Thompson Falls city, Montana Demographics & Population 2026

Population Overview

Thompson Falls city is a small community located in Montana. The total population is 1,568. It ranks as the 70th most populous out of 470 cities and towns in Montana.

Age Demographics

The median age in Thompson Falls city is 47.2 years. This is 17% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Thompson Falls city is $53,203. This is 24% lower than the state median of $69,922. Compared to the national median of $78,538, household income here is 32% lower. The poverty rate stands at 7.7%. This is 36% lower than the state poverty rate of 12.0%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.8%. The median home value is $182,200. Housing costs are 46% lower than the state median of $338,100. The home-value-to-income ratio is 3.4x. 78.0% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 69.4%.

Race & Ethnicity

Thompson Falls city has a predominantly White (non-Hispanic) population, comprising 85.4% of all residents. Hispanic or Latino residents account for 5.9%.

Education

19.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.1%.

Data Sources & Methodology

All demographic data for Thompson Falls city, Montana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 470 Census-designated places in Montana. For official data, visit data.census.gov.