ZIP Code 56701 — Thief River Falls city, MN Demographics & Data

ZIP code 56701 covers Thief River Falls, MN in Pennington County with a population of about 12,814.

At a glance, the area shows median age of 40.1 (near the U.S. median).

It sits in telephone area code 218; U.S. House district MN-7; the FARGO - VALLEY CITY media market.

Thief River Falls, MN sits in a university / college context (near northland community and technical college (1.4 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 56701 is about $73,243 — about 3% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 9.6%; unemployment rate near 2.6%; 19.9% of adults with a bachelor’s degree or higher (about 13.8 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Wholesale trade, Manufacturing, and Retail trade; about 9.3% of workers reporting work-from-home (about 5.9 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $189,700 — about 46% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $779 (about 33% below the U.S. median rent ($1,163)), and owner-occupancy near 70.1% (about 4.7 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 56701 in Thief River Falls, MN, a household would need roughly $52,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,219. That sits below the local median household income ($73,243), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Thief River Falls city, MN as Relatively Low (composite score 47.0), which is near the middle of the national distribution. The strongest component scores on US5 are wildfire (82.3) and flood (67.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Thief River Falls city, MN show little to no average snow.

IRS migration statistics show a net inflow of about 910 for ZIP 56701 (Thief River Falls city, MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.