Montpelier, IN Profile: Facts & Data

Montpelier, Indiana - Basic Facts

The City of Montpelier had a population of 1,495 as of July 1, 2025.

The primary coordinate point for Montpelier is located at latitude 40.5539 and longitude -85.2775 in Blackford County. The formal boundaries for the City of Montpelier encompass a land area of 1.54 sq. miles and a water area of 0 sq. miles. Blackford County is in the Eastern time zone (GMT -5).

The City of Montpelier has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Montpelier is located within Township of Harrison, a minor civil division (MCD) of Blackford County.

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Montpelier, IN Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	1,495 (100%)
Population in Households	1,495 (100.0%)
Population in Families	1,179 (78.9%)
Population in Group Quarters¹	0
Population Density	998
Diversity Index²	20


INCOME
Median Household Income	$60,518
Average Household Income	$78,926
% of Income for Mortgage⁴	11%
Per Capita Income	$35,002
Wealth Index⁵	65
Socioeconomic Status Index⁶	Moderate (51.3)

HOUSING
Total HU (Housing Units)	777 (100%)
Owner Occupied HU	473 (60.9%)
Renter Occupied HU	190 (24.5%)
Vacant Housing Units	114 (14.7%)
Median Home Value	$105,707
Average Home Value	$147,437
Housing Affordability Index³	203

HOUSEHOLDS
Total Households	663
Average Household Size	2.25
Family Households	384
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

777 (100%)

Owner Occupied HU

473 (60.9%)

Renter Occupied HU

190 (24.5%)

Vacant Housing Units

114 (14.7%)

Median Home Value

$105,707

Average Home Value

$147,437

Housing Affordability Index³

203

HOUSEHOLDS

Total Households

663

Average Household Size

2.25

Family Households

384

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	-0.56%	-0.30%
Households	-0.48%	-0.40%
Families		-0.37%
Median Household Income		0.46%
Per Capita Income		1.68%
Owner Occupied HU		0.13%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

-0.56%

-0.30%

Households

-0.48%

-0.40%

Families

-0.37%

Median Household Income

0.46%

Per Capita Income

1.68%

Owner Occupied HU

0.13%

Montpelier, IN - Peer Comparisons by Rank and Percentile

The table below compares Montpelier to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 275	72nd
Population Density	# 446	54th
Median Household Income	# 741	24th
Housing Affordability Index	# 935	96th
Per Capita Income	# 508	48th
Diversity Index	# 424	57th

Variable Description

Rank

Percentile

Total Population

# 275

72nd

Population Density

# 446

54th

Median Household Income

# 741

24th

Housing Affordability Index

# 935

96th

Per Capita Income

# 508

48th

Diversity Index

# 424

57th

Indiana Census Data Comparison Tool

Montpelier, IN Profile: Facts & Data

Montpelier, Indiana - Basic Facts

Montpelier, IN Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Montpelier, IN - Peer Comparisons by Rank and Percentile

Montpelier, IN - Most Popular Things to Do

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Blackford County