What percentage of people rent in Thompson Falls, MT?
26.6% (±10.6 points) of the occupied homes in Thompson Falls, MT are rented (2020–2024 American Community Survey).
That is 166 renting households against 457 that own their home.
In Thompson Falls, the share of households that rent went from 42.0% in 2015–2019 to 26.6% in 2020–2024 (−15.4 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 26.6% (±10.6 points)
- Renting households
- 166 (±69)
- Median renter income
- $27,368 (±$9,011)
Who rents and who owns in Thompson Falls
| Thompson Falls | Sanders County | Montana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 26.6% (±10.6 points) | 18.7% (±3.1 points) | 30.8% (±0.5 points) | 34.8% |
| Renting households | 166 (±69) | 1,020 (±181) | 141,459 (±2,303) | 45,017,354 |
| Owning households | 457 (±146) | 4,431 (±197) | 317,400 (±3,818) | 84,210,142 |
| Average renter household size | 1.7 (±0.5) | 2.2 (±0.3) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.4) | 2.4 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $27,368 (±$9,011) | $28,304 (±$5,273) | $48,192 (±$1,103) | $52,966 |
| Median owner household income | $57,120 (±$18,314) | $64,447 (±$4,164) | $85,804 (±$1,088) | $100,009 |
In Thompson Falls, the renter share is not measurably different from Sanders County (18.7%).
It is not measurably different from Montana (30.8%).
It is not measurably different from the national figure (34.8%).
In Sanders County, Thompson Falls ranks 3 of 3 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 87 of 167.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Thompson Falls has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 42.0% (±10.8 points) | 26.6% (±10.6 points) | −15.4 percentage points | Measurable decrease |
| Median gross rent | $725 (±$176) | $543 (±$142) | −25.1% | Down after inflation |
| Median household income | $33,516 (±$5,472) | $46,313 (±$12,402) | +38.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Thompson Falls
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Thompson Falls | — | 26.6% (±10.6 points) | — |
| Mullan | 23 mi | 15.4% (±10.8 points) | Not measurably different |
| Plains | 23 mi | 46.9% (±14.1 points) | Higher |
| Wallace | 28 mi | 42.4% (±11.3 points) | Higher |
| Hot Springs | 31 mi | 35.8% (±8.7 points) | Not measurably different |
| Osburn | 31 mi | 18.2% (±7.2 points) | Not measurably different |
| Superior | 35 mi | 34.7% (±11.0 points) | Not measurably different |
| Kellogg | 37 mi | 51.5% (±8.1 points) | Higher |
| Wardner | 37 mi | 49.6% (±22.3 points) | Not measurably different |
Nearby places with a measurably higher figure: Plains, MT (46.9%), Wallace, ID (42.4%), Kellogg, ID (51.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Sanders County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Plains | 46.9% (±14.1 points) |
| 2 | Hot Springs | 35.8% (±8.7 points) |
| 3 | Thompson Falls | 26.6% (±10.6 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Thompson Falls
How many renters are there in Thompson Falls?
Thompson Falls has an estimated 166 (±69) renting households, 26.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Thompson Falls?
In Thompson Falls, the share of households that rent went from 42.0% in 2015–2019 to 26.6% in 2020–2024 (−15.4 percentage points), a measurable decrease.
How big are renting households in Thompson Falls?
A renting household in Thompson Falls has 1.7 people on average, against 2.6 in an owned home.
How much do renters earn in Thompson Falls?
The median renting household in Thompson Falls, MT has an income of $27,368 (±$9,011) a year, against $57,120 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Thompson Falls city, Montana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Thompson Falls city, Montana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Thompson Falls city, Montana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Thompson Falls city, Montana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Thompson Falls city, Montana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Thompson Falls city, Montana (place:73825, in state:30).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Thompson Falls at a glance
- Median rent in Thompson Falls
- Income and affordability in Thompson Falls
- Home values in Thompson Falls
- Homeowner costs in Thompson Falls
- Property taxes in Thompson Falls
- Types of homes in Thompson Falls
- Bedrooms in Thompson Falls
- Age of homes in Thompson Falls
- Heating fuel in Thompson Falls
- Commute and cars in Thompson Falls
- Crime reported to police in Thompson Falls
- Population growth in Thompson Falls
- Montana landlord and tenant rules
- Housing across Sanders County
- Montana places ranked by share of renters
- Housing data for every place in Montana