Everything You Need to Know About the City of Bozeman Montana

In 2017, Bozeman, MT had a population of 43.1k people with a median age of 28 and a median household income of $49,217 dollars. Between 2016 and 2017 the population of Bozeman, MT grew from 41,761 to 43,132, a 3.28 percent increase, and its median household income grew from $48,612 dollars to $49,217 dollars, a 1.24 percent increase.

The population of Bozeman, MT is 91 percent White Alone, 2.78 percent Hispanic or Latino, and 2.28 percent Two or More Races. N/A% of the people in Bozeman, MT speak a non-English language, and 97.4 percent are U.S. citizens.

The largest universities in Bozeman, MT are Montana State University (3,180 degrees awarded in 2017), Health Works Institute (33 degrees), and Academy of Cosmetology (20 degrees).

The median property value in Bozeman, MT is $310,800 dollars, and the homeownership rate is 44.1 percent. Most people in Bozeman, MT commute by Drove Alone, and the average commute time is 13.8 minutes. The average car ownership in Bozeman, MT is 2 per household.

 

Education in Bozeman

In 2017, universities in Bozeman, MT awarded 3,233 degrees. The student population of Bozeman, MT is skewed towards men, with 8,856 male students and 7,822 female students.

Most students graduating from Universities in Bozeman, MT are White (2,786 and 89.9 percent), followed by Hispanic or Latino (85 and 2.74 percent), Two or More Races (78 and 2.52 percent), and Unknown (62 and 2 percent).

The largest universities in Bozeman, MT by the number of degrees awarded are Montana State University (3,180 and 98.4 percent), Health Works Institute (33 and 1.02 percent), and Academy of Cosmetology (20 and 0.619 percent).

The most popular majors in Bozeman, MT are General Business (238 and 7.36 percent), Registered Nursing (218 and 6.74 percent), and General Family & Consumer Sciences (205 and 6.34 percent).

The median tuition costs in Bozeman, MT are $N/A for private four-year colleges, and $5,490 dollars and $22,194 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Bozeman

The economy of Bozeman, Montana employs 26k people and Bozeman has an unemployment rate of 2.4 percent. Bozeman has seen the job market increase by 2.6 percent over the last year. Future job growth over the next ten years is predicted to be 50.3 percent, which is higher than the US average of 33.5 percent. The largest industries in Bozeman, MT are Retail Trade (3,515 people), Educational Services (4,393 people), and Accommodation & Food Services (2,881 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($75,375 dollars), Utilities ($62,188 dollars), and Professional, Scientific, & Technical Services ($57,778 dollars).

Households in Bozeman, MT have a median annual income of $49,217 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $48,612 dollars in 2016, which represents a 1.24 percent annual growth.

 

Tax Rates for Bozeman

– The Sales Tax Rate for Bozeman is 0.0 percent.

– The Income Tax Rate for Bozeman is 6.9 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Bozeman

– The average income of a Bozeman resident is $26,350 dollars a year.

– The Median household income of a Bozeman resident is $46,422 dollars a year.