Thief River Falls, Minnesota

2026 Edition · 10 cards · data as of Oct 30, 2026

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  1. Population

    Steady. Within 1% of 2020, every year since.

    8,799

    people, the 114th-largest of Minnesota's cities and towns.

    Census Population Estimates, 2025. Rank among Minnesota's cities and towns computed by the Almanac. Sources: Census Population Estimates

  2. The workday

    6 in 10 jobs here go to people who live somewhere else.

    63.2%

    of 9,155 jobs located in Thief River Falls are filled by in-commuters.

    Census LEHD LODES, 2023. Sources: Census LEHD LODES

  3. Rent

    Median rent is up 73% since the 2005–2009 survey, before inflation.

    $838

    a month. Minnesota's median is $1,280.

    Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

  4. The seam

    Cross one tract line and median rent jumps $311.

    A $311 gap between neighbors, the sharpest rent edge between adjacent tracts in Pennington County.

    • $809 Tract 904
    • $1,120 Tract 903

    Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

  5. Room to build

    Local wages can carry more rent than the median charged today.

    $1,285–$1,928

    is the monthly rent range local workforce wages support.

    • $838 median

    Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

  6. Building

    Most of the housing here is older than 2000.

    • 459 homes permitted in ten years, 2016–2025
    • 86% of those were in multifamily buildings
    • 80% of all homes were built before 2000

    Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year

  7. Units needed

    Closing the gap would add 0.3–2.0% to the 4,601 homes here.

    13–92

    is the estimated number of missing housing units, from the lowest to the highest of three estimates.

    Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

  8. Home value

    A median home costs 47% less than Minnesota's.

    $175,400

    median home value in Thief River Falls.

    • $175,400 Thief River Falls
    • $329,300 Minnesota
    • $332,700 U.S.

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

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ZIP codes in Thief River Falls