Thompson Falls, MT demographics:
population, income, and more
Thompson Falls population
How many people live in Thompson Falls
Thompson Falls is home to 1,500 residents, according to the most recent Census data. Gender-wise, 48.1% of Thompson Falls locals are male, and 51.9% are female.
Age demographics
The median age in Thompson Falls is 49, with the population distributed as follows: about 20.6% are children under 15, then 3.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 22.4% of the population, while another 23.4% fall into the 45 to 64 bracket. Finally, around 30.5% are 65 or older.
Racial makeup
There’s also a share of 12% that includes residents with two or more races.
Households in Thompson Falls
A peek inside Thompson Falls households
Thompson Falls has 623 households, with an average of 2 members in each. Of these, 62.8% are families, while the remaining 37.2% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Thompson Falls
The housing landscape of Thompson Falls
Thompson Falls's housing consists of 726 units, with 66.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 20.2% of the housing landscape.
The age of buildings in Thompson Falls
In Thompson Falls, the median construction year is 1975. About 15.4% of homes were built before the 1940s, with another 0.3% going up by 1949. Most development happened in the second half of the 20th century.
Thompson Falls occupancy rates
Out of the 623 occupied housing units in Thompson Falls, 73.4% are owner-occupied, while 26.6% are lived in by tenants. Meanwhile, 14.2% of all homes on the local market sit vacant.
Thompson Falls housing costs
Housing costs in Thompson Falls come to a median of $633 per month, while tenants specifically pay a median gross rent of $543.
Education in Thompson Falls
Thompson Falls education at a glance
About 52.4% of the population in Thompson Falls went to high school, while 22.6% pursued college studies. Another 5.2% earned an associate degree and 15.4% hold a bachelor’s. Meanwhile, 2.7% went even further, earning a master’s or doctorate.
Income in Thompson Falls
How much people earn in Thompson Falls
The average annual household income in Thompson Falls was $58,256 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -1.4% change from the previous year. At the same time, the median income stood at $46,313, reflecting a -13% shift over the same period.
Thompson Falls income by age
Those with someone between 45 and 64 in charge, often well established professionally, earn $49,167 overall. Overall, 93.5% of the locals in this community live above the poverty line.
Average renter income in Thompson Falls
To get a better sense of what renters earn on average in Thompson Falls, their median household income was $27,596 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 23.6%, shows what portion of their earnings goes toward housing expenses.
Employment in Thompson Falls
Workforce and job types in Thompson Falls
The job market in Thompson Falls is powered by 537 working residents, spread across a range of industries and roles. 71.3% of the working population are employed in professional or administrative positions, while 28.7% are in hands-on or service-based jobs. Also, 5% run their own businesses, 63.1% are employed by private companies, and 15.8% work in the public sector.
Workforce demographics
Transportation in Thompson Falls
How people get around in Thompson Falls
Commuting methods vary: 88.9% of residents travel by personal vehicle and 4.9% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Thompson Falls by zipcode?
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FAQs about Thompson Falls demographics
What is the total population of Thompson Falls?
What is the gender ratio in Thompson Falls?
- 48.1% males (721 residents)
- 51.9% females (779 residents)
What is the median age in Thompson Falls?
What is the age distribution of the population in Thompson Falls?
- Under 15: 20.6% (309 residents)
- Ages 15-24: 3.1% (47 residents)
- Ages 25-44: 22.4% (336 residents)
- Ages 45-64: 23.4% (351 residents)
- Over 65: 30.5% (457 residents)
What is the racial and ethnic makeup of Thompson Falls?
- White: 86.4% (1,296 residents)
- Black or African American: 0.5% (7 residents)
- American Indian and Alaska Native: 1.1% (17 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 12% (180 residents)
- Other: 0% (0 residents)
What percentage of the population in Thompson Falls are U.S.-born citizens?
How many housing units are there in Thompson Falls?
How many households are in Thompson Falls and what is the average household size?
What is the median household income in Thompson Falls?
What is the job market overview for Thompson Falls?
Job types:
- White-collar workers: 71.3% (383 residents)
- Blue-collar workers: 28.7% (154 residents)
Places of employment:
- Self-employed: 5% (27 residents)
- Private companies: 63.1% (339 residents)
- Governmental workers: 15.8% (85 residents)
- Not-for-profit companies: 16% (86 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.