Montpelier, IA
Population 228 · Iowa
About Montpelier, IA
Montpelier is a small community in Iowa with a population of 228 residents. The median household income is $69,186 per year, which is near the national average. The median age in Montpelier is 58.9 years.
Housing in Montpelier has a median home value of $253,500 and median monthly rent of $0. Of the 112 total housing units, the majority are owner-occupied, with 94 owner-occupied and 18 renter-occupied units.
The unemployment rate in Montpelier is 0.0% and the poverty rate is 3.5%. 11.4% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Montpelier, IA
Compared to national averages, Montpelier has a median household income of $69,186 (8% below the national median of $75,149). Home values average $253,500, which is 4% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Montpelier's income is 2% above the state average of $67,947, and home values are 92% above the state median of $132,237.
Why Live in Montpelier, IA?
Montpelier offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 3.5%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($69,186) that falls below the national average. However, Montpelier’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Montpelier has a population of 228 with a median age of 58.9 years. Compare Montpelier with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Montpelier
What is the population of Montpelier, IA?
The population of Montpelier, IA is 228 according to the latest Census data.
What is the median household income in Montpelier?
The median household income in Montpelier, IA is $69,186 per year.
What is the median home value in Montpelier?
The median home value in Montpelier, IA is $253,500.
What is the average rent in Montpelier?
The median monthly rent in Montpelier, IA is $0.
What is the unemployment rate in Montpelier?
The unemployment rate in Montpelier, IA is 0.0%.