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Demographics
Population
Median Income
Racial Distributions
The University neighborhood in Bozeman, Montana, is classified as a "Low Diversity" area with a white population of 85% in 2022. The neighborhood's proximity to Montana State University influences its demographic composition and economic trends. The median income in 2022 is $51,887, showing a significant increase over the past decade.
The University neighborhood has maintained its "Low Diversity" classification over the past decade, with the white population consistently above 75%. The white population percentage has gradually decreased from 91% in 2013 to 85% in 2022, indicating a slow trend towards increased diversity. The Hispanic population has shown the most significant growth, increasing from 2% in 2013 to 6% in 2022. These changes suggest a slow transition towards a more diverse community.
The median income in the University neighborhood has increased substantially, rising from $27,815 in 2013 to $51,887 in 2022, an increase of nearly 87%. This economic improvement correlates with the gradual increase in diversity. The population has grown significantly, from 5,375 in 2013 to 8,589 in 2022, a 60% increase. These trends indicate a neighborhood experiencing positive economic development and potentially becoming more attractive to a broader range of residents.
The trends observed in the University neighborhood of Bozeman align with broader national trends of increasing diversity in college towns and growing income levels in areas with strong ties to higher education institutions. The significant income growth outpaces national averages, suggesting that Bozeman's University neighborhood may be experiencing particularly strong economic development compared to similar areas nationally.
The gradual increase in diversity, while still maintaining a predominantly white population, is characteristic of many Western U.S. college towns that have historically been less diverse but are slowly changing. The growth of the Hispanic population reflects broader demographic shifts occurring across the United States.
The University neighborhood in Bozeman remains categorized as "Low Diversity," but shows signs of a "Transitional Community" with gradual increases in minority populations, particularly Hispanic residents. This demographic evolution, coupled with significant economic growth, suggests a neighborhood in the early stages of transformation, likely influenced by its connection to Montana State University and broader regional economic trends.