Economic Development

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Click Here for THE STATE OF DOWNTOWN BOZEMAN

The State of Downtown Bozeman is an economic activity dashboard compiled using data from the American Community Survey and other data sources. The dashboard quantifies and qualifies Downtown Bozeman in terms of demographics, economy, housing, affordability and transportation.

The State of Downtown Bozeman is free for public use and made possible by funding from the Downtown Urban Renewal District and the City of Bozeman Economic Development Department.

Click here for THE HIGH VALUE OF DOWNTOWN BOZEMAN STORY MAP

Bozeman is a rapidly growing city with a high quality of life in part due to the easy access to the outdoors, burgeoning tech industry, and cultural experiences it offers. Bozeman intends to maintain this high quality of life as it grows in part by using its land efficiently. Land is a finite resource and its use can either produce high enough property tax revenues and fees to support residents’ needs or drain city funds for infrastructure upkeep. In this story map, Urban3 visualizes property value in 3D to make relative comparisons of property values in downtown with values on the periphery of a community. This analysis clearly shows the concentrations of very highest value in downtown generates the most tax value and revenue productivity in Bozeman and Gallatin County.

 

Economic Growth

Bozeman is one of the fastest growing micropolitan communities in the United States, Find out more about our robust economy, world class university, thriving international airport, highly educated workforce, and other economic data in the Economic Profile for Gallatin and Park Counties by our partners at Prospera Business Network

Economic Development Strategy

The City of Bozeman recently updated it's Economic Development Strategy. The plan includes specific actions for strengthening our economic base and our community. 

Strong Economic Base

  • Increase middle and high wage traded sector employment and diversify the economic base by supporting existing businesses and strategically growing the local supply chain.
  • Support local sector businesses with a seamless permitting process and awareness about existing small business programs.
  • Invest in infrastructure projects identified on the capital improvement plan (CIP) that the business community needs and wants by leveraging the City’s proactive culture to foster collaboration across departments and commitments to identified projects. 

Strong Community

  • Protect the outdoor environment by guiding efficient industry site development within the city limits.
  • Foster an environmentally and economically sustainable community with an active transportation network (transit networks, bicycle routes, trails, and sidewalks) that employers and employees desire.
  • Offset livability costs for citizens with conscious infrastructure and workforce investments that improve access to job opportunities with the understanding that several other stakeholders are focused specifically on affordable housing.

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