Living in Montpelier, Iowa
Cost of living, income, home prices, rent and demographics of Montpelier · Census data 2020–2024
Montpelier has 209 residents with a median age of 63.1. The median household income is $70,938 (5% lower than the Iowa median), the median home value is $255,100.
Montpelier is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Montpelier at a glance
- Population
- 209
- Median age
- 63.1State: 38.6
- Median household income
- $70,938State: $75,059
- Median home value
- $255,100State: $208,000
- Homeowners
- 100%
- Bachelor's degree or higher
- 11%
Is Montpelier a good place to live?
Pros: A poverty rate of 4.8%.
Cons: Median household income 5% lower than the Iowa median; home values 23% higher than the state median.
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 $255,100, 23% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $850 a month in housing costs.
Montpelier median household income
The median household income in Montpelier is $70,938 and the income per person is $30,175. 4.8% of residents live below the poverty line (Iowa: 11.1%).
Housing in Montpelier: homes for sale and rent
- Housing units
- 95
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.20
Montpelier demographics
- Population
- 209
- Median age
- 63.1
- Under 18
- 0%
- 65 and older
- 32.1%
- Households
- 95
- Foreign-born
- 0%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Montpelier ›
Education in Montpelier
11% of adults 25 and older in Montpelier have a bachelor's degree or higher (Iowa: 31.4%), and 11% have a graduate or professional degree.
Jobs and commute in Montpelier
- Unemployment rate
- 0%State: 3.6%
- Average commute
- —State: 20 min
- Work from home
- 47.1%
- Drive alone
- 52.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 80%
Montpelier vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montpelier | 209 | $70,938 | $255,100 | — |
| Buffalo | 1,097 | $69,728 | $122,100 | $804 |
| Blue Grass | 1,972 | $92,981 | $222,500 | $1,229 |
| Andalusia | 1,021 | $77,222 | $168,000 | $825 |
| Edgington | 390 | $91,964 | $153,800 | — |
| Fairport | 109 | $108,393 | $217,300 | — |
| Walcott | 1,725 | $78,580 | $190,300 | $787 |
| Stockton | 170 | $49,500 | $100,000 | $825 |
| Durant | 1,946 | $81,625 | $194,300 | $784 |
More for people moving to Montpelier
Montpelier ZIP code ›Weather and climate ›Living in Montpelier: FAQ
What is the median household income in Montpelier, IA?
The median household income in Montpelier is $70,938, 5% lower than the Iowa median of $75,059 (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 $255,100, compared with $208,000 in Iowa.
Is Montpelier, IA a good place to live?
Pluses: a poverty rate of 4.8%. Minuses: median household income 5% lower than the Iowa median; home values 23% higher than the state median.
What is the median age in Montpelier?
The median age in Montpelier is 63.1 years (Iowa: 38.6).
What is the unemployment rate in Montpelier?
The unemployment rate in Montpelier is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montpelier?
11% 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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