ZIP 59715 - 860Z200US59715 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 59715, located in the vibrant area of Bozeman, Montana, this demographic and housing snapshot offers a clear picture of what to expect. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a new home or scouting a location for your next venture, understanding ZIP 59715’s profile is the first step to success.

Population & Households

ZIP 59715 is home to a population of 39,275 residents, making it a moderately sized community with a mix of urban and suburban characteristics. This area supports 15,686 households, reflecting a strong base of families, professionals, and students, given Bozeman’s proximity to Montana State University. The total number of housing units stands at 17,116, indicating a slight surplus of available properties compared to occupied households, which could signal opportunities for buyers or renters seeking options.

Income & Housing Costs

The median household income in ZIP 59715 is $85,000, suggesting a relatively affluent community with solid earning potential. This income level supports a robust local economy, attractive to small businesses looking for a customer base with disposable income. On the housing front, the median home value is $755,300, reflecting a high-demand market where property values have likely been driven by Bozeman’s growth and appeal as a scenic, outdoor-focused destination. For renters, the median rent is $1,376 per month, which aligns with the area’s higher cost of living but remains manageable for many households earning at or above the median income.

Race & Ethnicity

The demographic makeup of ZIP 59715 is predominantly White, with 86.63% of the population identifying as such. Hispanic or Latino residents account for 4.7%, while Asian residents make up 1.96%, and Black or African American residents comprise 0.97%. This relatively homogenous composition may reflect the broader regional trends in Montana, though the presence of diverse groups, even in smaller percentages, adds to the cultural fabric of the area. For businesses and investors, this data can inform marketing strategies or community engagement efforts tailored to the local population.

Key Facts

• Total population: 39,275 residents in ZIP 59715 as of 2023.
• Total households: 15,686, supporting a mix of family and individual living arrangements.
• Total housing units: 17,116, with some availability for new occupants.
• Median household income: $85,000, indicating strong local purchasing power.
• Median home value: $755,300, reflecting a premium real estate market.
• Median rent: $1,376, a reasonable rate relative to income and home values.
• Racial composition: Predominantly White (86.63%), with smaller Hispanic (4.7%), Asian (1.96%), and Black (0.97%) populations.

What This Means for You

For homebuyers, ZIP 59715 offers a thriving community with high property values, suggesting long-term investment potential despite the steep median home price of $755,300. The slight surplus of housing units (17,116 vs. 15,686 households) may provide some negotiating room, though competition could still be fierce given the area’s desirability. Real estate investors and agents will find a lucrative market here, with strong median incomes supporting both rental and purchase demand—consider focusing on properties near university or downtown areas for maximum return. Small-business owners can tap into a community with solid earning power ($85,000 median income), ideal for retail, services, or hospitality ventures catering to a predominantly White demographic with growing diversity. Analysts can use this data as a benchmark to track growth trends in Bozeman, especially as housing and population metrics evolve with regional development.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into ZIP 59715? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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