Economy & Jobs — Montpelier, Indiana

Income & Employment

Median Household Income (Census)$45,250
Estimated 2026~$48,800
Per Capita Income$30,393
Poverty Rate21.2%
Unemployment Rate2.5%
In Labor Force774

Top Industries

IndustryShare
Manufacturing24.9%
Education Healthcare13.4%
Construction12.7%

Local Businesses (County)

TypeCount
Physician Offices12
Gas Stations9
Insurance Agencies7
Fast Food7
Full Service Restaurants6
Commercial Banks5
Grocery Stores4
General Merchandise4
Funeral Homes3
Law Offices3
Dental Offices3
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.