Living in Thief River Falls, Minnesota
Cost of living, income, home prices, rent and demographics of Thief River Falls · Census data 2020–2024
Thief River Falls has 8,823 residents with a median age of 37.8. The median household income is $71,144 (20% lower than the Minnesota median), the median home value is $175,400, the median rent is $838/month.
Thief River Falls at a glance
- Population
- 8,823
- Median age
- 37.8State: 38.8
- Median household income
- $71,144State: $89,062
- Median home value
- $175,400State: $329,300
- Median rent
- $838/moState: $1,280
- Homeowners
- 63.7%
- Bachelor's degree or higher
- 21.2%
- Average commute
- 10 min
Is Thief River Falls a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 10 minutes; unemployment of 2.7%.
Cons: Median household income 20% lower than the Minnesota median; a poverty rate of 12.2%.
The weather is best in June to September.
Cost of living in Thief River Falls
Housing is the biggest part of the cost of living. In Thief River Falls the median home value is $175,400, 47% lower than the U.S. median. Renters pay a median of $838 per month, which is 25.5% of household income. Homeowners with a mortgage pay $1,383 a month in housing costs.
Thief River Falls median household income
The median household income in Thief River Falls is $71,144 and the income per person is $40,447. 12.2% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Thief River Falls: homes for sale and rent
- Housing units
- 4,601
- Owner-occupied
- 63.7%
- Renter-occupied
- 36.3%
- Vacant
- 8.8%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.03
Thief River Falls demographics
- Population
- 8,823
- Median age
- 37.8
- Under 18
- 19.4%
- 65 and older
- 19.6%
- Households
- 4,198
- Foreign-born
- 4.5%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Thief River Falls ›
Education in Thief River Falls
21.2% of adults 25 and older in Thief River Falls have a bachelor's degree or higher (Minnesota: 39.4%), and 5.6% have a graduate or professional degree.
Jobs and commute in Thief River Falls
- Unemployment rate
- 2.7%State: 4.1%
- Average commute
- 10 minState: 23 min
- Work from home
- 8.2%
- Drive alone
- 74.8%
- Public transit
- 0.4%
- Walk to work
- 2.9%
- Homes with broadband
- 87%
Thief River Falls vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Thief River Falls | 8,823 | $71,144 | $175,400 | $838 |
| St. Hilaire | 259 | $75,000 | $179,500 | $1,056 |
| Viking | 125 | $76,607 | $127,500 | — |
| Plummer | 369 | $76,458 | $125,000 | $810 |
| Red Lake Falls | 1,348 | $64,342 | $139,300 | $511 |
| Newfolden | 332 | $64,583 | $121,300 | $817 |
| Brooks | 133 | $62,143 | $96,800 | $470 |
| Middle River | 319 | $76,250 | $101,900 | $408 |
| Oklee | 383 | $62,188 | $122,000 | $604 |
More for people moving to Thief River Falls
Thief River Falls ZIP code ›Weather and climate ›Living in Thief River Falls: FAQ
What is the median household income in Thief River Falls, MN?
The median household income in Thief River Falls is $71,144, 20% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Thief River Falls?
The median home value in Thief River Falls is $175,400, compared with $329,300 in Minnesota.
How much is rent in Thief River Falls?
The median gross rent in Thief River Falls is $838 per month, about 25.5% of household income.
Is Thief River Falls, MN a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 10 minutes; unemployment of 2.7%. Minuses: median household income 20% lower than the Minnesota median; a poverty rate of 12.2%.
What is the median age in Thief River Falls?
The median age in Thief River Falls is 37.8 years (Minnesota: 38.8).
How long is the commute in Thief River Falls?
The average commute to work in Thief River Falls is 10 minutes; 8.2% of workers work from home.
What is the unemployment rate in Thief River Falls?
The unemployment rate in Thief River Falls is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Thief River Falls?
21.2% of adults in Thief River Falls have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: