Montana · Census place 73825
Thompson Falls city, MT
Quick answer
Thompson Falls city has 1,568 residents, ranking #70 of 497 places in Montana. Median household income is $53,203, the median home is worth $182,200 and median gross rent runs $575 a month.
- Population
- 1,568Thompson Falls city residents
- Median household income
- $53,203Past 12 months, inflation adjusted
- Median home value
- $182,200Owner-occupied units
- Median gross rent
- $575Rent plus utilities, monthly
- Median age
- 47.2 yrsAll residents
- Homeownership rate
- 78%Owner-occupied households
What the numbers mean in Thompson Falls city
Housing cost measured against local earnings.
A household earning the Thompson Falls city median would spend about 13% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.7% of residents and 78% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Montana.
- Plentywood city 1,677
- Frenchtown CDP 1,629
- Helena West Side CDP 1,584
- Baker city 1,535
- Big Timber city 1,530
- Sun Prairie CDP 1,514
- Fort Benton city 1,470
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More Montana coverage.