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Demographics
Population
Median Income
Racial Distributions
Downtown Bozeman, Montana, is classified as a neighborhood with Low Diversity, having a White Majority of 91% as of 2022. The area has experienced economic growth, with median income increasing from $47,029 in 2019 to $69,573 in 2022. The neighborhood is known for its historic Main Street, which features local businesses, restaurants, and cultural attractions.
Over the past decade, Downtown Bozeman has maintained its Low Diversity status with a strong White Majority. The White population percentage has fluctuated slightly, reaching its lowest point of 81% in 2018 before returning to 91% in 2022. The Hispanic population has gradually increased from 1% in 2013 to 5% in 2022. The Asian population has remained relatively stable between 1-4% throughout the decade. The Two or More Races category increased from 1% in 2013 to a peak of 10% in 2018, before declining to 2% in 2022.
The economic landscape of Downtown Bozeman has changed significantly in recent years. Median income remained relatively stable between 2013 and 2019, fluctuating between $41,841 and $50,363. A substantial increase occurred from 2019 to 2021, with median income rising from $47,029 to $85,258, an increase of over 81%. The most recent data for 2022 shows a slight decrease to $69,573, which is still significantly higher than pre-2020 levels.
The demographic trends in Downtown Bozeman reflect broader patterns seen in many Western U.S. cities, where increasing economic prosperity often attracts a more diverse population gradually. The rapid income growth from 2019 to 2021 is notable and may be related to broader economic trends such as remote work opportunities during the COVID-19 pandemic, which allowed high-earning professionals to relocate to desirable small cities like Bozeman.
The persistence of a strong White Majority in Downtown Bozeman, despite economic growth, contrasts with more rapid diversification seen in some other growing Western cities. This could be due to Bozeman's relatively isolated location in Montana and its historical demographic makeup.
The economic growth in Downtown Bozeman outpaces national trends, with the median household income in the United States increasing from $65,712 in 2019 to $70,784 in 2021, a more modest growth compared to Bozeman's dramatic rise.
In conclusion, Downtown Bozeman remains a Low Diversity area with a strong White Majority, but subtle shifts towards increased diversity are occurring alongside significant economic growth. These changes, while gradual, may be laying the groundwork for more substantial demographic shifts in the future, potentially transforming the social and cultural landscape of this historic Montana neighborhood.