"Since 2018 Bozeman is one of the fastest growing metropolitan communities in the United States." 

Our city is small in nature but what makes our micro economy tick and how is it fueled? There is no doubt, Bozeman specifically, is growing like crazy year after year. How does the growth affect our day to day, the real estate market, and the overall trajectory of where we are headed?

With more than 4 million visitors annually hosted by Yellowstone National Park, new companies are setting their eyes on Gallatin County which is diversifying the economic pool and growing the population. Whether you are a Bozeman native or are deciding to relocate from elsewhere, it is important to understand our community and how unique it truly is. 

+ Did you know that on average there are 2,000+ new residents moving to Bozeman every year?
+ Gallatin County could grow an additional 55,000 people from 2017 - 2045 with half of the growth likely to occur in the City of Bozeman
+ Current Gallatin County population as of 2021 is 119,938 people. Bozeman specifically has grown 33.78% since 2010. 
+ This growth demands increasing multi-family units
+ Land demand for single homes will go from 3 units per acre to 5 units per acre in the projections through 2045
+ Average sales price on a single family home in Bozeman has risen 28% since 2020

For more information on the year to year growth of Gallatin County, Click Here. 

According to Prospera Business Network, "Gallatin County and Bozeman residents’ housing costs are consistent with national values, although considerably above the statewide averages. Assuring the proper supply to meet residents' demand for different types of housing is vital to accommodate the influx of new residents to our region. Balancing the needs of local renters and homeowners, as well as seasonal workers and residents is especially critical to ensure the affordability of our region into the future."

If you are looking to relocate to Bozeman, these reports may have the helpful data you may be looking for to understand if Bozeman is the right place for you. If you have any questions about relocating to Bozeman, please don't hesitate to contact Broker, Tamara Williams. She would be happy to answer any questions about the projected growth of Bozeman and Gallatin County. With over 15 years working in the Real Estate Market within Bozeman and the surrounding areas she can give you a true understanding of what is realistic for you and your housing needs. 

Don't forget to follow me on social media!

Provide a valid email address.
Newsletter consent

Posted by Tamara Williams on


Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.