Montpelier is a city located in Indiana. With a 2020 population of 1,665, it is the 234th largest city in Indiana and the 8330th largest city in the United States. Montpelier is currently declining at a rate of -0.60% annually and its population has decreased by -7.76% since the most recent census, which recorded a population of 1,805 in 2010. Montpelier reached it's highest population of 1,801 in 2010. Spanning over 2 miles, Montpelier has a population density of 1,080 people per square mile.
The average household income in Montpelier is $48,369 with a poverty rate of 15.23%. The median rental costs in recent years comes to $639 per month, and the median house value is $52,500. The median age in Montpelier is 40.7 years, 32.8 years for males, and 46.3 years for females. For every 100 females there are 115.9 males.