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.
A relatively large number of people in Bozeman telecommute to their jobs. Overall, about 14.52% 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 very large population of people who are young, single, educated, and upwardly-mobile. That’s because Bozeman is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Bozeman a pretty good place for young, educated career starters looking to find many people like themselves, with good 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 16.60 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. 64.16% 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 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.