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Bozeman city, Montana Demographics & Population 2026

4th Largest4th most populous city in Montana

As of 2026, Bozeman city, Montana has a total population of 55,042, the 4th largest city in Montana, with a median household income of $79,903, which is 14% higher than the state average. The poverty rate is 14.8%.

Key Takeaways

Bozeman city Quick Facts

Population 55,042
Median Household Income $79,903
Median Home Value $614,900
Poverty Rate 14.8%
Unemployment Rate 3.1%
Median Age 28.6 years
Homeownership Rate 44.6%
Affordability Ratio 7.7x
Bachelor's Degree or Higher 65.1%
High School Graduation Rate 96.8%
Diversity Index 26/100
Population 55,042 4th of 470
Median Income $79,903 top 30%
Poverty Rate 14.8% 19% higher national
Median Home Value $614,900 top 10%

How Bozeman city Compares

Economy & Housing

Employment

3.1% Unemployment Rate State: 3.8% | National: 5.2%
72.1% Labor Force Participation

Housing Overview

Owner 44.6%
Renter 55.4%
Affordability Index Very Expensive
7.7x home value to income ratio

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 28 | National average: 60

Education

Bozeman city Rankings in Montana

#4 Population of 470
#81 Median Income of 470
#17 Education of 470
#19 Home Value of 470

Cities Similar to Bozeman city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Great Falls city60,412$63,934$237,40028.3%14.0%
Missoula city75,600$65,329$427,40051.6%12.8%
Helena city33,126$69,341$355,10050.4%9.1%
Butte-Silver Bow (balance)34,929$57,633$225,10027.7%16.1%
Billings city118,321$71,855$311,80037.0%10.6%

Population Overview

Bozeman city is a mid-sized community located in Montana. The total population is 55,042. It ranks as the 4th most populous out of 470 cities and towns in Montana.

Age Demographics

The median age in Bozeman city is 28.6 years. This is 29% lower than the state median of 40.2 years. Only 13.4% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Bozeman city is $79,903. This is 14% higher than the state median of $69,922. Compared to the national median of $78,538, household income here is 2% higher. The poverty rate stands at 14.8%. This is 23% higher than the state poverty rate of 12.0%. The unemployment rate is 3.1%. This is 18% lower than the state rate of 3.8%. The median home value is $614,900. Housing costs are 82% higher than the state median of $338,100. The home-value-to-income ratio of 7.7x suggests that housing affordability is a significant concern for many residents. 44.6% of occupied housing units are owner-occupied. This homeownership rate is 36% lower than the state average of 69.4%.

Race & Ethnicity

Bozeman city has a predominantly White (non-Hispanic) population, comprising 85.7% of all residents. Hispanic or Latino residents account for 5.6%. The Black or African American population is significantly higher than the state average (0.9% vs 0.5%). The Asian population is significantly higher than the state average (2.1% vs 0.8%).

Education

65.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Bozeman city in the top 10% of all cities in the state for educational attainment. This is 88% higher than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.8%. Notably, 26.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Bozeman city, Montana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 470 Census-designated places in Montana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Bozeman city, Montana?

Bozeman city, Montana has a population of 55,042 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bozeman city, MT?

The median household income in Bozeman city is $79,903, which is 2% higher the national median of $78,538.

What is the poverty rate in Bozeman city, MT?

The poverty rate in Bozeman city is 14.8%. This means approximately 7,546 residents live below the federal poverty line.

What is the racial makeup of Bozeman city, Montana?

Bozeman city's population is 85.7% White, 0.9% Black, 5.6% Hispanic/Latino, and 2.1% Asian.

What is the median home value in Bozeman city, MT?

The median home value in Bozeman city is $614,900. The home-value-to-income ratio is 7.7x.

How educated is Bozeman city, Montana?

65.1% of adults (25+) in Bozeman city hold a bachelor's degree or higher, and 26.2% hold a graduate or professional degree.