11.2% had a female householder with no husband present, and 32.7% were non-families. 29.3% of all households were made up of individuals, and 12.7% had someone living alone who was 65 years of age or older. The average household size was 2.41 and the average family size was 2.95. 27.3% of the population were under the age of 18, 8.7% from 18 to 24, 28.6% from 25 to 44, 21.7% from 45 to 64, and 13.7% who were 65 years of age or older. The median age was 35 years. For every 100 females, there were 95.0 males. For every 100 females age 18 and over, there were 93.8 males. The median household income was $30,175 and the median family income was $38,804. Males had a median income of $29,152 and females $21,402. The per capita income was $15,076. About 6.6% of families and 9.5% of the population were below the poverty line, including 9.0% of those under age 18 and 9.0% of those age 65 or over. Economy Montpelier is located in a rural agricultural area, and has its own grain elevator. The city also has some manufacturing establishments, and its major businesses provide employment for over 400 people. These businesses include Emhart-Gripco, Smith Consulting, Indiana Veneer, BRC Rubber & Plastics, Indiana Box, and others. Montpelier also has a 50-acre industrial park. Culture Montpelier has a long history of racing. During the 19th century, there were at least two race tracks for horses near Montpelier. Montpelier's own horse track was established in 1903. This track was very popular and drew crowds of 3,000. During the 1920s, a rebuilt track became known as the fastest half mile in Indiana. During the 1950s, the track became a stock car racing track, but reverted to horses in the 1960s. The track closed in 1973, but reopened in 1985 for stock car races and horse racing. Today, Montpelier Raceway features sanctioned stock car racing. The Public Library of Montpelier and Harrison Township was built in 1907 and 1908. The building was made possible by a donation of $10,000 from philanthropist (and former business magnate) Andrew Carnegie. Built in the Classical Revival style of architecture, this building (under the historical name of Montpelier Carnegie Library) was added to the National Register of Historic Places in 2007. It is one of only three individual buildings in Blackford County listed in the National Register. (The county