Best Small Places for Business and Careers 2019

Billings, MT

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gross metro product

$9.3B

population

171.7K

median household income

$58,964

median home price

$254,000

cost of living

1% below nat'l avg

college attainment

32.2%

net migration

200 (year: 2018)

unemployment

3.3%

major industries

Transportation, Energy, Financial services

As of October 2019

population

110.0K

median home price

$223,000

As of August 2018

Billings is the trade and distribution center for most of Montana, Northern Wyoming and western portions of North Dakota and South Dakota. Billings is also the retail destination for much of the same area. Area attractions include Yellowstone National Park, Pompey's Pillar, Little Bighorn Battlefield National Monument, Bighorn Canyon National Recreation Area, Pictograph Cave, Chief Plenty Coups State Park and Zoo Montana. With more hotel accommodations than any area within a five state region, the city hosts a variety of

conventions, concerts, sporting events and other rallies. Events hosted by the city include the Wine and Food Festival at MSU Billings, Strawberry Festival, SummerFair at North Park, Magic City Blues Festival, Crow Fair and Rodeo in Crow Agency and Big Sky State Games.

On forbes lists

#121

Best Small Places for Business and Careers 2019

#176

In Cost of Doing Business

#115

In Job Growth

#44

In Education

Best Places to Retire In Each State 2018

EmploymentHousingEducationQuality of Life

Projected Annual Job Growth

0.3%

Unemployment

3.3%

Median Household Income

$58,964

Household Income Growth

2.9%

High-Tech Employment

1.5%

Data is for the metro area
Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
Numbers as of October 2019
a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.