Bozeman is a larger medium-sized city located in the state of Montana. With a population of 56,123 people and 17 associated neighborhoods, Bozeman is the fourth largest community in Montana. There's nothing like the smell of a brand new house, and in Bozeman, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Bozeman, and putting down their money on brand new construction. Bozeman’s real estate is, on average, some of the newest in the nation. Bozeman does seem to be experiencing an influx of affluent people, because the median household income is $74,113.00.
Bozeman home prices are not only among the most expensive in Montana, but Bozeman real estate also consistently ranks among the most expensive in America.
Of important note, Bozeman is also a city of artists. Bozeman has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Bozeman’s character.
Also of interest is that Bozeman has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 14.52% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Bozeman is also a major college town with a large number of people who are 18 years or older and attending college. As is often the case in college towns, the many students that live in Bozeman have a strong influence on the local culture and entertainment scene, which may seem dormant by comparison in the summer months when much of the student population is away. In the fall, the return of students has a reinvigorating effect on the community. Because colleges are lasting institutions, they have a stabilizing effect on the economy by providing direct local benefits such as jobs for faculty and staff and spending by students. Bozeman’s economy is one such example of this.
Not only is Bozeman a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a decent-sized population of people who are young, single, educated, and upwardly-mobile. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 16.60 minutes getting to work every day.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Bozeman. 64.16% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Bozeman in 2022 was $45,037, which is wealthy relative to Montana and the nation. This equates to an annual income of $180,148 for a family of four. However, Bozeman contains both very wealthy and poor people as well.
Bozeman is a somewhat ethnically-diverse city. The people who call Bozeman home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Bozeman residents report their race to be White, followed by Asian. Important ancestries of people in Bozeman include German, Irish, English, Norwegian, and Italian.
The most common language spoken in Bozeman is English. Other important languages spoken here include Spanish and Chinese.