A 305/70R15 tire is 31.8 inches (808 mm) tall and 12.0 inches wide. The sidewall is 70% of the width, 8.4 inches, on a 15-inch wheel, and the tire turns about 634 times per mile.
In flotation terms that is about 31.8x12.0R15, closest to the common 32x11.50R15 (32.0"). People often call it a 32-inch tire.
The size most often compared with it is 285/75R15, which is 0.0" taller (+0.1%). At an indicated 60 mph you would be doing 60.0 mph on it.