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ZipNumbers

Indiana · Census place 50796

Montpelier city, IN

Quick answer

Montpelier city has 1,444 residents, ranking #282 of 976 places in Indiana. Median household income is $42,833, the median home is worth $77,100 and median gross rent runs $649 a month.

Population
1,444Montpelier city residents
Median household income
$42,833Past 12 months, inflation adjusted
Median home value
$77,100Owner-occupied units
Median gross rent
$649Rent plus utilities, monthly
Median age
48.5 yrsAll residents
Homeownership rate
64.2%Owner-occupied households

What the numbers mean in Montpelier city

Housing cost measured against local earnings.

A household earning the Montpelier city median would spend about 18.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.5% of residents and 64.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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