Montpelier, ID Profile: Facts & Data

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Montpelier, Idaho - Basic Facts

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The City of Montpelier had a population of 2,865 as of July 1, 2021.

The primary coordinate point for Montpelier is located at latitude 42.3222 and longitude -111.2977 in Bear Lake County. The formal boundaries for the City of Montpelier encompass a land area of 2.33 sq. miles and a water area of 0 sq. miles. Bear Lake County is in the Mountain time zone (GMT -7). The elevation is 5,981 feet.

The City of Montpelier has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Idaho is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Montpelier is located within Montpelier Division of Bear Lake County.


Jump to... (On This Page!)
  1. Montpelier 2021 Demographic Data
  2. Growth Rates for Montpelier (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Idaho Research Tools (Easy Tools & Current Data)
  3. Idaho Data Comparison Tool - 2021 Demographics
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Montpelier, ID Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 2,865 (100%)
Population in Households 2,850 (99.5%)
Population in Families 2,397 (83.7%)
Population in Group Quarters1 15 ( 0.5%)
Population Density 1,236
Diversity Index2 20
 
 

INCOME

Median Household Income $48,499
Average Household Income $64,048
% of Income for Mortgage4 14%
Per Capita Income $24,999
Wealth Index5 55
 

HOUSING

Total HU (Housing Units) 1,406 (100%)
Owner Occupied HU 749 (53.3%)
Renter Occupied HU 377 (26.8%)
Vacant Housing Units 280 (19.9%)
Median Home Value $157,048
Average Home Value $185,447
Housing Affordability Index3 180
 

HOUSEHOLDS

Total Households 1,126
Average Household Size 2.53
Family Households 768
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.88% 1.03%
Households 1.01% 1.09%
Families 1.07% 1.0%
Median Household Income   1.41%
Per Capita Income   1.89%
Owner Occupied HU   1.38%

Montpelier, ID - Peer Comparisons by Rank and Percentile

The table below compares Montpelier to the other 227 incorporated cities, towns and CDPs in Idaho by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 57 75th
Population Density # 90 61st
Median Household Income # 162 29th
Housing Affordability Index # 177 78th
Per Capita Income # 129 44th
Diversity Index # 163 29th

Additional comparisons and rankings can be made with a VERY EASY TO USE Idaho Census Data Comparison Tool.

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