HomeMontanaYellowstone CountyBillings city
Billings city, Montana: commercial real estate data.
Billings city is a Census city of 119,434 people across 46.06 square miles of land, in Yellowstone County. Median household income is $73,712, 64.8 percent of occupied homes are owned, and the SBA record carries 269 7(a) approvals to borrowers here worth $146.0 m.
78 sourced place values · tier FULL · 8 sections
Billings
What Billings is
- Census place typecity
- Land area46.06 sq mi
- Water area0.11 sq mi
- Population per square mile of land2,593
- County holding the largest share of its areaYellowstone County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Billings
How many people live in Billings
- Population119,434
- Median age38.8
- Population under 1826,244
- Share under 1822.0 percent
- Population 65 and over22,510
- Share 65 and over18.8 percent
- Households50,994
- Family households29,148
- Share of households that are families57.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Billings
Income and work in Billings
- Median household income$73,712
- Per capita income$43,934
- Civilian labor force63,477
- Employed61,241
- Unemployed2,236
- Unemployment rate3.5 percent
- Adults 25 and over82,797
- Adults 25 and over with a high school diploma or higher95.5 percent
- Adults 25 and over with a bachelor degree or higher36.9 percent
- Adults 25 and over with a graduate degree11.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Billings
Housing in Billings
- Housing units54,346
- Occupied units50,994
- Vacant units3,352
- Vacancy rate6.2 percent
- Owner occupied33,059
- Renter occupied17,935
- Ownership rate64.8 percent
- Median owner-occupied home value$343,400
- Median gross rent, monthly$1,138
- Annual rent as a share of median income18.5 percent
- Single family units37,698
- Share single family69.4 percent
- Units in buildings of two or more13,331
- Share in buildings of two or more24.5 percent
- Mobile homes3,284
- Median year structure built1980
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Billings
How Billings gets to work
- Workers 16 and over who commute55,340
- Commuting under 15 minutes24,227
- Share commuting under 15 minutes43.8 percent
- Commuting 30 minutes or more5,420
- Share commuting 30 minutes or more9.8 percent
- Drove alone78.0 percent
- Carpooled8.6 percent
- Public transport1.1 percent plus or minus 0.5
- Walked2.0 percent plus or minus 0.5
- Worked from home8.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Billings
SBA 7(a) lending to Billings borrowers
- Approvals269
- Gross approval$145,955,000
- Average approval$542,584
- Median approval$245,600
- Ninetieth percentile approval$1,565,000
- Largest approval$5,000,000
- Jobs supported2,981
- Jobs per approval11.1
- Loans with a final outcome82
- Paid in full78
- Charged off4
- Charge-off rate over resolved loans4.9 percent
- Median term120 months
- Share on real estate terms of 20 years or more14.1 percent
- Share to franchises12.3 percent
- Distinct lenders44
- Distinct industries by NAICS126
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Billings
SBA 504 lending to Billings borrowers
- Approvals126
- Gross approval$115,554,000
- Average approval$917,095
- Median approval$720,000
- Largest approval$4,253,000
- Jobs supported1,671
- Loans with a final outcome40
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs6
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Yellowstone County, not Billings
Yellowstone County context, not Billings figures
These are Yellowstone County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Billings measurements.
- Establishments in Yellowstone County6,060
- Employment at those establishments, Yellowstone County75,637
- Covered employment, Yellowstone County87,348
- Average annual pay, Yellowstone County$62,688
- Average weekly wage, Yellowstone County$1,206
- Housing units permitted, Yellowstone County1,473
- Of those, single family, Yellowstone County850
- County product, 2024, Yellowstone County$14,022,393,000
- County product change over the prior year, Yellowstone County4.2 percent
- Average income of an arriving household, Yellowstone County$68,486
Every figure in this section is published for Yellowstone County as a whole and is not a measurement of Billings. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Billings questions, answered from the record.
How many people live in Billings, Montana?
119,434, in 50,994 households. Billings city covers 46.06 square miles of land, which is 2,593 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Billings in?
Yellowstone County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Billings?
$73,712. The median owner-occupied home is valued at $343,400. Median gross rent is $1,138 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Billings businesses?
269 7(a) approvals totalling $146.0 m, across 44 lenders, median approval $245,600, plus 126 504 approvals worth $115.6 m. These count approvals to borrowers whose address is in Billings, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Billings borrowers get paid back?
Of the 82 loans that have reached a final outcome, 78 were paid in full and 4 charged off, a charge off rate of 4.9 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Billings figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Yellowstone County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Billings.
Is zoning published for Billings?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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