Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.7 yrs |
|---|---|
| Avg HH Size | 2.82 |
| Below Poverty | 10.6% ≈ Avg |
| College Grads | 21.3% ▼ 45% below avg |
| Unemployment | 0.8% ▼ 84% below avg |
| No HS Diploma | 2 (0.1%) |
| HS Graduate | 1,035 (48.4%) |
| Some College | 421 (19.7%) |
| Associates | 223 (10.4%) |
| Bachelors | 297 (13.9%) |
| Graduate Degree | 159 (7.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,308 ▼ 12% below avg |
|---|---|
| Median Home Value | $112,400 ▼ 60% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $727/mo |
| Total Housing Units | 1,530 |
| Vacant Units | 224 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Montpelier is a city in Indiana, located in Blackford County. The city spans 1 ZIP code and is home to approximately 3,688 residents. It is a middle-aged city, with a median age of 38.7 years.
Economically, Montpelier is a solidly middle-class community. The median household income of $67,308 is near the national average. Approximately 10.6% of residents live below the poverty line. The unemployment rate is 0.8%, well below the national average.
The real estate market in Montpelier is one of the more affordable housing markets in the country. Median home values stand at $112,400, which is well below the national average. Renters typically pay around $727 per month. Homeownership is high at 73.2%, typical of suburban and family-oriented communities.
The population of Montpelier is less-educated. 21.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.21%).
Montpelier, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47359 | 3,688 | $67,308 | $112,400 | $727 | 0.8% | 21.3% | 73.2% |