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CITY

Thompson Falls

Montana · 1,543 residents (2025 est.) · 1.594 sq mi
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The short version

Thompson Falls has notably lower household income than the US average, with a median household income of $46,313. Population has held roughly steady since 2000. 19% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than tripled since 2000, reaching $266,400. With a median age of 48.8, the population is older than the US median of 38.9. Households here earn about 36% less than the Montana median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 48.8
US median: 38.9
Less educated
19% hold a bachelor's degree
US average: 36%
Less affordable
home values up 112%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,500
+14%since 2000
from 1,321 in 2000
1990 – 2025
Population density
941 / sq mi
+14%since 2000
from 829 / sq mi in 2000
US average: 281
Median age
48.8
+19%since 2000
from 40.9 in 2000
US average: 38.9

PEP 2025 EST:1,543 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
8691K1K2K2K1990201020202024Thompson Falls
20242K
1990201020202024
Section 02

Income & economy

Median household income
$46,313
−10%inflation adjusted, since 2000
from $28,103 in 2000
US average: $82,259
1990 – 2024
Per capita income
$25,576
+93%since 2000
from $13,245 in 2000
US average: $44,673
Households earning $100K+
26.0%
+23.2 ptssince 2009
from 2.8% in 2009
US average: 53.3%
Poverty rate
6.5%
−9.6 ptssince 2000
from 16.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.342
−2%since 2010
from 0.350 in 2010
US average: 0.476
Workforce by industry, 2024
Information16%
US avg: 10.8%
Finance & insurance12.5%
US avg: 5.9%
Professional, scientific, technical12.5%
US avg: 5.1%
Transportation & warehousing9.7%
US avg: 2.2%
Agriculture, forestry, fishing8.9%
US avg: 1.6%
Construction6.1%
US avg: 1.2%
Retail trade5.8%
US avg: 9.9%
Arts, entertainment, food4.8%
US avg: 1.9%
Manufacturing2.8%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Education & health services0%
US avg: 0.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$266,400
+112%inflation adjusted, since 2000
from $69,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$543
−28%inflation adjusted, since 2000
from $413 in 2000
US average: $1,442
Owner-occupied
73.4%
+1.2 ptssince 2000
from 72.1% in 2000
26.6% rent
Vacancy rate
14.2%
−0.9 ptssince 2009
from 15.1% in 2009
US average: 10.0%
Owner cost-burdened
18.8%
−22.6 ptssince 2009
from 41.4% in 2009
US average: 22.9%
Renter cost-burdened
21.7%
−31.0 ptssince 2009
from 52.7% in 2009
US average: 47.4%
Afford Score
5.8
+134%since 2000
from 2.5 in 2000
1990 – 2024
Gentrification Score
71
RELATED:See current rent listings in Thompson Falls on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.1%(1,270)
Black0.2%(3)
Hispanic / Latino1%(13)
Asian0.2%(2)
Other0%
Diversity Score3.5%(46)
2024
White, non-Hispanic86.4%(1,296)
Black0.5%(7)
Hispanic / Latino4.3%(64)
Asian0%(0)
Other8.9%(133)
Diversity Score30.5%(457)
Diversity Score
30
+782%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
18.6%
+4.7 ptssince 2000
from 14.0% in 2000
US average: 35.6%
High school or higher
94.1%
+18.5 ptssince 2000
from 75.5% in 2000
US average: 89.6%
Graduate degree
2.8%
−0.3 ptssince 2000
from 3.1% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
14.2 min
+26%since 2000
from 11.3 min in 2000
US average: 26.5
Drive alone to work
73.8%
+8.9 ptssince 2009
from 64.9% in 2009
US average: 68.9%
Carpooled to work
15.1%
−1.4 ptssince 2009
from 16.5% in 2009
US average: 8.5%
Public transit
2.8%
+2.8 ptssince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
3.4%
−8.7 ptssince 2009
from 12.1% in 2009
US average: 15.0%
Walked to work
4.9%
+0.1 ptssince 2009
from 4.8% in 2009
US average: 2.4%
Biked to work
0.0%
−1.7 ptssince 2009
from 1.7% in 2009
US average: 0.4%
No vehicle available
6.1%
+1.5 ptssince 2009
from 4.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−18.1 ptssince 2011
from 18.1% in 2011
US average: 5.2%
Labor force participation
45.6%
−17.3 ptssince 2011
from 62.9% in 2011
US average: 63.5%
Self-employed
7.3%
−24.0 ptssince 2009
from 31.2% in 2009
US average: 13.1%
Management & professional
22.2%
−40.1 ptssince 2009
from 62.2% in 2009
US average: 42.5%
Section 08

People & community

Male
48.1%
−1.4 ptssince 2009
from 49.4% in 2009
Female
51.9%
+1.4 ptssince 2009
from 50.6% in 2009
Foreign born
0.0%
−0.9 ptssince 2009
from 0.9% in 2009
US average: 14.1%
Veterans
12.1%
−35.9 ptssince 2009
from 48.0% in 2009
US average: 6.2%
With a disability
30.8%
+17.1 ptssince 2012
from 13.7% in 2012
US average: 13.3%
Uninsured
4.3%
−74.8 ptssince 2013
from 79.1% in 2013
US average: 8.4%
Broadband at home
81.1%
+17.7 ptssince 2017
from 63.4% in 2017
US average: 91.0%
English only at home
97.5%
−1.3 ptssince 2016
from 98.8% in 2016
US average: 77.7%
Spanish at home
1.1%
+1.1 ptssince 2016
from 0.0% in 2016
US average: 13.6%
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Frequently asked

How many people live in Thompson Falls, Montana?

Thompson Falls, Montana has about 1,500 residents according to the 2024 American Community Survey.

What is the median household income in Thompson Falls, Montana?

The typical household in Thompson Falls, Montana earns about $46,313 a year. Half of households make more than that, and half make less.

Is Thompson Falls, Montana expensive?

In Thompson Falls, Montana, the median home is worth about $266,400, and the typical rent is about $543 a month.

How educated are people in Thompson Falls, Montana?

About 18.6% of adults age 25 and over in Thompson Falls, Montana hold a bachelor's degree or higher.

What is the poverty rate in Thompson Falls, Montana?

About 6.5% of people in Thompson Falls, Montana live below the federal poverty line.

Has Thompson Falls, Montana grown since 1990?

Yes, Thompson Falls, Montana has grown since 1990. The population has added about 181 residents, a change of about 14 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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