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EconPulse

Local economy signal dashboard

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PLACEStable

Montpelier, IN

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score50out of 100
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6
68
0
76
94

Population

1,533

Data freshness

Unknown

GDP / Output

-4.7% YoY

6

$428.1M

Output changed -4.7% in 2024.

Vintage date unknown

State growth4.6%
U.S. growth5.3%

Jobs

Unemployment rate

68

3.9%

Unemployment is 3.9% for June 2026.

Vintage date unknown

State avg3.3%
U.S. avg5.2%

Population

-14.4% 5-year

0

1,533

Population moved -14.4% over the latest ACS window.

Vintage date unknown

State population6,851,073
U.S. population334,922,499

Housing

Rent share of income

76

17.0%

Median rent consumes 17.0% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.4K per resident

94

$89.2M

$89.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$207.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$89.2M

$7.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$74.8M
2. Department of Veterans Affairs$7.5M
3. Department of Agriculture$2.9M

Top recipients

Dollars
1. REDACTED DUE TO PII$2.6M
2. INDIANA DEPARTMENT OF TRANSPORTATION$2.2M
3. NATURAL RESOURCES, INDIANA DEPARTMENT OF$541.3K

Affordable

Housing Affordability

17.0%

of median income

1BR estimate$526
2BR estimate$692
Median income$45,250
Median home value$86,300

ACS context

Quick Facts

Population

1,533

Median age

51.1

Bachelor's degree+

9.9%

Poverty rate

21.2%

Labor force participation

58.8%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-3.1%

GDP CAGR

+4.7%

Federal flow

5 years

Population (5 years)
20201,790
20211,627
20221,470
20231,444
20241,533
GDP (5 years)
2020$340.6M
2021$382.2M
2022$422.1M
2023$449.0M
2024$428.1M

2-year linear forecast

Predictive Outlook

Population forecast

20241,533
20251,364 *
20261,294 *

R² = 61.6% · * projected

GDP forecast

2024$428.1M
2025$476.9M *
2026$501.1M *

R² = 78.7% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$45,250/yr
Median rent$641/mo
Rent share of income17.0%
Est. mortgage (30yr, 6.5%)$5,237/yr
Mortgage share of income11.6%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.9%
State avg3.3%
U.S. avg5.2%
Labor force participation58.8%
Poverty rate21.2%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$86,300
Median monthly rent$641
Price-to-rent ratio11.2x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateWeak
Composite score31/100
Economic growth6/100
Labor market68/100
Population momentum0/100
Overall stability50/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Montpelier city, Indiana

City/Town

Part of

Indiana

Nearby locations

Keystone, INRoll, INHartford City, INPoneto, INPetroleum, IN