NAICS 44-45

Retail Trade in Bozeman, MT

Metro Market Score 70.0 (Difficult), ranked #338 of 378 metros. 643 establishments, 9,402 jobs.

Metro Market Assessment

Metro Market Score 70.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national retail trade average.

💰High-Cost Market

Wage costs in Bozeman's retail trade sector are well above the metro average, with wage competitiveness at 96.3 and rising pressure at 61.7. New entrants should factor higher labor costs into their financial projections for this market.

Industry Concentration
80.4
LQ: 1.29
Rank #304 of 378 metros
Wage Competitiveness
96.3
$46,590 avg wage
Growth Trend
55.0
Employment growth index
Rank #171 of 378 metros
Wage Pressure
61.7
YoY wage change index

643 Retail Trade Firms in Bozeman

643
Establishments
+100.0% YoY
9,402
Total Employment
+0.0% YoY
$46,590
Average Annual Wage
+0.0% YoY
1.29
Location Quotient
Above national avg
Within Montana
#4 of 5
retail trade metros in state
Montana state rank
#34 of 51
for retail trade entry risk
vs State Median
+5.7
worse than median (64.3)

Bozeman vs Montana Statewide

How this metro's retail trade market compares to Montana overall. The state ranks #34/51 for entry risk.

Measure Bozeman MT Statewide
Overall Score 70.0 Difficult 45.8 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #338 of 378 metros #34 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

Retail Trade in Other Montana Metros

Retail Trade Metros With Similar Conditions

Metros within 5 points of Bozeman's 70.0 score. Useful when comparing markets with comparable entry profiles.

Retail Trade in States Bordering Montana

State-level entry risk for retail trade in adjacent states. Use this to weigh cross-border options.

Browse Retail Trade in Other States

State-level entry risk reports for retail trade 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 retail trade sector, the wage competitiveness component (96.3) 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

Data period: 2024. Last updated: April 2026.