Living in Montezuma, Indiana
Cost of living, income, home prices, rent and demographics of Montezuma · Census data 2020–2024
Montezuma has 881 residents with a median age of 43.6. The median household income is $56,974 (21% lower than the Indiana median), the median home value is $80,400, the median rent is $959/month.
Montezuma is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Montezuma at a glance
- Population
- 881
- Median age
- 43.6State: 38.1
- Median household income
- $56,974State: $71,957
- Median home value
- $80,400State: $218,200
- Median rent
- $959/moState: $1,062
- Homeowners
- 80.2%
- Bachelor's degree or higher
- 5.8%
- Average commute
- 25 min
Is Montezuma a good place to live?
Pros: Home values 63% lower than the state median.
Cons: Median household income 21% lower than the Indiana median; an average commute of 25 minutes; unemployment of 7.7%; a poverty rate of 20.2%.
The weather is best in May and August to October.
Cost of living in Montezuma
Housing is the biggest part of the cost of living. In Montezuma the median home value is $80,400, 76% lower than the U.S. median. Renters pay a median of $959 per month, which is 14.9% of household income. Homeowners with a mortgage pay $886 a month in housing costs.
Montezuma median household income
The median household income in Montezuma is $56,974 and the income per person is $28,271. 20.2% of residents live below the poverty line (Indiana: 12.3%).
Housing in Montezuma: homes for sale and rent
- Housing units
- 404
- Owner-occupied
- 80.2%
- Renter-occupied
- 19.8%
- Vacant
- 11.4%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.46
Montezuma demographics
- Population
- 881
- Median age
- 43.6
- Under 18
- 22.4%
- 65 and older
- 15.4%
- Households
- 358
- Foreign-born
- 0.7%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Montezuma ›
Education in Montezuma
5.8% of adults 25 and older in Montezuma have a bachelor's degree or higher (Indiana: 29.5%), and 1.4% have a graduate or professional degree.
Jobs and commute in Montezuma
- Unemployment rate
- 7.7%State: 4.3%
- Average commute
- 25 minState: 24 min
- Work from home
- 0.6%
- Drive alone
- 82.2%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 82.7%
Montezuma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montezuma | 881 | $56,974 | $80,400 | $959 |
| Hillsdale | 237 | $65,850 | — | — |
| Mecca | 607 | $39,926 | $52,300 | $589 |
| Newport | 330 | $56,875 | $84,000 | $570 |
| Dana | 652 | $52,791 | $55,500 | $643 |
| Bloomingdale | 324 | $58,500 | $97,500 | $478 |
| Rockville | 2,559 | $57,083 | $99,600 | $731 |
| Fairview Park | 1,470 | $62,778 | $104,800 | $833 |
| Clinton | 4,794 | $42,922 | $101,600 | $722 |
More for people moving to Montezuma
Montezuma ZIP code ›Weather and climate ›Living in Montezuma: FAQ
What is the median household income in Montezuma, IN?
The median household income in Montezuma is $56,974, 21% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Montezuma?
The median home value in Montezuma is $80,400, compared with $218,200 in Indiana.
How much is rent in Montezuma?
The median gross rent in Montezuma is $959 per month, about 14.9% of household income.
Is Montezuma, IN a good place to live?
Pluses: home values 63% lower than the state median. Minuses: median household income 21% lower than the Indiana median; an average commute of 25 minutes; unemployment of 7.7%; a poverty rate of 20.2%.
What is the median age in Montezuma?
The median age in Montezuma is 43.6 years (Indiana: 38.1).
How long is the commute in Montezuma?
The average commute to work in Montezuma is 25 minutes; 0.6% of workers work from home.
What is the unemployment rate in Montezuma?
The unemployment rate in Montezuma is 7.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montezuma?
5.8% of adults in Montezuma 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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