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retire

Finding the Best Places to Retire Since 2006!

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Retire in Bozeman, Montana?

Overview:   Surrounded by mountains, Bozeman is a pretty, neatly laid out city in southwestern Montana.  It is also the home of Montana State University (16,000 students) and is a gateway to stunning Yellowstone National Park.  Interstate 90 runs through the city.

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Once just a dusty cowtown, today Bozeman is growing fast. It is sometimes called Boz Angeles, a referece to the number of Californians and other out-of-staters who have made their way here over the last decade or two. This is an outdoor oriented place, but cultural institutions are in good supply, too.  They include the Museum of the Rockies, the Montana Arboretum and Gardens and the Pioneer Museum.  Bozeman's busy downtown, situated along wide streets, has a lively nightlife, galleries, a symphony orchestra, an opera association, and theater troupes.  The Emerson Center for the Arts holds classes, concerts, lectures, houses galleries, a restaurant, and studios.  The city sponsors a summer film festival, an arts festival, and a summer music series

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The Missouri Headwaters and Hyalite Canyon are among the state parks in the area. Downhill and nordic ski areas are within easy reach, and the "blue ribbon" trout streams of the Gallatin National Forest are only a few miles away. Off-leash parks, ice rinks, and aquatic centers are among the city's parks facilities.   At lease five golf courses have a Bozeman address.   Homes come in a variety of styles, but ranch ramblers and raised ranch ramblers are the most common.

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Population:  45,000 (city proper)

Percentage of Population Age 45 or Better:  40%

Cost of Living:  18% above the national average

Median Home Price: $295,000

Climate:    Summer temperatures in the 70s and 80s. Winters bring temperatures in the teens, 20s and 30s. On average, the area receives 18 inches of rain and 84 inches of snow each year. The elevation is 4,845 feet above sea level.

At Least One Hospital Accepts Medicare Patients?   Yes

At Least One Hospital Accredited by Joint Commission?  Yes

Public Transit:   Yes

Crime Rate:   Below the national average

Public Library:    Yes

Political Leanings:   Nearly split down the middle

Is Montana Considered Tax Friendly for Retirement?    No

Cons: None

Notes:    Racial diversity is minimal. MSU is not known as a party school.

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Recommended as a Retirement Spot?   Yes

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Montana:

By area, Montana is the fourth largest state in the United States. With an average of only six people per square mile, it is one of the country's least populated states. This Big Sky Country was the 41st state to enter the union in 1889 and is home to 12 tribal nations.

Split by the Continental Divide, the state can experience dramatic climate differences from east to west. The west usually has milder winters and cooler summers than the east. Western Montana is characterized rocky peaks, forests, streams and lakes, while eastern Montana is open prairie punctuated by occasional buttes and hills. This prairie is drained by the Missouri River and its tributaries. Elk, moose, and grizzly bears are still abundant across the state.

Although manufacturing, tourism, and minerals contribute to Montana's wealth, agriculture may be the top economic driver. Cattle, calves, barley, hay, and black cherries are important products.

Tourist favorites include Little Bighorn Battlefield National Monument and Glacier National Park. The Park contains 250 lakes. The largest, Flathead, is 28 miles long and between five and 15 feet wide.

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Stats:

Population - 1,042,520

Persons 65 years old and over - 18%

High school graduates, persons age 25+ - 93%

Bachelor's degree or higher, age 25+ - 30%

Persons of Hispanic or Latino origin - 3%

White persons, not Hispanic - 86%

Median household income - $47,169

Median home value - $193,500

Social Security taxed? Yes

Source: U.S. Census Bureau

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