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
Compare with nearby places
Places of similar size in Indiana.
- Oolitic town 1,461
- Odon town 1,458
- Redkey town 1,451
- Trafalgar town 1,433
- Darmstadt town 1,428
- Fairview Park town 1,426
- Lake Dalecarlia CDP 1,421
Keep going
More Indiana coverage.