Median Household Income
$45,250 ± $6,870
Median Home Value
$86,300 ± $7,279
Median Gross Rent
$641 ± $64/mo
Per Capita Income
$33,242
Poverty Rate
21.2%
Unemployment Rate
2.5%
Homeownership Rate
66.7%
Bachelor's Degree or Higher
9.9%
Median Age
51.1
Average Commute
32 min
Households
774
Veterans
132
Population Over Time
Montpelier shrank 17.8% from 2014 to 2024.
2014
1,864
2016
1,718
2018
1,837
2020
1,790
2022
1,470
2024
1,533
Population by Race & Ethnicity
White
96.9%
Hispanic or Latino
0.6%
Black or African American
0.8%
Asian
0.8%
Nearby Cities in Indiana
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.