Average All Occupations Salary in Billings, MT
In Billings, Montana, the average annual salary for All Occupations stands at $59,580. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry specific demands in Billings may influence compensation levels. The total local workforce of 93,790 individuals forms the basis for this salary benchmark.
Executive Summary
- Average Salary: $59,580 per year.
- Growth Trend: Salaries have shifted 18.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,160.
- Outlook: With a substantial local workforce of 93,790, Billings, MT demonstrates a significant labor market presence. The Location Quotient of 1.0 indicates that the concentration of All Occupations in Billings is precisely in line with the national average, suggesting a stable and predictable demand for these roles within the region's economy.
Salary Overview
The average All Occupations in Billings, MT earns-11.3%below the national average.
$28.6
$1,146
$4,965
All Occupations Salary Trends (2020-2024)
While specific historical data for Billings, MT is not provided, it is generally observed that salaries across most occupations experience incremental growth over a four-year period, driven by inflation, increased demand, and evolving skill requirements. This trend likely applies to Billings as well, indicating a potential for salary increases for All Occupations over time.
All Occupations Salary Distribution in Billings, MT
Salary progression in All Occupations typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles command significantly higher compensation due to accumulated expertise and responsibilities. The percentile gaps between different experience levels signify clear career advancement pathways and earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $28,890 | $13.9 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $44,685 | $21.5 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $47,640 | $22.9 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $74,475 | $35.8 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $100,160 | $48.2 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$59,580
Gross Pay
Real Wage (Purchasing Power)
$59,580
Adjusted for COL (100)
The average annual salary of $59,580 in Billings, MT aligns perfectly with the local Cost of Living Index of 100, which is also the national average. This means that the purchasing power of the average salary in Billings is equivalent to the national average, offering a balanced financial landscape for residents.
Job Market Context
93,790
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Billings, MT has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
A Location Quotient of 1.0 for All Occupations in Billings, MT signifies that the employment concentration for these roles is exactly at the national average. This suggests that the job market is neither exceptionally saturated nor unusually scarce, indicating a balanced level of competition and availability for these positions.
Nearby Job Markets
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Billings, MT?
The median annual salary for a All Occupations in Billings, MT is $59,580. This typically ranges from $28,890 for entry-level positions to $100,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Billings, MT is 11.3% lower than the national median of $67,140.
Is Billings, MT a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $59,580 is below the national average of $67,140, although the cost of living is also at the national average.
Is Billings, MT a good place to live for All Occupations?
The Cost of Living Index in Billings, MT is 100. While higher than average, this often correlates with higher wages.
How does Billings' average salary compare to the national average?
The average annual salary for All Occupations in Billings, MT is $59,580, which is lower than the national average of $67,140.
What is the Cost of Living in Billings, MT?
Billings, MT has a Cost of Living Index of 100, which is exactly the national average.
How large is the workforce for All Occupations in Billings, MT?
Billings, MT has a total local workforce of 93,790 individuals.
Is there a high concentration of All Occupations jobs in Billings, MT?
The Location Quotient for All Occupations in Billings, MT is 1.0, indicating that the concentration of these jobs is in line with the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 93,790 employees in the Billings, MT area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Billings, MT