Living in Montpelier, Idaho
Cost of living, income, home prices, rent and demographics of Montpelier · Census data 2020–2024
Montpelier has 2,694 residents with a median age of 42. The median household income is $61,375 (21% lower than the Idaho median), the median home value is $240,300, the median rent is $535/month.
Montpelier at a glance
- Population
- 2,694
- Median age
- 42State: 37.3
- Median household income
- $61,375State: $77,800
- Median home value
- $240,300State: $418,600
- Median rent
- $535/moState: $1,238
- Homeowners
- 86.2%
- Bachelor's degree or higher
- 15.1%
- Average commute
- 31 min
Is Montpelier a good place to live?
Pros: Home values 43% lower than the state median; unemployment of 3.4%; a poverty rate of 7.8%.
Cons: Median household income 21% lower than the Idaho median; an average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Montpelier
Housing is the biggest part of the cost of living. In Montpelier the median home value is $240,300, 28% lower than the U.S. median. Renters pay a median of $535 per month, which is 31% of household income. Homeowners with a mortgage pay $1,139 a month in housing costs.
Montpelier median household income
The median household income in Montpelier is $61,375 and the income per person is $30,680. 7.8% of residents live below the poverty line (Idaho: 10.6%).
Housing in Montpelier: homes for sale and rent
- Housing units
- 1,250
- Owner-occupied
- 86.2%
- Renter-occupied
- 13.8%
- Vacant
- 18%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.57
Montpelier demographics
- Population
- 2,694
- Median age
- 42
- Under 18
- 24.4%
- 65 and older
- 20.6%
- Households
- 1,025
- Foreign-born
- 1.9%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Montpelier ›
Education in Montpelier
15.1% of adults 25 and older in Montpelier have a bachelor's degree or higher (Idaho: 31.8%), and 5.4% have a graduate or professional degree.
Jobs and commute in Montpelier
- Unemployment rate
- 3.4%State: 3.7%
- Average commute
- 31 minState: 22 min
- Work from home
- 5.7%
- Drive alone
- 76.4%
- Public transit
- 0%
- Walk to work
- 2.3%
- Homes with broadband
- 85.9%
Montpelier vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montpelier | 2,694 | $61,375 | $240,300 | $535 |
| Paris | 562 | $95,000 | $267,300 | $1,069 |
| Bloomington | 255 | $79,583 | $377,300 | — |
| Georgetown | 739 | $70,179 | $197,700 | $950 |
| Cokeville | 370 | $69,375 | $244,800 | $950 |
| Soda Springs | 3,158 | $57,361 | $241,400 | $843 |
| Garden City | 608 | $51,875 | $654,900 | — |
| Grace | 1,349 | $72,885 | $189,500 | $883 |
| Fairview | 130 | $10,870 | — | — |
More for people moving to Montpelier
Montpelier ZIP code ›Weather and climate ›Living in Montpelier: FAQ
What is the median household income in Montpelier, ID?
The median household income in Montpelier is $61,375, 21% lower than the Idaho median of $77,800 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Montpelier?
The median home value in Montpelier is $240,300, compared with $418,600 in Idaho.
How much is rent in Montpelier?
The median gross rent in Montpelier is $535 per month, about 31% of household income.
Is Montpelier, ID a good place to live?
Pluses: home values 43% lower than the state median; unemployment of 3.4%; a poverty rate of 7.8%. Minuses: median household income 21% lower than the Idaho median; an average commute of 31 minutes.
What is the median age in Montpelier?
The median age in Montpelier is 42 years (Idaho: 37.3).
How long is the commute in Montpelier?
The average commute to work in Montpelier is 31 minutes; 5.7% of workers work from home.
What is the unemployment rate in Montpelier?
The unemployment rate in Montpelier is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montpelier?
15.1% of adults in Montpelier have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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