Zip 59718 (Bozeman, MT) Economy


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Bozeman, MT (59718) is a vibrant and family-oriented city with a cost of living slightly higher than the US average. The 2 bedroom rent for this area is $1,820 per month, compared to the national average of $1,430. This could be attributed to the high demand due in part to its close proximity to Montana State University. Grocery costs are also slightly higher here at 106 versus the US index of 100. Bozeman has something for everyone with local businesses such as Sweet Pea Market, Doc's Deli & Steaks, and Mystic Coffee Roasters offering amazing dining and shopping experiences for both locals and visitors alike.

Bozeman (zip 59718) has an unemployment rate of 3.0%. The US average is 6.0%.

Bozeman (zip 59718) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 50.3%, which is higher than the US average of 33.5%.

Tax Rates for Bozeman (zip 59718)
- The Sales Tax Rate for Bozeman (zip 59718) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Bozeman (zip 59718) is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bozeman (zip 59718)
- The average income of a Bozeman (zip 59718) resident is $29,280 a year. The US average is $28,555 a year.
- The Median household income of a Bozeman (zip 59718) resident is $81,194 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBozeman, MontanaUnited States
  36
  -1.3%-6.2%
  50.3%33.5%
  0.0%6.2%
  6.9%4.6%
  $43,399$37,638
  $81,194$69,021
  $98,252$85,028
  Population by Occupation
  2.3%1.2%
  0.2%0.5%
  9.2%6.8%
  7.8%10.0%
  2.1%2.5%
  13.6%11.0%
  2.1%4.8%
  0.3%0.8%
  0.5%1.9%
  3.5%4.7%
  2.3%1.9%
  10.5%7.6%
  0.0%0.1%
  1.8%4.2%
  12.1%9.3%
  10.7%14.0%
  3.8%2.1%
  7.7%7.0%
  6.7%4.8%
  2.9%4.7%
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