Bozeman is a medium-sized city located in the state of Montana. With a population of 49,831 people and 14 constituent 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 $55,569.00.
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.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Bozeman is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Bozeman is a city of professionals, service providers, and sales and office workers. There are especially a lot of people living in Bozeman who work in management occupations (10.91%), sales jobs (10.78%), and food service (10.24%).
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.
In addition, Bozeman is a major college town that has a very high percentage of its residents over 18 years old who are college students. Naturally, collegiate life has a major influence on local Bozeman culture, lifestyle and entertainment options. Bozeman really pulses to the beat of the academic calendar. In Bozeman every fall, returning students reinvigorate the community, who you will notice are all over town, buying groceries, out with friends, and getting acquainted or re-acquainted with each other and Bozeman. One of the beneficial effects that colleges provide is that they tend to be lasting institutions that deliver direct economic benefits to the local economy in the form of such things as jobs for faculty and staff, and spending by students. Bozeman benefits directly from this.
Bozeman, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
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 15.33 minutes getting to work every day.
If knowledge is power, Bozeman is a pretty powerful place. 58.72% of the adults in Bozeman have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Bozeman in 2018 was $32,865, which is wealthy relative to Montana, and upper middle income relative to the rest of the US. This equates to an annual income of $131,460 for a family of four. However, Bozeman contains both very wealthy and poor people as well.
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.