Fallon County, Montana: commercial real estate data.
Fallon County, Montana had an estimated 2,946 residents on July 1, 2024, down 3.4 percent since the 2020 census base of 3,049, across 1,621 square miles. County output reached $223.5 m in 2024, 127 establishments operate here, and the SBA record carries 3 7(a) approvals worth $1.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Fallon County
How many people live in Fallon County
- Population, American Community Survey 2020-20242,760
- Households1,178
- Average household size2.34
- Median household income$76,250
- Median age37.5
- Median gross rent$779 per month
- Median owner-occupied home value$244,800
- Home value to household income3.2 times
- Annual rent as a share of median income12.3 percent
- Adults 25 and over with a bachelor degree or higher16.2 percent
- Adults 25 and over with a graduate degree2.8 percent
- Adults 25 and over1,860
- Population under 18653
- Share under 1823.7 percent
- Population 65 and over614
- Share 65 and over22.2 percent
- Working age population, 18 to 641,493
- Civilian labor force1,254
- Unemployment rate0.0 percent
- Labor force participation, adults 18 and over59.5 percent
- Rank by population among Montana counties42nd of 56
- Rank by population among US county-equivalents, Puerto Rico included3055th of 3,222
Fallon County is the 42nd largest of 56 Montana counties by population. A median home costs 3.2 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 23.7 percent against 22.2 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Fallon County
Is Fallon County's population growing?
- Population, July 1, 20242,946
- Census 2020 base population3,049
- Population change since the 2020 census base-3.38 percent
- Population change, 2023 to 2024-53
- Births, 202439
- Deaths, 202436
- Natural change, 20243
- Net domestic migration, 2024-54
- Net international migration, 2024-1
- Total net migration, 2024-55
- Cumulative net domestic migration, 2021 to 2024-98
- Rank by growth among US county-equivalents2802nd of 3,144
The county has lost 3.38 percent of its population since the 2020 census base. More people left than moved in during 2024 and births over deaths did not make up the difference, so the population fell.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Fallon County
Where are people moving to Fallon County from?
- Tax returns filed by households arriving41
- People arriving, from those returns93
- Tax returns filed by households leaving44
- Net household movement-3
- Adjusted gross income arriving$1.8 m
- Net adjusted gross income movement$-1.1 m
- Average income of an arriving household$43,707
- Average income of a leaving household$65,795
| Origin | Households | People | Adjusted gross income |
|---|
Households arriving report $22,088 less average income than households leaving, which drains spending power even where headcount holds up.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Fallon County
What is the Fallon County economy?
- County GDP, 2024$223.5 m
- County GDP, 2023$228.6 m
- GDP change, 2023 to 2024-2.2 percent
- GDP change over five years34.8 percent
- Rank by GDP among the Montana areas BEA publishes40th of 56
- Rank by GDP among the US county areas BEA publishes2858th of 3,127
- GDP per resident$80,981
Output grew -2.2 percent in the latest year and 34.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Fallon County
Employment by industry in Fallon County
- Covered employment, annual average1,259
- Establishments reporting183
- Average annual pay$59,334
- Average weekly wage$1,141
- Mining, quarrying, and oil and gas extraction, employment198
- Mining, quarrying, and oil and gas extraction, average annual pay$105,485
- Retail trade, employment160
- Retail trade, average annual pay$26,405
- Construction, employment110
- Construction, average annual pay$77,471
- Transportation and warehousing, employment104
- Transportation and warehousing, average annual pay$86,805
- Other services, except public administration, employment55
- Professional, scientific and technical services, employment34
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Mining, quarrying, and oil and gas extraction | 198 | 13 | $105,485 |
| Retail trade | 160 | 13 | $26,405 |
| Construction | 110 | 23 | $77,471 |
| Transportation and warehousing | 104 | 19 | $86,805 |
| Other services, except public administration | 55 | 17 | $22,264 |
| Professional, scientific and technical services | 34 | 12 | $56,993 |
| Agriculture, forestry, fishing and hunting | 21 | 8 | $36,180 |
| Administrative and support and waste management services | 21 | 6 | $28,829 |
Mining, quarrying, and oil and gas extraction is the largest private sector at 198 jobs, 15.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Fallon County
How many businesses are in Fallon County?
- Establishments, all industries127
- Employment at those establishments952
- Annual payroll$66.4 m
- Establishments per 1,000 residents46.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Fallon County
Building permits in Fallon County
- Housing units authorized by permit, 20240
- Declared construction value permitted$0
- Single family units authorized0
- Multifamily units authorized0
No residential units were authorized by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Fallon County
SBA loans in Fallon County (7(a) and 504)
- 7(a) approvals recorded3
- 7(a) gross approval dollars$1.5 m
- Average 7(a) approval$506,333
- Median 7(a) approval$700,000
- Largest single approval$769,000
- Jobs reported supported, 7(a)39
- Jobs per approval13.0
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer33.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter2
- Franchise loans2
- Franchise share of approvals66.7 percent
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fallon County
SBA loan default and charge-off rates in Fallon County
Do SBA loans in Fallon County get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Cancelled1
- Status: Paid in full1
- Status: Exempt from disclosure1
Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fallon County
How large is Fallon County?
- Land area1,621 sq mi
- Rank by land area among Montana counties45th of 56
- Width, east to west41.2 mi
- Height, north to south55.4 mi
- Geographies sharing a boundary8
- Residents per square mile of land2
- Establishments per square mile0.08
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Fallon County
Flood risk in Fallon County
- Participation of the county's own NFIP community Fallon County, unincorporated areasParticipating, community 300149
- Communities in the county in the NFIP Community Status Book2
- Of those, participating in the NFIP2
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Fallon County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Fallon County (community 300149), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Fallon County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Fallon County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Fallon County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20242,760
- Households1,178
- Average household size2.34
- Median household income$76,250
- Median age37.5
Common questions
Fallon County questions, answered from the record.
How many people live in Fallon County, Montana?
The Census Bureau estimates 2,946 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 2,760, in 1,178 households, ranking 42nd of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Fallon County's population growing?
The population has fallen 3.38 percent since the 2020 census base of 3,049, to 2,946 on July 1, 2024. In 2024 there were 39 births against 36 deaths, with net migration of -55. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Fallon County?
$76,250. The median owner-occupied home is valued at $244,800, which is 3.2 times income, and median gross rent is $779 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Fallon County?
127 establishments, employing 952 people with an annual payroll of $66.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Fallon County?
Mining, quarrying, and oil and gas extraction is the largest private sector at 198 jobs, 15.7 percent of covered employment. Covered employment averages 1,259 jobs at an average annual pay of $59,334, or $1,141 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Fallon County?
3 7(a) approvals totaling $1.5 m since FY2020, across 2 lenders, with a median approval of $700,000. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Fallon County?
No residential units were authorized by permit in 2024. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Fallon County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Are traffic counts available for Fallon County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Fallon County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Fallon County
Cities and places in Fallon.
2 Census places lie wholly or partly in Fallon County. All 2 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Baker | city | 1,489 | 3 | Wholly in this county |
| Plevna | town | 209 | None recorded | Wholly in this county |