SalaryNode

Average Construction and Extraction Occupations Salary in Billings, MT

In Billings, MT, professionals in Construction and Extraction Occupations earn an average annual salary of $62,780. This figure is slightly below the national average of $64,030, indicating a localized market dynamic influenced by regional economic factors and demand. The specific pay rates in Billings reflect the unique balance of labor supply and the specific needs of the local construction and extraction industries.

Executive Summary

  • Average Salary: $62,780 per year.
  • Growth Trend: Salaries have shifted 22.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $83,200.
  • Outlook: Billings, MT presents a robust job market for Construction and Extraction Occupations, evidenced by a substantial local workforce of 6,040 individuals. The Location Quotient of 1.56 significantly surpasses the national average, signaling a higher concentration of these roles within the Billings economy than typically found nationwide. This strong concentration suggests consistent demand and a well-established presence for these vital occupations.
2024 Market Data

Salary Overview

$62,780

The average Construction and Extraction Occupations in Billings, MT earns-2.0%below the national average.

BreakdownBased on 40h/week
Hourly

$30.2

Weekly

$1,207

Monthly

$5,232

Construction and Extraction Occupations Salary Distribution in Billings, MT

Career progression within Construction and Extraction Occupations in Billings, MT, typically leads to significant salary increases. Entry-level positions may start at a lower percentile, but with accumulated experience and the acquisition of specialized skills, professionals can advance to senior roles commanding higher salaries. The widening gap between entry-level and senior-level pay reflects the value placed on expertise and tenure in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$42,670$20.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$47,085$22.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$60,130$28.9
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$78,475$37.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$83,200$40

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$62,780

Gross Pay

Real Wage (Purchasing Power)

$62,780

Adjusted for COL (100)

For individuals considering a move to Billings, MT, the average annual salary of $62,780 aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary in Billings is comparable to the national average, offering a stable financial environment for residents.

Job Market Context

6,040

Total Jobs

64.389

Per 1K Jobs

1.56

Location Quotient

Major Hub

Billings, MT has 1.6x the national concentration of Construction and Extraction Occupations jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 1.56 for Construction and Extraction Occupations in Billings, MT, indicates a market that is notably more concentrated than the national average. This suggests that these roles are a significant component of the local economy, potentially leading to more abundant job opportunities and a competitive environment for skilled workers.

Nearby Job Markets

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

How much does a Construction and Extraction Occupations make in Billings, MT?

The median annual salary for a Construction and Extraction Occupations in Billings, MT is $62,780. This typically ranges from $42,670 for entry-level positions to $83,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Billings, MT is 2.0% lower than the national median of $64,030.

Is Billings, MT a lucrative place for Construction and Extraction Occupationss?

Yes, with a stable cost of living.Billings, MT offers an average salary of $62,780, which aligns with the national average cost of living. The high concentration of these jobs (LQ 1.56) suggests strong local demand.

Is Billings, MT a good place to live for Construction and Extraction Occupations?

The Cost of Living Index in Billings, MT is 100. While higher than average, this often correlates with higher wages.

How does the Billings, MT salary compare to the national average?

The average annual salary for Construction and Extraction Occupations in Billings, MT is $62,780, which is slightly lower than the national average of $64,030.

What is the concentration of Construction and Extraction jobs in Billings, MT?

Billings, MT has a high concentration of these jobs, with a Location Quotient of 1.56, meaning the jobs are 56% more concentrated than the national average.

How does the cost of living in Billings, MT affect salary perception?

With a Cost of Living Index of 100, the national average, the $62,780 salary in Billings offers purchasing power equivalent to the national average.

What is the total number of Construction and Extraction workers in Billings, MT?

There are 6,040 individuals employed in Construction and Extraction Occupations in Billings, MT.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,040 employees in the Billings, MT area with a job density of 64.389 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.