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CITY · 2020 ACS

Montpelier

Indiana · 1,540 residents · 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 $37,143. Population has fallen 20% since 2000, a loss of 389 residents. 6% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $56,200. Households here earn about 36% less than the Indiana median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 41.1
US median: 38.8
Less educated
6% hold a bachelor's degree
US average: 33%
More affordable
home values down 14%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,540
−20%since 2000
from 1,929 in 2000
1990 – 2025
Population density
1,029 / sq mi
−20%since 2000
from 1,289 / sq mi in 2000
US average: 280
Median age
41.1
+18%since 2000
from 34.8 in 2000
US average: 38.8
Population, 1990 – 2024
1K2K2K2K2K1990201020202024Montpelier
20242K
1990201020202024
Section 02

Income & economy

Median household income
$37,143
−18%inflation adjusted, since 2000
from $30,175 in 2000
US average: $66,278
1990 – 2024
Per capita income
$25,024
+66%since 2000
from $15,076 in 2000
US average: $35,364
Households earning $100K+
15.5%
+0.4 ptssince 2009
from 15.1% in 2009
US average: 43.9%
Poverty rate
20.1%
+10.6 ptssince 2000
from 9.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade37.5%
US avg: 10%
Finance & insurance10.1%
US avg: 5.5%
Professional, scientific, technical8.7%
US avg: 4.7%
Information8.3%
US avg: 11.1%
Wholesale trade5.5%
US avg: 6.7%
Transportation & warehousing3.6%
US avg: 2.5%
Other services2.5%
US avg: 6.6%
Education & health services1.3%
US avg: 0.8%
Public administration1.3%
US avg: 4.7%
Agriculture, forestry, fishing0.7%
US avg: 1.7%
Construction0.7%
US avg: 1.2%
Arts, entertainment, food0.6%
US avg: 2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$56,200
−14%inflation adjusted, since 2000
from $43,500 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$637
+11%inflation adjusted, since 2000
from $383 in 2000
US average: $1,124
Owner-occupied
65.9%
−3.1 ptssince 2000
from 69.0% in 2000
34.1% rent
Afford Score
1.5
+5%since 2000
from 1.4 in 2000
1990 – 2024
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)
2020
White, non-Hispanic91.6%(1,411)
Black0.6%(10)
Hispanic / Latino2.4%(37)
Asian0.2%(3)
Other4.1%(63)
Diversity Score17.5%(270)
Diversity Score
18
+508%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
5.5%
−0.9 ptssince 2000
from 6.4% in 2000
US average: 32.9%
High school or higher
88.5%
+12.6 ptssince 2000
from 75.9% in 2000
US average: 88.5%
Graduate degree
1.0%
−2.4 ptssince 2000
from 3.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
23.0 min
+26%since 2000
from 18.3 min in 2000
US average: 26.9
Drive alone to work
74.7%
−7.6 ptssince 2009
from 82.3% in 2009
US average: 75.1%
No vehicle available
12.3%
+8.6 ptssince 2009
from 3.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.8%
−8.8 ptssince 2011
from 15.5% in 2011
US average: 5.4%
Labor force participation
60.9%
−5.1 ptssince 2011
from 66.0% in 2011
US average: 63.4%
Management & professional
16.6%
−35.9 ptssince 2009
from 52.5% in 2009
US average: 39.3%
Section 08

People & community

Male
55.2%
−0.1 ptssince 2009
from 55.3% in 2009
Female
44.8%
+0.1 ptssince 2009
from 44.7% in 2009
Foreign born
2.2%
+1.1 ptssince 2009
from 1.1% in 2009
US average: 13.5%
Uninsured
10.6%
−72.4 ptssince 2013
from 83.0% in 2013
US average: 8.8%
Drill deeper

Places similar to Montpelier

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Head to head

Compare Montpelier to nearby cities

MONTPELIER VS
Bluffton
Income$57,539+55%
Home value$149,600+166%
Population10,583+611%
SEE FULL COMPARISON →
MONTPELIER VS
Marion
Income$43,343+17%
Home value$85,300+52%
Population28,234+1796%
SEE FULL COMPARISON →
MONTPELIER VS
Muncie
Income$44,471+20%
Home value$97,300+73%
Population65,466+4297%
SEE FULL COMPARISON →
MONTPELIER VS
Huntington
Income$56,520+52%
Home value$119,500+113%
Population17,167+1053%
SEE FULL COMPARISON →
Frequently asked

How many people live in Montpelier, Indiana?

Montpelier, Indiana has about 1,540 residents according to the 2020 American Community Survey.

What is the median household income in Montpelier, Indiana?

The typical household in Montpelier, Indiana earns about $37,143 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 $56,200, and the typical rent is about $637 a month.

How educated are people in Montpelier, Indiana?

About 5.5% 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 20.1% 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 340 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 →