Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Montpelier, IN Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

1,533

Median Agei

51.1

Race & Ethnicityi

White

96.5%1,479

Two or More

1.2%19

Black

0.8%13

Asian

0.8%13

Hispanic/Latino

0.6%9

Educational Attainment (Age 25+)i

GED/Alternative

10.4%127

High School Diploma

47.7%581

Some College (<1 yr)

5%61

Some College (1+ yr)

9.3%113

Associate's Degree

9.3%113

Bachelor's Degree

7.2%88

Master's Degree

2.6%32

HS or Higher

91.5%

BA or Higher

9.9%

Graduate+

2.6%

Housingi

Median Home Valuei

$86,300

Median Renti

$641

Tenure

Owner-Occupied

66.7%516

Renter-Occupied

33.3%258

Total Units

879

Homeownership

66.7%

Vacancy Rate

11.9%

Home Values

Under $50K

17.6%91

$50K–$100K

46.5%240

$100K–$150K

19.4%100

$150K–$200K

5.8%30

$200K–$300K

9.1%47

$300K–$500K

1.6%8

Rent Distribution

Under $500

$500–$750

113

$750–$1,000

$1,000–$1,250

Year Built

2010–2019

3.2%28

2000–2009

5.8%51

1990–1999

8.1%71

1980–1989

13.9%122

1970–1979

14%123

1960–1969

8.5%75

1950–1959

8.5%75

1940–1949

5.7%50

1939 or earlier

32.3%284

Heating Fuel

Utility Gas

56.3%436

Electricity

39.9%309

Bottled/LP Gas

2.3%18

Wood

1%8

Other

0.4%3

Economyi

Median Household Incomei

$45,250

Mean Household Incomei

$64,944

Per Capita Incomei

$33,242

Poverty Ratei

21.1%

Unemploymenti

2.5%

Labor Forcei

800

Household Income Distribution

Under $10K

8.7%67

$10K–$15K

6.6%51

$15K–$20K

4.7%36

$20K–$25K

7.4%57

$25K–$30K

5.3%41

$30K–$35K

6.1%47

$35K–$40K

6.1%47

$40K–$45K

4.9%38

$45K–$50K

9.6%74

$50K–$60K

3.5%27

$60K–$75K

8.3%64

$75K–$100K

9.7%75

$100K–$125K

10.5%81

$125K–$150K

2.6%20

$150K–$200K

4.4%34

$200K+

1.9%15

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

Residentsi

Avg. Tenant Renti

$295/mo

Programs in this community

Housing Choice Vouchers2 homes

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 830 homes58% occupied$295/mo rent

Privately owned apartments with rent subsidies tied to the building

Household Incomei

Based on area median of $45,250/yr

Extremely low incomeUnder $14K/yr

85%

Very low income$14K–$23K/yr

15%

Who Receives This Housing

65% of subsidized households are headed by a single mother

15% of subsidized households are minority

45% of subsidized households include someone with a disability

35% of subsidized households include a senior (62+)

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

231.5%

By Region

Commute & Transportationi

Workersi

758

Avg. Commutei

33.9 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

780

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

132(10% of civilian adults)

Health Insurancei

96%Insured

4%Uninsured