Monument is a medium-sized town located in the state of Colorado. With a population of 12,088 people and five associated neighborhoods, Monument is the 51st largest community in Colorado. There's nothing like the smell of a brand new house, and in Monument, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Monument, and putting down their money on brand new construction. Monument’s real estate is, on average, some of the newest in the nation. Monument does seem to be experiencing an influx of affluent people, because the median household income is $114,654.00.
Monument home prices are not only among the most expensive in Colorado, but Monument real estate also consistently ranks among the most expensive in America.
Monument is home to a number of people employed in the armed forces. When you visit or walk around Monument, some of the people you will bump into will be military people In and out of uniform, jogging, shopping and generally out and about town.
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: 23.19% 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 great place for families with children to consider. First of all, many other families with children live here, making Monument a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Monument has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Monument’s overall crime rate is lower than average for the country.
One downside of living in Monument, however, is that residents on average have to contend with a long commute, spending on average 30.48 minutes every day commuting to work.
As is often the case in a small town, Monument doesn't have a public transportation system that people use for their commute.
If knowledge is power, Monument is a pretty powerful place. 57.53% 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 $49,575, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $198,300 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 Italian.
The most common language spoken in Monument is English. Other important languages spoken here include Spanish and African languages.