Montpelier, VT
Population 8,038 · Vermont
About Montpelier, VT
Montpelier is a small town located in Vermont with a population of 8,038 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,175 per year, which is 5% above the national median of $75,149. The median age of 43.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Montpelier features a median home value of $349,200, which is 43% above the national median of $244,900. This positions Montpelier in a moderately priced market relative to the rest of the country. Median monthly rent is $1,169, 1% above the national average of $1,163/month. Of the 4,005 total housing units, 55% are owner-occupied (2,047 units) and 45% are renter-occupied (1,704 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Montpelier shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Montpelier have an average one-way commute time of 19 minutes, one of the shorter commutes in the region.
Education & Demographics
66.2% of Montpelier residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.2% White, 1.5% Hispanic or Latino, 0.3% Black or African American, and 2.6% Asian residents, with 4.8% of the population being foreign-born.
How Montpelier Ranks in Vermont
Cost of Living in Montpelier, VT
Compared to national averages, Montpelier has a median household income of $79,175 (5% above the national median of $75,149). Home values average $349,200, which is 43% above the national median. Monthly rent at $1,169 is 1% above the US average of $1,163. Within Vermont, Montpelier's income is 8% above the state average of $72,974, and home values are 36% above the state median of $255,863.
Why Live in Montpelier, VT?
Montpelier offers a strong local economy with a median household income of $79,175, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 66.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.3%, better than the national average, and short commute times averaging just 19 minutes.
Montpelier has a population of 8,038 with a median age of 43.4 years. Compare Montpelier with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near Montpelier
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Winooski | 8,198 | $77,020 | $350,700 | Compare |
| Brattleboro | 7,793 | $46,972 | $239,500 | Compare |
| Barre | 8,461 | $53,288 | $200,100 | Compare |
| Bennington | 8,888 | $53,839 | $185,100 | Compare |
| Middlebury | 7,145 | $74,900 | $388,100 | Compare |
| St. Albans | 6,910 | $53,370 | $245,600 | Compare |
| Shelburne | 6,292 | $106,187 | $496,700 | Compare |
| St. Johnsbury | 5,945 | $49,033 | $171,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Vermont
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Montpelier With Other Cities
Frequently Asked Questions about Montpelier
What is the population of Montpelier, VT?
The population of Montpelier, VT is 8,038 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Vermont.
What is the median household income in Montpelier?
The median household income in Montpelier, VT is $79,175 per year, which is 5% above the national median of $75,149.
What is the median home value in Montpelier?
The median home value in Montpelier, VT is $349,200, which is 43% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Montpelier?
The median monthly rent in Montpelier, VT is $1,169, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Montpelier?
The unemployment rate in Montpelier, VT is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Montpelier, VT a good place to live?
Montpelier offers above-average incomes, a competitive housing market, and a strong job market. With a population of 8,038 and a median age of 43.4, the city appeals to a broad range of residents.
How educated is Montpelier, VT?
66.2% of residents in Montpelier aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Montpelier?
Key cost-of-living indicators for Montpelier, VT: median home value is $349,200 (43% above national), median rent is $1,169/month, and median household income is $79,175. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Montpelier?
The poverty rate in Montpelier, VT is 7.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Montpelier, VT?
Montpelier's population is 1.2% White, 1.5% Hispanic or Latino, 0.3% Black or African American, 2.6% Asian, and 1.1% two or more races. 4.8% of residents are foreign-born.