Monument, CO

Census Place

2024 Population

11,735

US Senator

Michael Bennet

Democratic Party

US Senator

John Hickenlooper

Democratic Party

2024 Median Age

38.3

0.789% 1-year increase

2024 Poverty Rate

4.65%

15.5% 1-year decrease

2024 Median Household Income

$128,816

12.4% 1-year growth

2024 Median Property Value

$636,700

Population & Diversity

Monument, CO is home to a population of 11.7k people, from which 97.8% are citizens.

As of 2024, 4.22% of Monument, CO residents were born outside of the country (495 people).

In 2024, there were 11.5 times more White (Non-Hispanic) residents (9.79k people) in Monument, CO than any other race or ethnicity. There were 849 Two Races Including Other (Hispanic) and 431 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97.8%

2024 Citizenship

98.1%

2023 Citizenship

As of 2024, 97.8% of Monument, CO residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Monument, CO was 98.1%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Monument, CO compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Monument, CO

White (Non-Hispanic)
9.79k ± 453
Two Races Including Other (Hispanic)
849 ± 336
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
431 ± 204

8.8%

Hispanic Population

1.03k people

8.8% of the people in Monument, CO are hispanic (1.03k people).

The following chart shows the 8 races represented in Monument, CO as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Colorado.

Most Common Origin

Mexico
205,206 ± 10,925 people
India
23,918 ± 3,789 people
China
18,011 ± 3,290 people

In 2024, the most common birthplace for the foreign-born residents of Colorado was Mexico, the natal country of 205,206 Colorado residents, followed by India with 23,918 and China with 18,011.

Foreign-Born Population

4.22%

2024 Foreign-Born Population

495 people

3.79%

2023 Foreign-Born Population

418 people

As of 2024, 4.22% of Monument, CO residents (495 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Monument, CO was 3.79%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Monument, CO compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
654 ± 199
Vietnam
269 ± 170
Gulf War (1990s)
263 ± 180

Monument, CO has a large population of military personnel who served in Gulf War (2001-), 2.43 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Monument, CO.

Economy

The economy of Monument, CO employs 5.91k people. In 2024, the largest industries in Monument, CO were Educational Services (714 people), Professional, Scientific, & Technical Services (684 people), and Health Care & Social Assistance (614 people), and the highest paying industries were Information ($165,732), Retail Trade ($150,125), and Professional, Scientific, & Technical Services ($113,250).

Employment

Occupations

5.91k

2024 Value

± 678

7.79%

1 Year growth

± 15.1%

From 2023 to 2024, employment in Monument, CO grew at a rate of 7.79%, from 5.48k employees to 5.91k employees.

The most common job groups, by number of people living in Monument, CO, are Management Occupations (750 people), Education Instruction, & Library Occupations (590 people), and Computer & Mathematical Occupations (508 people). This chart illustrates the share breakdown of the primary jobs held by residents of Monument, CO.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Colorado.

This chart shows weekly unemployment insurance claims in Colorado (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

5.91k

2024 Value

± 678

7.79%

1 Year growth

± 15.1%

From 2023 to 2024, employment in Monument, CO grew at a rate of 7.79%, from 5.48k employees to 5.91k employees.

The most common employment sectors for those who live in Monument, CO, are Educational Services (714 people), Professional, Scientific, & Technical Services (684 people), and Health Care & Social Assistance (614 people). This chart shows the share breakdown of the primary industries for residents of Monument, CO, though some of these residents may live in Monument, CO and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$82,351

Median earning men ± $11,839

$52,146

Median earning women ± $11,018

The industries with the best median earnings for men in 2024 are Information ($220,484), Professional, Scientific, & Management, & Administrative & Waste Management Services ($121,042), and Retail Trade ($118,529).

The industries with the best median earnings for women in 2024 are Information ($165,366), Retail Trade ($150,556), and Public Administration ($127,778).

Housing & Living

The median property value in Monument, CO was $636,700 in 2024, which is 1.91 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $586,400 to $636,700, a 8.58% increase. The homeownership rate in Monument, CO is 76.1%, which is higher than the national average of 65.2%.

People in Monument, CO have an average commute time of 28.8 minutes, and they drove alone to work. Car ownership in Monument, CO is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$636,700

Median Property Value 2024

±$42,414

$3,254

Median Property Taxes

±$487

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Monument, CO the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Monument, CO compared to it's parent and neighbor geographies.

Rent vs Own

76.1%

Homeownership

2024

71.2%

Homeowners with Mortgage

2024

In 2024, 76.1% of the housing units in Monument, CO were occupied by their owner. This percentage declined from the previous year's rate of 78.5%.

This chart shows the percentage of owner in Monument, CO compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$128,816

Median Household Income

± $13,478

4.27k

Number of Households

± 575

In 2024, the median household income of the 4.27k households in Monument, CO grew to $128,816 from the previous year's value of $114,654.

The following chart displays the households in Monument, CO distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Monument, CO is from Colorado.

0.46

2024 Wage GINI in Colorado

0.462

2023 Wage GINI in Colorado

In 2024, the income inequality in Colorado was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.498% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Colorado was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Colorado in comparison to the national average.

This chart shows the number of workers in Colorado across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (64.8%)
Worked At Home (25%)
Carpooled (7.51%)

In 2024, 64.8% of workers in Monument, CO drove alone to work, followed by those who worked at home (25%) and those who carpooled to work (7.51%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

28.8 minutes

Average Travel Time

Using averages, employees in Monument, CO have a longer commute time (28.8 minutes) than the normal US worker (26.4 minutes). Additionally, 1.71% of the workforce in Monument, CO have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Monument, CO compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Monument, CO distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Monument, CO have 2 cars.

Poverty

Poverty & Diversity

4.65% of the population for whom poverty status is determined in Monument, CO (545 out of 11.7k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Males 18 - 24 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Monument, CO is White, followed by Asian and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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