Bozeman, Montana Demographics & Population 2026
During the 2020–2024 ACS period, Bozeman, Montana had a total population of 56,114, the 4th largest city in Montana, with a median household income of $85,747, which is 18% higher than the state average. The poverty rate is 13.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Bozeman is the 4th largest city in Montana with a population of 56,114.
- 65.1% of adults hold a bachelor's degree or higher — top 10% in Montana.
- Housing affordability is a challenge — homes cost 8.0x the median household income.
Bozeman Quick Facts
How Bozeman Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 55,042 | 56,114 | +1.9% |
| Median household income | $79,903 | $85,747 | +7.3% |
| Median home value | $614,900 | $687,900 | +11.9% |
How Bozeman Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 29 | National average: 61
Education
Educational Attainment (Adults 25+)
Bozeman Rankings in Montana
Explore Montana Rankings
Other Cities in Gallatin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Belgrade | 11,872 | $97,328 | 11.2% | $535,200 |
| Four Corners | 5,791 | $100,917 | 6.3% | $648,400 |
| Big Sky | 2,445 | $138,805 | 4.7% | $1,137,900 |
| Manhattan | 2,288 | $87,865 | 2.9% | $517,800 |
| King Arthur Park | 1,992 | $109,106 | 7.4% | N/A |
| Three Forks | 1,919 | $79,784 | 6.2% | $395,800 |
| West Yellowstone | 1,474 | $58,839 | 13.1% | $504,300 |
| Churchill | 1,167 | $108,281 | 6.3% | $690,600 |
| Ponderosa Pines | 950 | $73,681 | 18.0% | N/A |
| Gallatin Gateway | 933 | $82,500 | 9.8% | $814,400 |
Cities Similar to Bozeman
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Great Falls | 60,329 | $63,373 | $257,000 | 27.8% | 14.5% |
| Missoula | 76,514 | $70,392 | $473,100 | 53.0% | 11.8% |
| Helena | 33,639 | $71,036 | $387,300 | 50.6% | 8.8% |
| Butte-Silver Bow | 35,052 | $61,857 | $257,800 | 28.1% | 14.8% |
| Kalispell | 28,504 | $63,415 | $428,000 | 34.8% | 10.0% |
Population Overview
Bozeman is a mid-sized community located in Montana, within Gallatin County. The total population is 56,114. It ranks as the 4th most populous out of 475 Census-designated places in Montana.
Age Demographics
The median age in Bozeman is 28.9 years. This is 28% lower than the state median of 40.4 years. Only 13.2% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Bozeman is $85,747. This is 18% higher than the state median of $72,509. It is also 6% higher than the national median of $80,734. The poverty rate stands at 13.7%. This is 19% higher than the state poverty rate of 11.5%. The unemployment rate is 3.0%. This is 17% lower than the state rate of 3.6%. The median home value is $687,900. Housing costs are 83% higher than the state median of $375,800. The home-value-to-income ratio of 8.0x suggests that housing affordability is a significant concern for many residents. 44.7% of occupied housing units are owner-occupied. This homeownership rate is 35% lower than the state average of 69.2%.
Race & Ethnicity
The largest racial or ethnic group in Bozeman is White (non-Hispanic), making up 84.8% of the population. Hispanic or Latino residents account for 6.2%. The Black or African American population is significantly higher than the state average (0.8% vs 0.4%). 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 in the top 10% of all cities in the state for educational attainment. This is 85% higher than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.3%. Notably, 26.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Bozeman, Montana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 475 Census-designated places in Montana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Bozeman, Montana?
Bozeman, Montana has a population of 56,114 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Bozeman, MT?
The median household income in Bozeman is $85,747, which is 6% higher than the national median of $80,734.
What is the poverty rate in Bozeman, MT?
The poverty rate in Bozeman is 13.7%. This means approximately 7,104 residents live below the federal poverty line.
What is the racial makeup of Bozeman, Montana?
Bozeman's population is 84.8% White, 0.8% Black, 6.2% Hispanic/Latino, and 2.1% Asian.
What is the median home value in Bozeman, MT?
The median home value in Bozeman is $687,900. The home-value-to-income ratio is 8.0x.
How educated is Bozeman, Montana?
65.1% of adults (25+) in Bozeman hold a bachelor's degree or higher, and 26.2% hold a graduate or professional degree.