Bozeman is a larger medium-sized city located in the state of Montana. With a population of 54,539 people and 17 constituent neighborhoods, Bozeman is the fourth largest community in Montana. Bozeman has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Bozeman, where the median household income is $59,695.00.
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 (11.46%), food service (10.20%), and office and administrative support (9.58%).
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.
A relatively large number of people in Bozeman telecommute to their jobs. Overall, about 9.02% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
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.
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.
One of the benefits of Bozeman is that there is very little traffic. The average commute to work is 15.93 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
If knowledge is power, Bozeman is a pretty powerful place. 63.13% 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 $36,526, which is wealthy relative to Montana, and upper middle income relative to the rest of the US. This equates to an annual income of $146,104 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 European.
The most common language spoken in Bozeman is English. Other important languages spoken here include Spanish and Chinese.