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Billings, Montana

Jobs & Economy in Billings

Detailed jobs & economy data — sourced from authoritative datasets and normalized for direct comparison.

Jobs & Economy in Billings, Montana

Billings boasts a strong and diverse economy, serving as the largest retail, medical, and energy hub in the region. The city's job market is robust, with employment growing at a rate of 1.35% from 2023 to 2024. Major employers include healthcare providers like Billings Clinic and St. Vincent Healthcare, as well as Billings Public Schools and First Interstate BancSystem.

The top industries driving Billings' economy are healthcare, energy, agriculture, retail and wholesale trade, and education. The energy sector benefits from the region's coal, oil, and natural gas resources, while the fertile Yellowstone Valley supports a strong agricultural industry. The city's economic resilience and steady job growth make it an appealing location for newcomers seeking career opportunities.

Economy & Jobs

Average Salary
$68,328
Unemployment
3.30%
GDP
$0.0B
Business Score
68

Top Industries

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About Billings, Montana

Billings, Montana, known as the "Magic City" due to its rapid growth since its founding as a railroad town in 1882, is the largest city in Montana and the commercial hub for a wide rural region. Nestled in the fertile Yellowstone River valley and framed by scenic sandstone cliffs known as the Rimrocks, Billings offers a blend of natural beauty and urban amenities. People are drawn to Billings for its laid-back, small-town attitude, resilient economy, and access to abundant outdoor activities. It serves as a major retail, medical, and energy center for much of Montana, northern Wyoming, and parts of North and South Dakota.

The city provides a balance of big-city conveniences and small-town charm, making it an attractive option for families and professionals. Billings is home to Montana State University Billings and offers a diverse range of public and private schools. Its strategic location also places it within a day's trip of famous sites like Yellowstone National Park, offering residents world-class fly fishing, hiking, and biking trails.

About Montana

Montana, known as "Big Sky Country," offers a peaceful, nature-centric lifestyle with vast open spaces and a strong sense of community. Its economy is primarily driven by agriculture, forestry, mining, energy production, and a growing service sector that includes tourism and outdoor recreation. While the cost of living can vary, with urban areas like Bozeman being more expensive, some smaller towns offer more affordable options, and the state benefits from no sales tax. Montana experiences significant climatic variations due to its diverse geography, with warm summers and cold, snowy winters, especially in the mountainous western regions.