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CITY

Montpelier

Iowa · 209 residents · 0.49 sq mi
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The short version

Montpelier has lower-than-average household income, with a median household income of $70,938. Population has declined 8% since 2023. 11% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $255,100. With a median age of 63.1, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 63.1
US median: 38.9
Less educated
11% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
209
−8%since 2023
from 228 in 2023
2020 – 2024
Population density
427 / sq mi
−8%since 2023
from 465 / sq mi in 2023
US average: 281
Median age
63.1
+7%since 2023
from 58.9 in 2023
US average: 38.9
Population, 2020 – 2024
14616819121323620202024Montpelier
2024209
20202024
Section 02

Income & economy

Median household income
$70,938
Unchangedinflation adjusted, since 2023
from $69,186 in 2023
US average: $82,259
2020 – 2024
Per capita income
$30,175
−10%since 2023
from $33,662 in 2023
US average: $44,673
Households earning $100K+
15.8%
−15.5 ptssince 2023
from 31.3% in 2023
US average: 53.3%
Poverty rate
4.8%
+1.3 ptssince 2023
from 3.5% in 2023
US average: 12.5%
Income inequality (Gini)
0.167
+18%since 2023
from 0.141 in 2023
US average: 0.476
Workforce by industry, 2024
Finance & insurance43.1%
US avg: 5.9%
Professional, scientific, technical43.1%
US avg: 5.1%
Information34.3%
US avg: 10.8%
Wholesale trade10.8%
US avg: 6.9%
Other services3.9%
US avg: 6.7%
Public administration3.9%
US avg: 4.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$255,100
−2%inflation adjusted, since 2023
from $253,500 in 2023
US average: $376,019
2020 – 2024
Owner-occupied
100.0%
+16.1 ptssince 2023
from 83.9% in 2023
0.0% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
10.5%
+2.0 ptssince 2023
from 8.5% in 2023
US average: 22.9%
Afford Score
3.6
−2%since 2023
from 3.7 in 2023
2020 – 2024
RELATED:See current rent listings in Montpelier on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic100%(228)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
2024
White, non-Hispanic100%(209)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
Diversity Score
0
from 0 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
11.0%
−0.4 ptssince 2023
from 11.4% in 2023
US average: 35.6%
High school or higher
74.6%
−0.6 ptssince 2023
from 75.2% in 2023
US average: 89.6%
Graduate degree
11.0%
−0.4 ptssince 2023
from 11.4% in 2023
US average: 14.0%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
48.8%
−4.3 ptssince 2023
from 53.1% in 2023
US average: 63.5%
Self-employed
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.1%
Management & professional
0.0%
−14.9 ptssince 2023
from 14.9% in 2023
US average: 42.5%
Section 08

People & community

Male
57.9%
−2.6 ptssince 2023
from 60.5% in 2023
Female
42.1%
+2.6 ptssince 2023
from 39.5% in 2023
Foreign born
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
Veterans
4.3%
−0.1 ptssince 2023
from 4.4% in 2023
US average: 6.2%
With a disability
7.7%
+0.7 ptssince 2023
from 7.0% in 2023
US average: 13.3%
Uninsured
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.4%
Broadband at home
80.0%
−3.9 ptssince 2023
from 83.9% in 2023
US average: 91.0%
English only at home
100.0%
+7.9 ptssince 2023
from 92.1% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

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Pop 207
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Pop 199
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Head to head

Compare Montpelier to nearby cities

MONTPELIER VS
Rock Island
Income$59,041−17%
Home value$125,900−51%
Population36,225+17233%
SEE FULL COMPARISON →
MONTPELIER VS
Davenport
Income$66,200−7%
Home value$166,400−35%
Population100,358+47918%
SEE FULL COMPARISON →
MONTPELIER VS
Muscatine
Income$58,117−18%
Home value$153,600−40%
Population23,164+10983%
SEE FULL COMPARISON →
MONTPELIER VS
Moline
Income$67,701−5%
Home value$146,300−43%
Population42,362+20169%
SEE FULL COMPARISON →
Frequently asked

How many people live in Montpelier, Iowa?

Montpelier, Iowa has about 209 residents according to the 2024 American Community Survey.

What is the median household income in Montpelier, Iowa?

The typical household in Montpelier, Iowa earns about $70,938 a year. Half of households make more than that, and half make less.

Is Montpelier, Iowa expensive?

In Montpelier, Iowa, the median home is worth about $255,100.

How educated are people in Montpelier, Iowa?

About 11.0% of adults age 25 and over in Montpelier, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Montpelier, Iowa?

About 4.8% of people in Montpelier, Iowa live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →