Pros and Cons of Living In Thompson Falls, Montana. Is Thompson Falls, MT a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Thompson Falls, Montana

Moving to Thompson Falls In Montana ? Is Thompson Falls, MT a Nice Place To Live? Pros and Cons of Living in Thompson Falls, Montana. Find out the best and worst about to live, raise a family or retire in Thompson Falls.

DEMOGRAPHICS

Population
1460
Unemployment
9%
91% NAT AVG.
Poverty
20.2%
44% NAT AVG.

ECONOMICS

Median Home Cost
$163900
29% NAT AVG.
Median Income
$33516
50% NAT AVG.
Median Rent
$725
38% NAT AVG.
Overall Score
5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 11
People Earning < $10,000
1 in 17
People Earning < $50,000
65.1%
People With Any Degree
1 in 4.5

ETHNICITY

Ethnicity Thompson Falls USA
White 92.7% 60.1%
African American 0% 12.2%
American Indian 0.9% 0.6%
Asian 0% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.5% 2.8%
Hispanic 4.9% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Thompson Falls USA
Less than $10,000 6% 5.8%
$10,000 to $14,999 10.1% 4.1%
$15,000 to $24,999 14.8% 8.5%
$25,000 to $34,999 20.8% 8.6%
$35,000 to $49,999 13.4% 12.0%
$50,000 to $74,999 17.5% 17.2%
$75,000 to $99,999 10.5% 12.8%
$100,000 to $149,999 3.4% 15.6%
$150,000 to $199,999 1.6% 7.1%

EDUCATION

Education Thompson Falls USA
< 9th Grade 1% 5.0%
9-12th Grade 10% 7.0%
High School or GED 46% 27.0%
Other College 21% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 11% 20.0%
Master's Degree 4% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Thompson Falls is a city in Montana state in USA with a population of 1460 residents.. The poverty rate of Thompson Falls is 20.2%, which is 44% higher than national average. The typical household in Thompson Falls earns $33516 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 17 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 65.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Thompson Falls remained 9%, which is 91% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Thompson Falls is 0, which is 100% lower than national average. In Thompson Falls, only 16% of adults have a bachelor's degree and 27% have some college but no degree. Median home value in Thompson Falls is $163900 , which is 29% lower than national average. While median income in Thompson Falls remained $33516, which is 50% lower than national average.
Thompson Falls Scorecard

Jobs40%

Housing60%

Affordability40%

Safety50%

Amenities50%

Diversity50%

Education60%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS