city has a growing medical industry that is bringing in more jobs in Billings. Centers like St. Vincent Healthcare specialize in primary care and offer a wide range of services, from rehab to ENT. Some healthcare workers prefer a small-town practice to a big city. In that case, check out Laurel, MT jobs.
Montana has no sales tax, so Billings is a retail hub for several bordering states like North Dakota and Wyoming. Because of this, Billings does a lot of retail and wholesale business. Retail stores are a great place to search for Billings, MT jobs, from sales clerks to cashiers to managers. Find retail jobs in Billings and start a career with a lot of growth opportunities.
Both the finance and energy industries make up a large part of jobs in Billings, MT. The city has three oil refineries and a coal plant. It's also home to a number of Fortune 500 branches in both energy and finance. Companies like Wells Fargo, General Electric and Exxon/Mobil have Billings corporate branches.
Billings Employment Trends
The unemployment rate in Billings is just 3.6 percent, well below the national average of 5.9 percent as reported by the Bureau of Labor Statistics. Forbes reports that Billings jobs saw 1.6 percent growth in 2013, and is projected to see an annual growth of 2.3 percent. Forbes lists Billings as number 40 on their list of Best Small Places for Business and Careers, and number 53 in Job Growth.