Billings, MT

Business Ideas & Market Opportunities

The Billings market is currently outpacing the national growth rate. Our analysis identifies 52 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

7,920

Total Competition Pool

Market Size

187K

Total Metro Population

5-Year Growth Rate

+10.1%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

86

Niches with LQ < 0.8

Analyst Tip

Viewing all opportunities. Use the View Mode toggle above to filter by business model, or search to find specific niches.

Showing 20 of 167 opportunities

Septic Tank and Related Services

Growth
+233.3%
Scale
$200K PAY
Saturation
3.83
10 establishments

All Other Outpatient Care Centers

Growth
+233.3%
Scale
$296K PAY
Saturation
0.61
10 establishments

Direct Property and Casualty Insurance Carriers

Growth
+150.0%
Scale
$579K PAY
Saturation
1.25
10 establishments

Tobacco Stores

Growth
+142.9%
Scale
$365K PAY
Saturation
1.01
17 establishments

Nail Salons

Growth
+100.0%
Scale
$5894.0M REV
Saturation
0.28
161 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+90.2%
Scale
$182K PAY
Saturation
1.12
86 establishments

All Other General Merchandise Stores

Growth
+88.9%
Scale
$368K PAY
Saturation
0.46
17 establishments

Real Estate Credit

Growth
+85.7%
Scale
$191K PAY
Saturation
0.98
13 establishments

Pet and Pet Supplies Stores

Growth
+83.3%
Scale
$294K PAY
Saturation
1.39
11 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+66.7%
Scale
$64K PAY
Saturation
1.68
65 establishments

Other Miscellaneous Durable Goods Merchant Wholesalers

Growth
+66.7%
Scale
$315K PAY
Saturation
1.27
10 establishments

Pet Care (except Veterinary) Services

Growth
+64.3%
Scale
$188K PAY
Saturation
1.11
23 establishments

Framing Contractors

Growth
+61.5%
Scale
$136K PAY
Saturation
2.21
21 establishments

Offices of Physicians (except Mental Health Specialists)

Growth
+60.7%
Scale
$5.0M PAY
Saturation
0.58
182 establishments

Industrial Supplies Merchant Wholesalers

Growth
+60.0%
Scale
$624K PAY
Saturation
2.12
16 establishments

Used Merchandise Stores

Growth
+57.1%
Scale
$251K PAY
Saturation
1.42
22 establishments

Gift, Novelty, and Souvenir Stores

Growth
+54.5%
Scale
$96K PAY
Saturation
1.15
17 establishments

Flooring Contractors

Growth
+53.3%
Scale
$154K PAY
Saturation
1.58
23 establishments

Offices of Physicians, Mental Health Specialists

Growth
+50.0%
Scale
$520K PAY
Saturation
0.54
29 establishments

All Other Personal Services

Growth
+50.0%
Scale
$42K PAY
Saturation
0.89
18 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Billings:

1

Demographic Fit

Does the local population age or income level explain the "Supply Gaps"? (e.g., A gap in luxury services may be due to lower local income).

2

Regulatory Check

Verify local licensing requirements. High barriers to entry often protect "High Yield" sectors from new competition.

3

Competitor Health

Investigate the "Momentum" sectors. Are existing businesses thriving, or is the growth due to high turnover and failure rates?