Montpelier city, Indiana Demographics & Population 2026
As of 2026, Montpelier city, Indiana has a total population of 1,444, the 282nd largest city in Indiana, with a median household income of $42,833, which is 39% lower than the state average. The poverty rate is 24.5%.
Key Takeaways
- Household income is 39% below the state average, indicating significant economic challenges.
- Only 7.9% of adults have a bachelor's degree, well below the national average of 35.0%.
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
- Near full employment with an unemployment rate of just 1.9%.
Montpelier city Quick Facts
How Montpelier city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Montpelier city Rankings in Indiana
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Cities Similar to Montpelier city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Odon town | 1,458 | $44,632 | $137,400 | 13.3% | 13.1% |
| Redkey town | 1,451 | $40,667 | $78,300 | 8.3% | 36.8% |
| Warren Park town | 1,411 | $39,865 | $194,400 | 18.9% | 18.3% |
| Nashville town | 1,420 | $48,750 | $246,700 | 35.4% | 10.4% |
| Culver town | 1,346 | $44,250 | $238,500 | 40.4% | 22.9% |
Population Overview
Montpelier city is a small community located in Indiana. The total population is 1,444. It ranks as the 282nd most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Montpelier city is 48.5 years. This is 28% higher than the state median of 38.0 years.
Economy, Income & Housing
The median household income in Montpelier city is $42,833. This is 39% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 45% lower. The poverty rate stands at 24.5%. This is 101% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 1.9%. This is 55% lower than the state rate of 4.3%. The median home value is $77,100. Housing costs are 62% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.8x, Montpelier city is one of the most affordable housing markets in the area. 64.2% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 70.3%.
Race & Ethnicity
Montpelier city has a predominantly White (non-Hispanic) population, comprising 94.4% of all residents. Asian residents account for 1.3%. The Black or African American population (0.7%) is well below the state average of 9.1%. The Hispanic or Latino population (0.9%) is well below the state average of 8.4%.
Education
7.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 73% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.9%.
Data Sources & Methodology
All demographic data for Montpelier city, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Montpelier city, Indiana?
Montpelier city, Indiana has a population of 1,444 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Montpelier city, IN?
The median household income in Montpelier city is $42,833, which is 45% lower the national median of $78,538.
What is the poverty rate in Montpelier city, IN?
The poverty rate in Montpelier city is 24.5%. This means approximately 354 residents live below the federal poverty line.
What is the racial makeup of Montpelier city, Indiana?
Montpelier city's population is 94.4% White, 0.7% Black, 0.9% Hispanic/Latino, and 1.3% Asian.
What is the median home value in Montpelier city, IN?
The median home value in Montpelier city is $77,100. The home-value-to-income ratio is 1.8x.
How educated is Montpelier city, Indiana?
7.9% of adults (25+) in Montpelier city hold a bachelor's degree or higher, and 2.8% hold a graduate or professional degree.