The typical household size in Montpelier, IN is 2.71 family members members, with 56.5% owning their own residences. The average home appraisal is $54145. For people paying rent, they spend an average of $660 per month. 35.7% of homes have two incomes, and a median domestic income of $39313. Average income is $22422. 20% of town residents survive at or below the poverty line, and 23.1% are handicapped. 9.1% of citizens are ex-members associated with the armed forces.
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Montpelier, Indiana is situated in Blackford county, and has a populace of 1654, and is part of the greater metropolitan area. The median age is 38.1, with 13.4% of this populace under 10 years old, 13.2% between 10-nineteen years of age, 15% of town residents in their 20’s, 10.3% in their 30's, 10.5% in their 40’s, 15.3% in their 50’s, 12.7% in their 60’s, 4.8% in their 70’s, and 4.8% age 80 or older. 51.6% of citizens are men, 48.4% female. 41.8% of inhabitants are reported as married married, with 19.1% divorced and 31.5% never married. The % of women and men confirmed as widowed is 7.6%.