Billings County, ND
FIPS: 38007
Median HAM
9.9x
Elevated
Jul 2023
Minimum HAM
23.9x
Very High
Jul 2023
HAM Burden
No data
Not enough historical data to show a trend chart for this county.
Economic Profile
BEA GDP data (2024)
GDP Per Capita
$237,029
National avg: ~$82,000
Total GDP
$224M
Thousands of current $
Population
945
2020 Census
Top Industries by GDP
Mining, quarrying, and oil and gas extraction24.9%
Construction15.7%
Government and government enterprises8.9%
Agriculture, forestry, fishing and hunting8.2%
Real estate and rental and leasing2.8%
Data Breakdown
Median HAM
Data as of Jul 2023
Median Home Price
$322,500
Census ACS
Gross Median Income
$39,267
Census ACS
Net Median Income
$32,553
Calculated
Median HAM
9.91x
Minimum HAM
Data as of Jul 2023
Median Home Price
$322,500
Census ACS
Min Wage (Hourly)
$7.25/hr
State labor data
Net Min Wage Income
$13,501
Calculated
Minimum HAM
23.89x
Methodology: HAM = Home Price / Net Annual Income. Net income assumes single filer, standard deduction, 2,080 hrs/yr for minimum wage. Federal + state tax + FICA deducted. Home price source priority: Zillow ZHVI > Redfin > Census ACS.