The city of Billings, Montana (zip code 59105) is a great place to live and work. The average 2 bedroom rent in this area is $1,110 which is significantly lower than the US average of $1,430. Additionally, grocery cost index in the area is 102 compared to 100 in the US, making it relatively affordable for those with limited resources.
Billings boasts a diverse economy with a range of local businesses operating in fields such as retail, healthcare and finance. Popular companies include St. Vincent Healthcare, Rimrock Mall Shopping Center and First Interstate Bank Corporation. Each of these companies offer great job opportunities and employ thousands of locals each year. There are also several small businesses located in Billings that have benefited from the growth this city has experienced over recent years.
Billings (zip 59105) has an unemployment rate of 4.1%. The US average is 6.0%.
Billings (zip 59105) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Billings (zip 59105)
- The Sales Tax Rate for Billings (zip 59105) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Billings (zip 59105) is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Billings (zip 59105)
- The average income of a Billings (zip 59105) resident is $28,335 a year. The US average is $28,555 a year.
- The Median household income of a Billings (zip 59105) resident is $68,236 a year. The US average is $69,021 a year.