Fallon County, Montana: commercial real estate data.
Fallon County, Montana has a population of 2,760 across 1,621 square miles, down 3.4 percent since the 2020 census base. 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.
100 sourced county values · tier FULL · 10 sections
Fallon County
How many people live in Fallon County
- Population2,760
- 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-equivalents3055th
Fallon County is the 42nd largest of 56 Montana counties by population. A median home costs 3.2 times median household income, which is an affordable ownership market 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 growing
- Population change since the 2020 census base-3.38 percent
- Census 2020 base population3,049
- 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
The county has lost 3.38 percent of its population since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Fallon County
Where people moving to Fallon County come from
- Tax returns filed by households arriving41
- People arriving, from those returns93
- Adjusted gross income arriving$1.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$43,707
- Largest single originFallon County Non-migrants (1,062 households)
- Largest single destination (1,062 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Fallon County Non-migrants | 1,062 | 2,432 | $80.4 m |
| Other flows - Same State | 41 | 93 | $1.8 m |
The largest single source of arrivals is Fallon County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Fallon County
What the Fallon County economy runs on
- 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 Montana counties40th
- Rank by GDP among US county-equivalents2858th
- 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
Who employs people in Fallon County
- Covered employment, annual average1,259
- Establishments reporting183
- Average annual pay$59,334
- Average weekly wage$1,141
- Sector 21, employment198
- Sector 21, average annual pay$105,485
- Sector 44-45, employment160
- Sector 44-45, average annual pay$26,405
- Sector 23, employment110
- Sector 23, average annual pay$77,471
- Sector 48-49, employment104
- Sector 48-49, average annual pay$86,805
- Sector 81, employment55
- Sector 54, employment34
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 21 | 198 | 13 | $105,485 |
| Sector 44-45 | 160 | 13 | $26,405 |
| Sector 23 | 110 | 23 | $77,471 |
| Sector 48-49 | 104 | 19 | $86,805 |
| Sector 81 | 55 | 17 | $22,264 |
| Sector 54 | 34 | 12 | $56,993 |
| Sector 11 | 21 | 8 | $36,180 |
| Sector 56 | 21 | 6 | $28,829 |
The largest sector is the biggest private employer group at 198 jobs, 15.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Fallon County
What businesses operate 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.
US Census Bureau, County Business Patterns, 2023.
Fallon County
What is being built in Fallon County
- Housing units authorised by permit, 20240
- Declared construction value permitted$0
- Single family units authorised0
- Multifamily units authorised0
No residential units were authorised 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
How much SBA lending happens in Fallon County
- 7(a) approvals recorded3
- 7(a) gross approval dollars$1.5 m
- Average 7(a) approval$506,333
- Median 7(a) approval$700,000
- 10th percentile approval$50,000
- 90th percentile approval$769,000
- 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
- Leading industry by approval countHardware Stores (2)
- Most active lenderFirst Interstate Bank (2)
The average approval of $506,333 sits close to the median of $700,000, so lending here is fairly evenly sized rather than driven by a few large deals. 33.3 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
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
Too few loans have reached a final outcome to publish a charge off rate. only 1 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fallon County
How big 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 boundary4
- 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.
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.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
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.
- Population2,760
- 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?
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 growing?
The population has fallen 3.38 percent since the 2020 census base. 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 there 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 the average wage in Fallon County?
Average annual pay is $59,334, or $1,141 a week, across 1,259 covered jobs. 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 totalling $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.
What is being built in Fallon County?
No residential units were authorised 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.
Where do people moving to Fallon County come from?
The largest single origin is Fallon County Non-migrants, with 1,062 households. Arriving households report an average income of $43,707 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.