HomeMontanaGallatin CountyThree Forks city
Three Forks city, Montana: commercial real estate data.
Three Forks city is a Census city of 1,919 people across 1.44 square miles of land, in Gallatin County. Median household income is $79,784, 73.2 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $589,500.
76 sourced place values · tier FULL · 8 sections
Three Forks
What Three Forks is
- Census place typecity
- Land area1.44 sq mi
- Water area0.06 sq mi
- Population per square mile of land1,334 plus or minus 274
- County holding the largest share of its areaGallatin 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.
Three Forks
How many people live in Three Forks
- Population1,919 plus or minus 394
- Median age41.4 plus or minus 17.0
- Population under 18347 plus or minus 134
- Share under 1818.1 percent plus or minus 5.9
- Population 65 and over419 plus or minus 140
- Share 65 and over21.8 percent plus or minus 5.8
- Households891
- Family households476 plus or minus 144
- Share of households that are families53.4 percent plus or minus 13.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Three Forks
Income and work in Three Forks
- Median household income$79,784 plus or minus $16,819
- Per capita income$39,088
- Civilian labor force1,099 plus or minus 297
- Employed1,099 plus or minus 297
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over1,413
- Adults 25 and over with a high school diploma or higher97.7 percent
- Adults 25 and over with a bachelor degree or higher21.0 percent plus or minus 8.2
- Adults 25 and over with a graduate degree0.8 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Three Forks
Housing in Three Forks
- Housing units898
- Occupied units891
- Vacant units7 plus or minus 11
- Vacancy rate0.8 percent plus or minus 1.2
- Owner occupied652 plus or minus 147
- Renter occupied239 plus or minus 99
- Ownership rate73.2 percent
- Median owner-occupied home value$395,800
- Median gross rent, monthly$1,330
- Annual rent as a share of median income20.0 percent plus or minus 4.4
- Single family units639 plus or minus 154
- Share single family71.2 percent
- Units in buildings of two or more57 plus or minus 60
- Share in buildings of two or more6.3 percent plus or minus 6.6
- Mobile homes202 plus or minus 109
- Median year structure built1985
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Three Forks
How Three Forks gets to work
- Workers 16 and over who commute979 plus or minus 290
- Commuting under 15 minutes385 plus or minus 195
- Share commuting under 15 minutes39.3 percent plus or minus 16.1
- Commuting 30 minutes or more450 plus or minus 187
- Share commuting 30 minutes or more46.0 percent plus or minus 13.5
- Drove alone82.2 percent
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked6.8 percent plus or minus 6.7
- Worked from home9.0 percent plus or minus 7.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Three Forks
SBA 7(a) lending to Three Forks borrowers
- Approvals4
- Gross approval$589,500
- Average approval$147,375
- Median approval$50,000
- Ninetieth percentile approval$485,000
- Largest approval$485,000
- Jobs supported5
- Jobs per approval1.3
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term60 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS3
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Three Forks
SBA 504 lending to Three Forks borrowers
- Approvals3
- Gross approval$5,112,000
- Average approval$1,704,000
- Median approval$232,000
- Largest approval$4,723,000
- Jobs supported58
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Gallatin County, not Three Forks
Gallatin County context, not Three Forks figures
These are Gallatin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Three Forks measurements.
- Establishments in Gallatin County6,828
- Employment at those establishments, Gallatin County59,252
- Covered employment, Gallatin County73,217
- Average annual pay, Gallatin County$66,213
- Average weekly wage, Gallatin County$1,273
- Housing units permitted, Gallatin County1,706
- Of those, single family, Gallatin County1,006
- County product, 2024, Gallatin County$11,875,417,000
- County product change over the prior year, Gallatin County7.9 percent
- Average income of an arriving household, Gallatin County$128,102
Every figure in this section is published for Gallatin County as a whole and is not a measurement of Three Forks. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Three Forks questions, answered from the record.
How many people live in Three Forks, Montana?
1,919, in 891 households. Three Forks city covers 1.44 square miles of land, which is 1,334 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Three Forks in?
Gallatin 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 Three Forks?
$79,784. The median owner-occupied home is valued at $395,800. Median gross rent is $1,330 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Three Forks businesses?
4 7(a) approvals totalling $589,500, across 1 lenders, median approval $50,000, plus 3 504 approvals worth $5.1 m. These count approvals to borrowers whose address is in Three Forks, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Three Forks borrowers get paid back?
No rate is published for Three Forks. only 4 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Three Forks figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Gallatin 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 Three Forks.
Is zoning published for Three Forks?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.