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CITY

Montpelier

Indiana · 1,489 residents (2025 est.) · 1.497 sq mi
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The short version

Montpelier has notably lower household income than the US average, with a median household income of $45,250. Population has fallen 21% since 2000, a loss of 396 residents. 10% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $86,300. With a median age of 51.1, the population is older than the US median of 38.9. Households here earn about 37% less than the Indiana median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 51.1
US median: 38.9
Less educated
10% 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
1,533
−21%since 2000
from 1,929 in 2000
1990 – 2025
Population density
1,024 / sq mi
−21%since 2000
from 1,289 / sq mi in 2000
US average: 281
Median age
51.1
+47%since 2000
from 34.8 in 2000
US average: 38.9

PEP 2025 EST:1,489 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1K2K2K2K2K1990201020202024Montpelier
20242K
1990201020202024
Section 02

Income & economy

Median household income
$45,250
−18%inflation adjusted, since 2000
from $30,175 in 2000
US average: $82,259
1990 – 2024
Per capita income
$33,242
+120%since 2000
from $15,076 in 2000
US average: $44,673
Households earning $100K+
29.1%
+13.9 ptssince 2009
from 15.1% in 2009
US average: 53.3%
Poverty rate
21.2%
+11.6 ptssince 2000
from 9.5% in 2000
US average: 12.5%
Income inequality (Gini)
0.489
+8%since 2010
from 0.453 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade28.7%
US avg: 9.9%
Finance & insurance13.6%
US avg: 5.9%
Professional, scientific, technical13.2%
US avg: 5.1%
Information10.3%
US avg: 10.8%
Wholesale trade9%
US avg: 6.9%
Other services3.6%
US avg: 6.7%
Public administration3.2%
US avg: 4.8%
Transportation & warehousing2.7%
US avg: 2.2%
Agriculture, forestry, fishing1.2%
US avg: 1.6%
Construction0.9%
US avg: 1.2%
Arts, entertainment, food0.6%
US avg: 1.9%
Education & health services0.4%
US avg: 0.9%
Manufacturing0.3%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$86,300
+9%inflation adjusted, since 2000
from $43,500 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$641
−8%inflation adjusted, since 2000
from $383 in 2000
US average: $1,442
Owner-occupied
66.7%
−2.3 ptssince 2000
from 69.0% in 2000
33.3% rent
Vacancy rate
11.9%
−12.3 ptssince 2009
from 24.3% in 2009
US average: 10.0%
Owner cost-burdened
22.9%
+3.0 ptssince 2009
from 19.9% in 2009
US average: 22.9%
Renter cost-burdened
40.7%
+5.2 ptssince 2009
from 35.5% in 2009
US average: 47.4%
Afford Score
1.9
+32%since 2000
from 1.4 in 2000
1990 – 2024
Gentrification Score
37
RELATED:See current rent listings in Montpelier on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.7%(1,866)
Black0.1%(2)
Hispanic / Latino1%(20)
Asian0%(0)
Other0%
Diversity Score2.9%(56)
2024
White, non-Hispanic96.5%(1,479)
Black0.8%(13)
Hispanic / Latino0.6%(9)
Asian0.8%(13)
Other1.2%(19)
Diversity Score8.6%(132)
Diversity Score
9
+199%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
9.9%
+3.4 ptssince 2000
from 6.4% in 2000
US average: 35.6%
High school or higher
91.5%
+15.6 ptssince 2000
from 75.9% in 2000
US average: 89.6%
Graduate degree
2.6%
−0.8 ptssince 2000
from 3.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
33.9 min
+85%since 2000
from 18.3 min in 2000
US average: 26.5
Drive alone to work
80.6%
−1.7 ptssince 2009
from 82.3% in 2009
US average: 68.9%
Carpooled to work
10.4%
−2.8 ptssince 2009
from 13.2% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
5.0%
+3.6 ptssince 2009
from 1.4% in 2009
US average: 15.0%
Walked to work
2.6%
+0.5 ptssince 2009
from 2.2% in 2009
US average: 2.4%
Biked to work
0.4%
+0.4 ptssince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
8.1%
+4.5 ptssince 2009
from 3.7% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.5%
−13.0 ptssince 2011
from 15.5% in 2011
US average: 5.2%
Labor force participation
58.8%
−7.2 ptssince 2011
from 66.0% in 2011
US average: 63.5%
Self-employed
8.7%
−0.3 ptssince 2009
from 9.0% in 2009
US average: 13.1%
Management & professional
20.3%
−32.2 ptssince 2009
from 52.5% in 2009
US average: 42.5%
Section 08

People & community

Male
47.5%
−7.9 ptssince 2009
from 55.3% in 2009
Female
52.5%
+7.9 ptssince 2009
from 44.7% in 2009
Foreign born
1.5%
+0.4 ptssince 2009
from 1.1% in 2009
US average: 14.1%
Veterans
10.0%
−44.4 ptssince 2009
from 54.3% in 2009
US average: 6.2%
With a disability
23.5%
+5.0 ptssince 2012
from 18.5% in 2012
US average: 13.3%
Uninsured
4.0%
−79.0 ptssince 2013
from 83.0% in 2013
US average: 8.4%
Broadband at home
82.3%
+28.0 ptssince 2017
from 54.3% in 2017
US average: 91.0%
English only at home
96.7%
−2.9 ptssince 2016
from 99.6% in 2016
US average: 77.7%
Spanish at home
0.6%
+0.6 ptssince 2016
from 0.0% in 2016
US average: 13.6%
Drill deeper

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Compare Montpelier to nearby cities

MONTPELIER VS
Bluffton
Income$57,539+27%
Home value$149,600+73%
Population10,583+611%
SEE FULL COMPARISON →
MONTPELIER VS
Marion
Income$43,343−4%
Home value$85,300−1%
Population28,234+1796%
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MONTPELIER VS
Muncie
Income$44,471−2%
Home value$97,300+13%
Population65,466+4297%
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MONTPELIER VS
Huntington
Income$56,520+25%
Home value$119,500+38%
Population17,167+1053%
SEE FULL COMPARISON →
Frequently asked

How many people live in Montpelier, Indiana?

Montpelier, Indiana has about 1,533 residents according to the 2024 American Community Survey.

What is the median household income in Montpelier, Indiana?

The typical household in Montpelier, Indiana earns about $45,250 a year. Half of households make more than that, and half make less.

Is Montpelier, Indiana expensive?

In Montpelier, Indiana, the median home is worth about $86,300, and the typical rent is about $641 a month.

How educated are people in Montpelier, Indiana?

About 9.9% of adults age 25 and over in Montpelier, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Montpelier, Indiana?

About 21.2% of people in Montpelier, Indiana live below the federal poverty line.

Has Montpelier, Indiana grown since 1990?

Yes, Montpelier, Indiana has shrunk since 1990. The population has lost about 347 residents, a change of about -18 percent over that period.

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

How we source and harmonize this data →