HomeMinnesotaPennington CountyThief River Falls
Thief River Falls, Minnesota: commercial real estate data.
Thief River Falls is a Census city of 8,823 people across 6.00 square miles of land, in Pennington County. Median household income is $71,144, 63.7 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $7.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Thief River Falls
What Thief River Falls is
- Census place typecity
- Land area6 sq mi
- Water area0.18 sq mi
- Population per square mile of land1,470
- County holding the largest share of its areaPennington County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thief River Falls
How many people live in Thief River Falls
- Population8,823
- Median age37.8
- Population under 181,716
- Share under 1819.4 percent
- Population 65 and over1,733
- Share 65 and over19.6 percent
- Households4,198
- Family households2,115
- Share of households that are families50.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thief River Falls
Income and work in Thief River Falls
- Median household income$71,144
- Per capita income$40,447
- Civilian labor force5,059
- Employed4,924
- Unemployed135 plus or minus 66
- Unemployment rate2.7 percent plus or minus 1.3
- Adults 25 and over6,168
- Adults 25 and over with a high school diploma or higher94.6 percent
- Adults 25 and over with a bachelor degree or higher21.2 percent
- Adults 25 and over with a graduate degree5.6 percent plus or minus 1.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thief River Falls
Housing in Thief River Falls
- Housing units4,601
- Occupied units4,198
- Vacant units403 plus or minus 183
- Vacancy rate8.8 percent plus or minus 4.0
- Owner occupied2,675
- Renter occupied1,523
- Ownership rate63.7 percent
- Median owner-occupied home value$175,400
- Median gross rent, monthly$838
- Annual rent as a share of median income14.1 percent
- Single family units2,845
- Share single family61.8 percent
- Units in buildings of two or more1,525
- Share in buildings of two or more33.1 percent
- Mobile homes231 plus or minus 84
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thief River Falls
How Thief River Falls gets to work
- Workers 16 and over who commute4,379
- Commuting under 15 minutes3,769
- Share commuting under 15 minutes86.1 percent
- Commuting 30 minutes or more315 plus or minus 107
- Share commuting 30 minutes or more7.2 percent plus or minus 2.4
- Drove alone74.8 percent
- Carpooled9.9 percent plus or minus 2.9
- Public transport0.4 percent plus or minus 0.5
- Walked2.9 percent plus or minus 1.5
- Worked from home8.2 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thief River Falls
SBA loans in Thief River Falls (7(a))
- Approvals9
- Gross approval$7,206,900
- Average approval$800,767
- Median approval$347,000
- Largest approval$2,076,000
- Jobs supported92
- Jobs per approval10.2
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term299 months
- Share on real estate terms of 20 years or more66.7 percent
- Share to franchises33.3 percent
- Distinct lenders7
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Thief River Falls, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Thief River Falls
SBA loans in Thief River Falls (504)
- Approvals6
- Gross approval$6,109,000
- Average approval$1,018,167
- Median approval$856,000
- Largest approval$1,821,000
- Jobs supported94
- Loans with a final outcome2
- Charged off0
- Median term270 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Thief River Falls, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Thief River Falls
Flood risk in Thief River Falls
- NFIP communityCity of Thief River Falls
- NFIP community number270344
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/01/22
The City of Thief River Falls participates in the National Flood Insurance Program as community 270344 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Pennington County, not Thief River Falls
Pennington County context, not Thief River Falls figures
- Establishments in Pennington County365
- Covered employment, Pennington County9,793
- Average annual pay, Pennington County$55,946
- Housing units permitted, Pennington County10
Every figure in this section is published for Pennington County as a whole and is not a measurement of Thief River Falls.
All Pennington County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Thief River Falls questions, answered from the record.
How many people live in Thief River Falls, Minnesota?
8,823, in 4,198 households. Thief River Falls city covers 6.00 square miles of land, which is 1,470 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Thief River Falls in?
Pennington County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Thief River Falls?
$71,144. The median owner-occupied home is valued at $175,400. Median gross rent is $838 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Thief River Falls businesses?
9 7(a) approvals totaling $7.2 m since FY2020, across 7 lenders, median approval $347,000, plus 6 504 approvals worth $6.1 m since FY2010. These count approvals to borrowers whose address is in Thief River Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Thief River Falls borrowers get paid back?
No rate is published for Thief River Falls. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Thief River Falls in the National Flood Insurance Program?
Yes. Thief River Falls appears in the FEMA Community Status Book as Thief River Falls, city of, community 270344, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Thief River Falls figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Pennington County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Thief River Falls.
Is zoning published for Thief River Falls?
No. Nothing on this page presents parcel level zoning.
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