Living in Monument, Oregon

Cost of living, income, home prices, rent and demographics of Monument · Census data 2020–2024

Monument has 185 residents with a median age of 73.9. The median household income is $38,419 (54% lower than the Oregon median), the median home value is $2,000,001, the median rent is $669/month.

Monument is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Monument at a glance

Population
185
Median age
73.9State: 40.4
Median household income
$38,419State: $83,011
Median home value
$2,000,001State: $477,600
Median rent
$669/moState: $1,525
Homeowners
74.8%
Bachelor's degree or higher
5.4%
Average commute
32 min

Is Monument a good place to live?

Cons: Median household income 54% lower than the Oregon median; home values 319% higher than the state median; an average commute of 32 minutes; a poverty rate of 24.3%.

The weather is best in May–June and September–October.

Cost of living in Monument

Housing is the biggest part of the cost of living. In Monument the median home value is $2,000,001, 501% higher than the U.S. median. Renters pay a median of $669 per month, which is 41.3% of household income. Homeowners with a mortgage pay $1,375 a month in housing costs.

Median home value

Monument$2,000,001
Oregon$477,600
United States$332,700

Median monthly rent

Monument$669
Oregon$1,525
United States$1,413

Monument median household income

The median household income in Monument is $38,419 and the income per person is $29,583. 24.3% of residents live below the poverty line (Oregon: 11.9%).

Median household income

Monument$38,419
Oregon$83,011
United States$80,734

Housing in Monument: homes for sale and rent

Housing units
159
Owner-occupied
74.8%
Renter-occupied
25.2%
Vacant
12.6%Includes seasonal homes
Median year built
1955
Average household size
1.33

Monument demographics

Population
185
Median age
73.9
Under 18
13.5%
65 and older
64.9%
Households
139
Foreign-born
0%
Veterans
7.5%Adults 18+

Race and ethnicity

White60%
Hispanic or Latino40%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Monument ›

Education in Monument

5.4% of adults 25 and older in Monument have a bachelor's degree or higher (Oregon: 36.8%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Monument5.4%
Oregon36.8%
United States35.7%

Jobs and commute in Monument

Unemployment rate
0%State: 5.4%
Average commute
32 minState: 23 min
Work from home
0%
Drive alone
35.9%
Public transit
0%
Walk to work
53.8%
Homes with broadband
42.4%

Monument vs nearby towns

TownPopulationMedian incomeHome valueRent
Monument185$38,419$2,000,001$669
Long Creek200$42,614$100,000$588
Dayville206$54,271$220,300$1,031
Mount Vernon364$63,281$143,000$789
John Day1,609$57,891$212,100$910
Heppner1,277$49,521$196,300$744
Canyon City900$73,750$200,700$804
Prairie City615$47,311$205,900$916

More for people moving to Monument

Monument ZIP code ›Weather and climate ›

Living in Monument: FAQ

What is the median household income in Monument, OR?

The median household income in Monument is $38,419, 54% lower than the Oregon median of $83,011 (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 $2,000,001, compared with $477,600 in Oregon.

How much is rent in Monument?

The median gross rent in Monument is $669 per month, about 41.3% of household income.

Is Monument, OR a good place to live?

Minuses: median household income 54% lower than the Oregon median; home values 319% higher than the state median; an average commute of 32 minutes; a poverty rate of 24.3%.

What is the median age in Monument?

The median age in Monument is 73.9 years (Oregon: 40.4).

How long is the commute in Monument?

The average commute to work in Monument is 32 minutes; 0% of workers work from home.

What is the unemployment rate in Monument?

The unemployment rate in Monument is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Monument?

5.4% 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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