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Bozeman, Montana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
56,114
Population
$85,747
Median Income
$687,900
Home Value
28.9
Median Age

Demographics

Bozeman has a population of 56,114 with a median age of 28.9. Here is the racial and ethnic breakdown of the population:

White
86.4%
Hispanic
6.2%
Other
4.5%
Asian
2.1%
Black
0.8%
Demographic Value
Total Population56,114
Median Age28.9
White86.4%
Black or African American0.8%
Asian2.1%
Hispanic or Latino6.2%
Other / Two or More Races4.5%
Bozeman, Montana — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 86.4%Hispanic/Latino: 6.2%Other: 4.5%Asian: 2.1%Other: 0.8%56,114PopulationWhiteWhite86.4%Hispanic/LatinoHispanic/Latino6.2%OtherOther4.5%AsianAsian2.1%OtherOther0.8%

Income & Economy

The median household income in Bozeman is $85,747, which is 6.4% above the national median of $80,610. The per capita income is $52,507. The poverty rate is 13.7%.

$85,747
Median Household Income
$52,507
Per Capita Income
13.7%
Poverty Rate

Employment

The unemployment rate in Bozeman is 2.2%, compared to the national rate of 4.1%.

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Education

In Bozeman, 97.3% of residents age 25+ have a high school diploma or higher, and 65.1% hold a bachelor's degree or higher (26.2% with a graduate or professional degree).

HS Diploma+
97.3%
Bachelor's+
65.1%
Graduate+
26.2%
Education Level % of Adults (25+)
High School Diploma or Higher97.3%
Bachelor's Degree or Higher65.1%
Graduate or Professional Degree26.2%

Housing

The median home value in Bozeman is $687,900, above the national median of $303,400. The median monthly rent is $1,717. The homeownership rate is 44.7%.

$687,900
Median Home Value
$1,717/mo
Median Rent
44.7%
Homeownership Rate
Housing Metric Value
Median Home Value$687,900
Median Monthly Rent$1,717
Homeownership Rate44.7%
Vacancy Rate7.5%

Salaries in Montana

Explore salary data for popular occupations in Montana:

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Other Cities in Montana

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Frequently Asked Questions

What is the population of Bozeman, Montana?
The population of Bozeman, Montana is 56,114 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Bozeman, Montana?
The median household income in Bozeman, Montana is $85,747. This is 6.4% above the national median of $80,610.
What is the median home value in Bozeman, Montana?
The median home value in Bozeman, Montana is $687,900. The median monthly rent is $1,717.
What percentage of people in Bozeman have a college degree?
In Bozeman, Montana, 65.1% of adults age 25 and older hold a bachelor's degree or higher, and 97.3% have a high school diploma or higher.
Is Bozeman, Montana an affordable place to live?
The home price-to-income ratio in Bozeman, Montana is 8.0x (median home value $687,900 vs. median income $85,747), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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