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3 Beds · 3 Baths · 2,360 Sq. Ft.
Montpelier, IN 47359 has a population of approximately 3,025 and experiences a population change rate of -8.36%. The population density is 50.2 / sq mi .
The median household income for Montpelier, IN 47359 is $61,133, with 1,219 households and an average household size of 2.9.
The median value of a home in Montpelier, IN 47359 is $109,800 with an appreciation rate of 15.10%. 57.76% of housing in the state is owned while 21.35% is rented.
The cost of living in Montpelier, IN 47359 is 77.2 %.
The unemployment rate in Montpelier, IN 47359 is 3.20%, and recent job growth is at -0.13%. Future job growth is projected at 32.10%.
The sales tax rate in Montpelier, IN 47359 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Montpelier, IN 47359 are $12,382, and the school ratio is 14:1.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.6 inches per year, with 24 inches of snow per year.