Bozeman has recently been identified as the poorest city in Montana, with approximately 18% of its population living below the poverty line.
The median household income in Bozeman is around $60,000, which has raised concerns about the financial struggles faced by many residents, particularly in light of rising costs associated with housing and living expenses.
Key Points:
- Poverty Rate: Nearly 18% of Bozeman’s population is below the poverty line.
- Median Income: The median household income is approximately $60,000.
- Comparison with Other Cities: Other cities like Missoula and Great Falls also rank among the poorest in the state, but Bozeman holds the top spot due to its higher poverty rate.
Despite being a popular city known for its vibrant community and proximity to Montana State University, the economic challenges faced by residents have become increasingly prominent.
The city is experiencing difficulties in providing affordable housing options, which exacerbates the financial strain on its inhabitants.
Sources
https://xlcountry.com/popular-montana-city-ranked-poorest-in-the-state/
https://www.montana.edu/extensionecon/countydata/statewidereport-august2016-final.pdf
https://en.wikipedia.org/wiki/Bozeman,_Montana
https://k99hits.com/most-miserable-city-in-montana/
https://en.wikipedia.org/wiki/Plevna,_Montana
