NAICS 53

Real Estate and Rental and Leasing in Bozeman, MT

Metro Market Score 65.3 (Difficult), ranked #303 of 330 metros. 578 establishments, 1,511 jobs.

Metro Market Score 65.3

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national real estate and rental and leasing average.

💰High-Cost Market

Bozeman scores 65.3 on the Metro Market Score for real estate and rental and leasing, placing it in the bottom 10%. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration

93.0

LQ: 1.33

Rank #307 of 330 metros

Wage Competitiveness

85.5

$70,040 avg wage

Growth Trend

↓ 39.4

Employment growth index

Rank #201 of 330 metros

Wage Pressure

12.3

YoY wage change index

578 Real Estate and Rental and Leasing Firms in Bozeman

578

Establishments

+100.0% YoY

1,511

Total Employment

+0.0% YoY

$70,040

Average Annual Wage

+0.0% YoY

1.33

Location Quotient

Above national avg

Within Montana

#3 of 3

real estate and rental and leasing metros in state

Montana state rank

#20 of 51

for real estate and rental and leasing entry risk

vs State Median

+16.6

worse than median (48.7)

Bozeman vs Montana Statewide

How this metro's real estate and rental and leasing market compares to Montana overall. The state ranks #20/51 for entry risk.

Measure	Bozeman	MT Statewide
Overall Score	65.3 Difficult	37.5 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#303 of 330 metros	#20 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Bozeman

Healthcare and Social Assistance 47.9 Information 49.5 Administrative and Support Services 52.0 Finance and Insurance 54.4 Construction 69.9 Retail Trade 70.0 Professional, Scientific, and Technical Services 70.1 Other Services 74.2 Accommodation and Food Services 77.8

Real Estate and Rental and Leasing in Other Montana Metros

Great Falls 24.5 #40/330 Billings 48.7 #209/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Bozeman's 65.3 score. Useful when comparing markets with comparable entry profiles.

Bridgeport-Stamford-Danbury, CT 65.2 #302/330 Panama City-Panama City Beach, FL 65.4 #304/330 Crestview-Fort Walton Beach-Destin, FL 65.1 #301/330 Asheville, NC 65.0 #300/330 San Jose-Sunnyvale-Santa Clara, CA 65.0 #299/330 Reading, PA 64.6 #298/330 Daphne-Fairhope-Foley, AL 64.4 #297/330 Myrtle Beach-Conway-North Myrtle Beach, SC 64.2 #296/330 Sebastian-Vero Beach-West Vero Corridor, FL 64.0 #295/330 Boulder, CO 66.6 #305/330

Real Estate and Rental and Leasing in States Bordering Montana

State-level entry risk for real estate and rental and leasing in adjacent states. Use this to weigh cross-border options.

South Dakota 26.4 #4/51 Idaho 43.4 #32/51 Wyoming 49.6 #41/51 North Dakota 54.3 #48/51

Browse Real Estate and Rental and Leasing in Other States

State-level entry risk reports for real estate and rental and leasing across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Bozeman's real estate and rental and leasing sector, the industry concentration component (93.0) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Bozeman, MT MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment