Living in Bozeman, Montana
Cost of living, income, home prices, rent and demographics of Bozeman · Census data 2020–2024
Bozeman has 56,114 residents with a median age of 28.9. The median household income is $85,747 (18% higher than the Montana median), the median home value is $687,900, the median rent is $1,717/month.
Bozeman at a glance
- Population
- 56,114
- Median age
- 28.9State: 40.4
- Median household income
- $85,747State: $72,509
- Median home value
- $687,900State: $375,800
- Median rent
- $1,717/moState: $1,081
- Homeowners
- 44.7%
- Bachelor's degree or higher
- 65.1%
- Average commute
- 16 min
Is Bozeman a good place to live?
Pros: Median household income 18% higher than the Montana median; an average commute of 16 minutes; unemployment of 3%.
Cons: Home values 83% higher than the state median; a poverty rate of 13.7%.
The weather is best in June to September.
Cost of living in Bozeman
Housing is the biggest part of the cost of living. In Bozeman the median home value is $687,900, 107% higher than the U.S. median. Renters pay a median of $1,717 per month, which is 30.6% of household income. Homeowners with a mortgage pay $2,339 a month in housing costs.
Bozeman median household income
The median household income in Bozeman is $85,747 and the income per person is $52,507. 13.7% of residents live below the poverty line (Montana: 11.5%).
Housing in Bozeman: homes for sale and rent
- Housing units
- 25,908
- Owner-occupied
- 44.7%
- Renter-occupied
- 55.3%
- Vacant
- 7.5%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.17
Bozeman demographics
- Population
- 56,114
- Median age
- 28.9
- Under 18
- 13.2%
- 65 and older
- 11.4%
- Households
- 23,970
- Foreign-born
- 4.8%
- Veterans
- 2.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Bozeman ›
Education in Bozeman
65.1% of adults 25 and older in Bozeman have a bachelor's degree or higher (Montana: 35.2%), and 26.2% have a graduate or professional degree.
Jobs and commute in Bozeman
- Unemployment rate
- 3%State: 3.6%
- Average commute
- 16 minState: 19 min
- Work from home
- 16.1%
- Drive alone
- 63.2%
- Public transit
- 0.7%
- Walk to work
- 8.5%
- Homes with broadband
- 92%
Bozeman vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bozeman | 56,114 | $85,747 | $687,900 | $1,717 |
| King Arthur Park | 1,992 | $109,106 | — | $2,223 |
| Four Corners | 5,791 | $100,917 | $648,400 | $1,338 |
| Belgrade | 11,872 | $97,328 | $535,200 | $1,877 |
| Gallatin Gateway | 933 | $82,500 | $814,400 | $1,589 |
| Churchill | 1,167 | $108,281 | $690,600 | $1,382 |
| Springhill | 187 | $79,115 | — | — |
| Amsterdam | 130 | $85,750 | $480,000 | — |
| Manhattan | 2,288 | $87,865 | $517,800 | $1,585 |
More for people moving to Bozeman
Bozeman ZIP code ›Weather and climate ›Living in Bozeman: FAQ
What is the median household income in Bozeman, MT?
The median household income in Bozeman is $85,747, 18% higher than the Montana median of $72,509 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bozeman?
The median home value in Bozeman is $687,900, compared with $375,800 in Montana.
How much is rent in Bozeman?
The median gross rent in Bozeman is $1,717 per month, about 30.6% of household income.
Is Bozeman, MT a good place to live?
Pluses: median household income 18% higher than the Montana median; an average commute of 16 minutes; unemployment of 3%. Minuses: home values 83% higher than the state median; a poverty rate of 13.7%.
What is the median age in Bozeman?
The median age in Bozeman is 28.9 years (Montana: 40.4).
How long is the commute in Bozeman?
The average commute to work in Bozeman is 16 minutes; 16.1% of workers work from home.
What is the unemployment rate in Bozeman?
The unemployment rate in Bozeman is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bozeman?
65.1% of adults in Bozeman have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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