Last updated: 2024 BLS data · Page refreshed:
Montpelier has a population of 8,014 with a median age of 42.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,014 |
| Median Age | 42.3 |
| White | 88.0% |
| Black or African American | 0.8% |
| Asian | 1.7% |
| Hispanic or Latino | 4.5% |
| Other / Two or More Races | 5.0% |
The median household income in Montpelier is $81,030, which is 0.5% above the national median of $80,610. The per capita income is $50,532. The poverty rate is 6.5%.
The unemployment rate in Montpelier is 2.1%, compared to the national rate of 4.1%.
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In Montpelier, 97.4% of residents age 25+ have a high school diploma or higher, and 66.1% hold a bachelor's degree or higher (28.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.4% |
| Bachelor's Degree or Higher | 66.1% |
| Graduate or Professional Degree | 28.6% |
The median home value in Montpelier is $375,100, above the national median of $303,400. The median monthly rent is $1,302. The homeownership rate is 53.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $375,100 |
| Median Monthly Rent | $1,302 |
| Homeownership Rate | 53.1% |
| Vacancy Rate | 5.1% |
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