The median household income in Montpelier, IN in 2022 was $47,458, which was 40.7% less than the median annual income of $66,785 across the entire state of Indiana. Compared to the median income of $30,175 in 2000 this represents an increase of 36.4%. The per capita income in 2022 was $36,805, which means an increase of 59.0% compared to 2000 when it was $15,076.
Whole page based on the data from 2000 / 2022 when the population of Montpelier, Indiana was 1,929 / 1,481
Income statistics for all residents
Median household income in Montpelier, IN in 2022:
Montpelier:
$47,458
State:
$66,785
Change in median household income between 2000 and 2022:
Montpelier, Indiana:
+57.3%
Indiana:
+60.7%
Number of households with income < $10k:
Montpelier:
3.9% (27)
Indiana:
5.6% (151,905)
Number of households with income $10k - 20k:
Montpelier:
16.5% (113)
State:
7.1% (193,665)
Number of households with income $20k - 30k:
Montpelier:
11.8% (81)
State:
7.8% (213,166)
Number of households with income $30k - 40k:
Montpelier:
5.1% (35)
State:
8.5% (231,051)
Number of households with income $40k - 50k:
Montpelier:
14.4% (99)
State:
8.4% (227,994)
Number of households with income $50k - 60k:
Montpelier:
6.7% (46)
State:
7.7% (210,699)
Number of households with income $60k - 75k:
Montpelier:
13.8% (95)
State:
10.3% (279,665)
Number of households with income $75k - 100k:
Montpelier:
14.3% (98)
State:
14.1% (383,225)
Number of households with income $100k - 125k:
Montpelier:
6.9% (47)
State:
10.3% (279,559)
Number of households with income $125k - 150k:
Montpelier:
0.4% (3)
Indiana:
6.3% (172,553)
Number of households with income $150k - 200k:
Montpelier:
3.2% (22)
State:
7.3% (198,086)
Number of households with income > $200k:
Montpelier:
2.9% (20)
State:
6.8% (184,921)
Aggregate household income in Montpelier in 2022: $52,165,022
Median family income in Montpelier in 2022:
Montpelier:
$65,777
State:
$84,508
Number of families with income < $10k:
Montpelier:
3.7% (14)
Indiana:
3.5% (60,982)
Number of families with income $10k - 20k:
Montpelier:
12.4% (47)
State:
3.8% (66,551)
Number of families with income $20k - 30k:
Montpelier:
4.4% (17)
State:
4.7% (82,197)
Number of families with income $30k - 40k:
Montpelier:
5.6% (22)
Indiana:
6.2% (108,519)
Number of families with income $40k - 50k:
Montpelier:
10.4% (40)
Indiana:
7.3% (126,404)
Number of families with income $50k - 60k:
Montpelier:
7.6% (29)
State:
7.4% (128,779)
Number of families with income $60k - 75k:
Montpelier:
17.6% (67)
Indiana:
10.7% (185,712)
Number of families with income $75k - 100k:
Montpelier:
17.8% (68)
State:
16.1% (280,434)
Number of families with income $100k - 125k:
Montpelier:
10.9% (42)
Indiana:
12.7% (221,659)
Number of families with income $125k - 150k:
Montpelier:
0.7% (3)
Indiana:
8.2% (142,241)
Number of families with income $150k - 200k:
Montpelier:
4.9% (19)
State:
9.9% (171,875)
Number of families with income > $200k:
Montpelier:
4.1% (16)
Indiana:
9.5% (164,753)
Median non-family income in Montpelier in 2022:
Montpelier:
$28,938
State:
$39,768
Change in median non-family income between 2000 and 2022:
Montpelier, Indiana:
+80.2%
State:
+67.9%
Median per capita income in Montpelier in 2022:
Montpelier:
$36,805
State:
$35,984
Change in median per capita income between 2000 and 2022:
Montpelier, Indiana:
+144.1%
Indiana:
+76.4%
Income statistics for White residents
Median household income in Montpelier, IN in 2022:
Montpelier:
$47,276
State:
$70,619
Change in median household income between 2000 and 2022:
Montpelier, Indiana:
+59.5%
State:
+65.2%
Number of households with income < $10k:
Montpelier:
4.0% (26)
Indiana:
4.5% (100,447)
Number of households with income $10k - 20k:
Montpelier:
15.6% (100)
State:
6.5% (144,216)
Number of households with income $20k - 30k:
Montpelier:
12.4% (80)
State:
7.5% (166,045)
Number of households with income $30k - 40k:
Montpelier:
5.4% (35)
State:
8.1% (179,206)
Number of households with income $40k - 50k:
Montpelier:
15.1% (97)
State:
8.1% (178,985)
Number of households with income $50k - 60k:
Montpelier:
7.0% (45)
State:
7.8% (171,865)
Number of households with income $60k - 75k:
Montpelier:
12.0% (77)
State:
10.5% (231,572)
Number of households with income $75k - 100k:
Montpelier:
14.6% (94)
Indiana:
14.6% (323,007)
Number of households with income $100k - 125k:
Montpelier:
7.0% (45)
State:
10.6% (235,112)
Number of households with income $125k - 150k:
Montpelier:
0.5% (3)
State:
6.7% (148,936)
Number of households with income $150k - 200k:
Montpelier:
3.3% (21)
State:
7.7% (170,750)
Number of households with income > $200k:
Montpelier:
3.1% (20)
Indiana:
7.3% (160,805)
Aggregate household income in Montpelier in 2022: $49,582,235
Median family income in Montpelier in 2022:
Montpelier:
$66,260
State:
$88,109
Number of families with income < $10k:
Montpelier:
3.6% (13)
State:
2.5% (35,020)
Number of families with income $10k - 20k:
Montpelier:
10.2% (37)
Indiana:
3.3% (47,383)
Number of families with income $20k - 30k:
Montpelier:
4.8% (17)
State:
4.2% (60,156)
Number of families with income $30k - 40k:
Montpelier:
6.0% (22)
State:
5.8% (82,106)
Number of families with income $40k - 50k:
Montpelier:
10.5% (38)
Indiana:
6.9% (98,385)
Number of families with income $50k - 60k:
Montpelier:
7.8% (28)
State:
7.3% (104,303)
Number of families with income $60k - 75k:
Montpelier:
18.3% (66)
Indiana:
10.7% (152,202)
Number of families with income $75k - 100k:
Montpelier:
17.8% (64)
State:
16.8% (237,844)
Number of families with income $100k - 125k:
Montpelier:
11.0% (40)
Indiana:
13.2% (187,178)
Number of families with income $125k - 150k:
Montpelier:
0.8% (3)
Indiana:
8.6% (122,703)
Number of families with income $150k - 200k:
Montpelier:
5.0% (18)
State:
10.5% (148,889)
Number of families with income > $200k:
Montpelier:
4.3% (15)
State:
10.1% (143,001)
Median non-family income in Montpelier in 2022:
Montpelier:
$28,259
State:
$41,009
Change in median non-family income between 2000 and 2022:
Montpelier, Indiana:
+78.7%
Indiana:
+69.4%
Median per capita income in Montpelier in 2022:
Montpelier:
$37,916
State:
$38,746
Income statistics for Black or African American residents
Number of households with income < $10k:
Montpelier:
0.0% (0)
State:
12.9% (33,270)
Number of households with income $10k - 20k:
Montpelier:
0.0% (0)
Indiana:
12.1% (31,195)
Number of households with income $20k - 30k:
Montpelier:
0.0% (0)
State:
10.4% (26,676)
Number of households with income $30k - 40k:
Montpelier:
0.0% (0)
State:
11.0% (28,436)
Number of households with income $40k - 50k:
Montpelier:
0.0% (0)
Indiana:
9.5% (24,370)
Number of households with income $50k - 60k:
Montpelier:
0.0% (0)
Indiana:
7.5% (19,416)
Number of households with income $60k - 75k:
Montpelier:
100.0% (14)
State:
8.0% (20,642)
Number of households with income $75k - 100k:
Montpelier:
0.0% (0)
State:
9.8% (25,235)
Number of households with income $100k - 125k:
Montpelier:
0.0% (0)
Indiana:
8.1% (20,841)
Number of households with income $125k - 150k:
Montpelier:
0.0% (0)
Indiana:
4.0% (10,319)
Number of households with income $150k - 200k:
Montpelier:
0.0% (0)
Indiana:
4.3% (11,187)
Number of households with income > $200k:
Montpelier:
0.0% (0)
Indiana:
2.3% (5,833)
Median per capita income in Montpelier in 2022:
Montpelier:
$19,102
Indiana:
$25,414
Change in median per capita income between 2000 and 2022:
Montpelier, Indiana:
+59.2%
State:
+68.9%
Income statistics for Hispanic or Latino residents
Aggregate household income in Montpelier in 2022: $2,581,677
Median per capita income in Montpelier in 2022:
Montpelier:
$36,130
State:
$22,779
Income statistics for Multirace residents
Aggregate household income in Montpelier in 2022: $4,464,292
Median per capita income in Montpelier in 2022:
Montpelier:
$17,158
State:
$23,668
Change in median per capita income between 2000 and 2022:: -12.7%
Montpelier, Indiana:
-12.7%
Indiana:
+108.5%
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