Monument is a somewhat small town located in the state of Colorado. With a population of 11,793 people and five associated neighborhoods, Monument is the 51st largest community in Colorado. Much of the housing stock in Monument was built relatively recently. The construction of new real estate can often be taken as an indication that the local Monument economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Monument, where the median household income is $102,969.00.
Housing costs in Monument are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.
Also of interest is that Monument has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.88% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Monument is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Monument really has some of the features that families look for when choosing a good community to raise children. Is Monument perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Being a small town, Monument does not have a public transit system used by locals to get to and from work.
If knowledge is power, Monument is a pretty powerful place. 54.60% of the adults in Monument have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Monument in 2022 was $44,556, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $178,224 for a family of four. However, Monument contains both very wealthy and poor people as well.
Monument is a somewhat ethnically-diverse town. The people who call Monument home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Monument residents report their race to be White, followed by Asian. Important ancestries of people in Monument include English, German, Irish, Polish, and Norwegian.
The most common language spoken in Monument is English. Other important languages spoken here include Spanish and African languages.