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Thompson Falls High

Learn about the people, housing, costs and businesses in Thompson Falls High, Montana

Median Home$353,026
Median Rent$625/month
Population4,089
Leading IndustriesManufacturing · Transportation · Information & Media1% manufacturing
Home Value Growth-4.8% over 2 years
Retirees24% of residentsabove average nationally
Homeowners89% of occupied units
NotableVeteran Community9% of residents · top 10% nationally
Thompson Falls High
MT

Explore Thompson Falls High

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Thompson Falls High?

As of today, the 30-year fixed mortgage rate for Thompson Falls High is approximately 6.905% (6.941% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Thompson Falls High?

The median home value in Thompson Falls High is $353k. The median monthly rent is $625. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Thompson Falls High?

Home values in Thompson Falls High have decreased 4.8% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Thompson Falls High?

Based on a typical all-in ownership cost of $624/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thompson Falls High is $64k/year.

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What industries drive the economy in Thompson Falls High?

The largest employment sectors in Thompson Falls High are public administration (22%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.