Living in Monument, Colorado
Cost of living, income, home prices, rent and demographics of Monument · Census data 2020–2024
Monument has 11,735 residents with a median age of 38.3. The median household income is $128,816 (35% higher than the Colorado median), the median home value is $636,700, the median rent is $1,929/month.
Monument at a glance
- Population
- 11,735
- Median age
- 38.3State: 37.7
- Median household income
- $128,816State: $95,470
- Median home value
- $636,700State: $539,400
- Median rent
- $1,929/moState: $1,761
- Homeowners
- 76.1%
- Bachelor's degree or higher
- 57.7%
- Average commute
- 29 min
Is Monument a good place to live?
Pros: Median household income 35% higher than the Colorado median; unemployment of 4.3%; a poverty rate of 4.7%.
Cons: Home values 18% higher than the state median; an average commute of 29 minutes.
The weather is best in June to September.
Cost of living in Monument
Housing is the biggest part of the cost of living. In Monument the median home value is $636,700, 91% higher than the U.S. median. Renters pay a median of $1,929 per month, which is 29.4% of household income. Homeowners with a mortgage pay $2,683 a month in housing costs.
Monument median household income
The median household income in Monument is $128,816 and the income per person is $54,741. 4.7% of residents live below the poverty line (Colorado: 9.4%).
Housing in Monument: homes for sale and rent
- Housing units
- 4,407
- Owner-occupied
- 76.1%
- Renter-occupied
- 23.9%
- Vacant
- 3%Includes seasonal homes
- Median year built
- 2006
- Average household size
- 2.75
Monument demographics
- Population
- 11,735
- Median age
- 38.3
- Under 18
- 26.8%
- 65 and older
- 12.9%
- Households
- 4,274
- Foreign-born
- 4.2%
- Veterans
- 14.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Monument ›
Education in Monument
57.7% of adults 25 and older in Monument have a bachelor's degree or higher (Colorado: 45.7%), and 29.3% have a graduate or professional degree.
Jobs and commute in Monument
- Unemployment rate
- 4.3%State: 4.6%
- Average commute
- 29 minState: 25 min
- Work from home
- 25%
- Drive alone
- 64.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.3%
Monument vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monument | 11,735 | $128,816 | $636,700 | $1,929 |
| Woodmoor | 8,934 | $171,875 | $771,900 | $2,276 |
| Gleneagle | 6,440 | $139,653 | $605,400 | $2,099 |
| Palmer Lake | 2,623 | $125,357 | $485,700 | $1,911 |
| Air Force Academy | 6,727 | $69,474 | — | $2,264 |
| Black Forest | 15,738 | $145,460 | $856,200 | — |
| Larkspur | 131 | $70,417 | $163,600 | — |
| Cascade-Chipita Park | 1,412 | $119,531 | $514,900 | $1,416 |
| Woodland Park | 7,949 | $99,238 | $549,200 | $2,007 |
More for people moving to Monument
Monument ZIP code ›Weather and climate ›Living in Monument: FAQ
What is the median household income in Monument, CO?
The median household income in Monument is $128,816, 35% higher than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Monument?
The median home value in Monument is $636,700, compared with $539,400 in Colorado.
How much is rent in Monument?
The median gross rent in Monument is $1,929 per month, about 29.4% of household income.
Is Monument, CO a good place to live?
Pluses: median household income 35% higher than the Colorado median; unemployment of 4.3%; a poverty rate of 4.7%. Minuses: home values 18% higher than the state median; an average commute of 29 minutes.
What is the median age in Monument?
The median age in Monument is 38.3 years (Colorado: 37.7).
How long is the commute in Monument?
The average commute to work in Monument is 29 minutes; 25% of workers work from home.
What is the unemployment rate in Monument?
The unemployment rate in Monument is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monument?
57.7% of adults in Monument have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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