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.

A high school education is a basic prerequisite for most jobs, and in Thompson Falls, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. 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. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Thompson Falls, only 16% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Thompson Falls is 0, which is 100% lower than national average. 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.