Monument, CO

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Population

6,760

6.52% growth

Median Age

34.5


Median Household Income

$104,488

6.19% growth

Poverty Rate

3.34%


Number of Employees

3,436

4.53% growth

Median Property Value

$337,500

1.35% growth

About

In 2017, Monument, CO had a population of 6.76k people with a median age of 34.5 and a median household income of $104,488. Between 2016 and 2017 the population of Monument, CO grew from 6,346 to 6,760, a 6.52% increase and its median household income grew from $98,397 to $104,488, a 6.19% increase.

The population of Monument, CO is 76.2% White Alone, 11.5% Hispanic or Latino, and 8.46% Two or More Races. 10.6% of the people in Monument, CO speak a non-English language, and 95.5% are U.S. citizens.

The median property value in Monument, CO is $337,500, and the homeownership rate is 80.5%. Most people in Monument, CO commute by Drove Alone, and the average commute time is 23.7 minutes. The average car ownership in Monument, CO is 2 cars per household.

About the photo: Garden of the Gods

Economy

The economy of Monument, CO employs 3.44k people. The largest industries in Monument, CO are Accommodation & Food Services (553 people), Educational Services (468 people), and Health Care & Social Assistance (380 people), and the highest paying industries are Transportation & Warehousing, & Utilities ($115,288), Transportation & Warehousing ($108,958), and Manufacturing ($81,944).

Median household income in Monument, CO is $104,488. Males in Monument, CO have an average income that is 1.33 times higher than the average income of females, which is $51,692. The income inequality in Monument, CO (measured using the Gini index) is 0.471, which is lower than than the national average.

Wages

Median Household Income

$104,488

2017 value

± $9,588

6.19%

1 Year Growth

± 12.1%

Households in Monument, CO have a median annual income of $104,488, which is more than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $98,397 in 2016, which represents a 6.19% annual growth.

Look at the chart to see how the median household income in Monument, CO compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

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

$68,531

Average Male Salary

± $1,541

$51,692

Average Female Salary

± $1,226

In 2017, full-time male employees in Monument, CO made 1.33 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Monument, CO by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

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

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $54,772 ± $5,354

  2. White

    $54,520 ± $998

  3. Native Hawaiian and Other Pacific Islander

    $47,825 ± $27,111

In 2017 the highest paid race/ethnicity of Monument, CO workers was Asian. These workers were paid 1 times more than White workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Monument, CO by number of full-time employees.

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Wage Distribution

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

0.471

2017 Wage GINI

0.471

2016 Wage GINI

In 2017, the income inequality in Colorado was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.0949% decline from 2016 to 2017, which means that wage distribution grew somewhat more even.

The 2017 the GINI for Colorado was lower than than the national average of 0.479. 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.

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Income by Location

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Highest Median Household Income (Total)

  1. N/A

  2. N/A

  3. N/A

In 2017, the place with the highest Median Household Income (Total) in Monument, CO was N/A with a value of N/A, followed by N/A and N/A, with respective values of N/A and N/A.

The following map shows all of the places in Monument, CO colored by their Median Household Income (Total).

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Poverty by Age and Gender

Males 16 - 17

Largest Demographic Living in Poverty

3.34% of the population for whom poverty status is determined in Monument, CO (226 out of 6.76k people) live below the poverty line, a number that is lower than the national average of 13.4%. The largest demographic living in poverty are Males 16 - 17, followed by Females < 5 and then Females 12 - 14.

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.

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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    184 ± 131

  2. Asian

    30 ± 98

  3. Native American

    12 ± 87

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

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.

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Occupations

Employment by Occupations

3.44k

2017 Value

± 543

4.53%

1 Year growth

± 21.3%

From 2016 to 2017, employment in Monument, CO grew at a rate of 4.53%, from 3.29k employees to 3.44k employees.

The most common job groups, by number of people living in Monument, CO, are Management Occupations (483 people), Food Preparation & Serving Related Occupations (448 people), and Sales & Related Occupations (372 people). This chart illustrates the share breakdown of the primary jobs held by residents of Monument, CO.

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Most Common

The most common jobs held by residents of Monument, CO, by number of employees, are Management Occupations (483 people), Food Preparation & Serving Related Occupations (448 people), and Sales & Related Occupations (372 people).

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Most Specialized

Compared to other places, Monument, CO has an unusually high number of residents working as Food Preparation & Serving Related Occupations (2.23 times higher than expected), Arts, Design, Entertainment, Sports, & Media Occupations (2.13 times), and Computer & Mathematical Occupations (1.87 times).

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Highest Paid

The highest paid jobs held by residents of Monument, CO, by median earnings, are Health Diagnosing & Treating Practitioners & Other Technical Occupations ($133,194), Computer & Mathematical Occupations ($108,843), and Computer, Engineering, & Science Occupations ($104,850).

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Industries

Employment by Industries

3.44k

2017 Value

± 543

4.53%

1 Year growth

± 21.3%

From 2016 to 2017, employment in Monument, CO grew at a rate of 4.53%, from 3.29k employees to 3.44k employees.

The most common employment sectors for those who live in Monument, CO, are Accommodation & Food Services (553 people), Educational Services (468 people), and Health Care & Social Assistance (380 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.

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Most Common

The most common industries in Monument, CO, by number of employees, are Accommodation & Food Services (553 people), Educational Services (468 people), and Health Care & Social Assistance (380 people).

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Most Specialized

Compared to other places, Monument, CO has an unusually high number of Management of Companies & Enterprises (5.1 times higher than expected), Arts, Entertainment, & Recreation (2.58 times), and Accommodation & Food Services (2.11 times) industries.

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Highest Paying

The highest paying industries in Monument, CO, by median earnings, are Transportation & Warehousing, & Utilities ($115,288), Transportation & Warehousing ($108,958), and Manufacturing ($81,944).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Colorado to other states, or from other states to Colorado.

Top Domestic Production in Dollars

  1. $30.1B

  2. $22.9B

  3. $15.7B

In 2015, the top outbound Colorado product (by dollars) was Coal-n.e.c. with $30.1B, followed by Mixed freight with $22.9B and Electronics and $15.7B.

The following chart shows the share of these products in relation to all outbound Colorado products.

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Domestic Trade Growth

Showing data for Colorado state.

$208B

2015 Value

$314B

Projected 2045 Value

51.4% growth

In 2015, total outbound Colorado trade was $208B. This is expected to increase 51.4% to $314B by 2045.

The following chart shows how the domestic outbound Colorado trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Colorado to other states, or from other states to Colorado.

Most Common Trade Partners

  1. $12.5B

  2. $9.22B

  3. $7.43B

In 2015, the top outbound Colorado domestic partner for goods and services (by dollars) was Wyoming with $12.5B, followed by Nebraska with $9.22B and California and $7.43B.

The following map shows the amount of trade that Colorado shares with each state (excluding itself).

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Health

93.4% of the population of Monument, CO has health coverage, with 57.7% on employee plans, 8.27% on Medicaid, 3.27% on Medicare, 16.4% on non-group plans, and 7.76% on military or VA plans.

Per capita personal health care spending in the place of Monument, CO was $6,804 in 2014. This is a 5.13% increase from the previous year ($6,472).

Primary care physicians in Monument, CO see 1243 patients per year on average, which represents a 0.404% increase from the previous year (1238 patients). Compare this to dentists who see 1291 patients per year, and mental health providers who see 326 patients per year.

Comparing across all counties in the state, Fremont County has the highest prevalence of diabetes (8.8%). Additionally, Logan County has the highest prevalence of adult obesity (28.9%)

Patient to Clinician Ratios

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

1,243 to 1

Patient to Primary Care Physician Ratio

Primary care physicians in Colorado see an average of 1,243 patients per year. This represents a 0.404% increase from the previous year (1,238 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Colorado in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. 8.26% of the population affected

  2. 8.13% of the population affected

  3. 7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. 19.2% of adults

  2. 17.9% of adults

  3. 17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

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

$6,804

Total Per Capita Spending on Personal Health Care 

$4,623

Per Enrollee Private Health Insurance Spending on Personal Health Care

$7,143

Per Enrollee Medicaid Spending on Personal Health Care

$9,287

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in Colorado (including private, Medicare, and Medicaid) grew 5.13%, from $6,472 to $6,804.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

6.6%

Uninsured

57.7%

Employer Coverage

8.27%

Medicaid

3.27%

Medicare

16.4%

Non-Group

7.76%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Monument, CO declined by 8.14% from 7.18% to 6.6%.

The following chart shows how the percent of uninsured individuals in Monument, CO changed over time compared with the percent of individuals enrolled in various types of health insurance.

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Health Risks

Data available at the county level.

Most at risk counties

  1. 8.8% prevalence

  2. 8.7% prevalence

  3. 8.4% prevalence

Fremont County has the highest prevalence of diabetes in Colorado, at 8.8%.

The following map shows the prevalence of diabetes in Colorado by county over multiple years.

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Diversity

Monument, CO is home to a population of 6.76k people, from which 95.5% are citizens. As of 2017, 7.9% of Monument, CO residents were born outside of the country.

The ethnic composition of the population of Monument, CO is composed of 5.15k White Alone residents (76.2%), 776 Hispanic or Latino residents (11.5%), 572 Two or More Races residents (8.46%), 151 Asian Alone residents (2.23%), 107 Black or African American Alone residents (1.58%), 0 Native Hawaiian & Other Pacific Islander Alone residents (0%), 0 American Indian & Alaska Native Alone residents (0%), and 0 Some Other Race Alone residents (0%).

The most common foreign languages spoken in Monument, CO are Spanish or Spanish Creole (452 speakers), African Languages (66 speakers), and Korean (39 speakers).

Age

Age by Nativity

35

Median Native-Born Age

± 3.9

31

Median Foreign-Born Age

± 5.2

In 2017, the median age of all people in Monument, CO was 34.5. Native-born citizens, with a median age of 35, were generally older than than foreign-born citizens, with a median age of 31. But people in Monument, CO are getting getting younger. In 2016, the average age of all Monument, CO residents was 35.

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Heritage

Foreign-Born Population

7.9%

2017 Foreign-Born Population

8.27%

2016 Foreign-Born Population

As of 2017, 7.9% of Monument, CO residents were born outside of the United States, which is lower than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Monument, CO was 8.27%, meaning that the rate has been decreasing.

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

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Global Diversity

Most Common Origin

  1. Mexico

    230,780 ± 11,541 people

  2. India

    19,019 ± 3,380 people

  3. Vietnam

    17,347 ± 3,228 people

In 2017, the most common birthplace for the foreign-born residents of Monument, CO was Mexico, the natal country of 230,780 Monument, CO residents, followed by India with 19,019 and Vietnam with 17,347.

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Citizenship

95.5%

2017 Citizenship

95.7%

2016 Citizenship

As of 2017, 95.5% of Monument, CO residents were US citizens, which is higher than the national average of 93.1%. In 2016, the percentage of US citizens in Monument, CO was 95.7%, 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.

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Race and Ethnicity

Most Common

  1. White Alone

    5.15k ± 550

  2. Hispanic or Latino

    776 ± 419

  3. Two or More Races

    572 ± 327

In 2017, there were 6.64 times more White Alone residents (5.15k people) in Monument, CO than any other race or ethnicity. There were 776 Hispanic or Latino and 572 Two or More Races residents, the second and third most common racial or ethnic groups.

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

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Non-English Speakers

Most Common Languages

  1. Spanish or Spanish Creole

    452 speakers (7.84%)

  2. African Languages

    66 speakers (1.14%)

  3. Korean

    39 speakers (0.676%)

10.6% of Monument, CO citizens are speakers of a non-English language, which is lower than the national average of 21.5%. In 2015, the most common non-English language spoken in Monument, CO was Spanish or Spanish Creole. 7.84% of the overall population of Monument, CO are native Spanish or Spanish Creole speakers. 1.14% speak African Languages and 0.676% speak Spanish or Spanish Creole, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Gulf War (2001-)

    536 ± 213

  2. Vietnam

    172 ± 105

  3. Gulf War (1990s)

    38 ± 37

Monument, CO has a large population of military personnel who served in Gulf War (2001-), 3.12 times greater than any other conflict.

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Housing & Living

The median property value in Monument, CO was $337,500 in 2017, which is 1.55 times larger than the national average of $217,600. Between 2016 and 2017 the median property value increased from $333,000 to $337,500, a 1.35% increase. The homeownership rate in Monument, CO is 80.5%, which is higher than the national average of 63.9%. People in Monument, CO have an average commute time of 23.7 minutes, and they commute by Drove Alone. Car ownership in Monument, CO is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

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

$104,488

Median Household Income

± $9,588

2.09k

Number of Households

± 311

In 2017, the median household income of the 2.09k households in Monument, CO grew to $104,488 from the previous year's value of $98,397.

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 $75k - $100k range.

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Housing

Property Value

$337,500

2017 Median

± $11,443

$333,000

2016 Median

± $16,421

In 2017, the median property value in Monument, CO grew to to $337,500 from the previous year's value of $333,000.

The following charts display, first, the property values in Monument, CO compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Monument, CO the largest share of households have a property value in the $300k - $400k range.

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Property Taxes

$2k - $3k

Average Range

This chart shows the households in Monument, CO 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 $2k - $3k range.

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Rent vs Own

80.5%

2017 Homeownership

84.3%

2016 Homeownership

In 2017, 80.5% of the housing units in Monument, CO were occupied by their owner. This percentage declined from the previous year's rate of 84.3%.

This percentage of owner-occupation is higher than the national average of 63.9%. This chart shows the ownership percentage in Monument, CO compared it's parent and neighboring geographies.

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Transportation

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, followed by 3 cars.

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Commute Time

23.7 minutes

Average Travel Time

Using averages, employees in Monument, CO have a shorter commute time (23.7 minutes) than the normal US worker (25.1 minutes). Additionally, 2.62% 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.

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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    76.4%

  2. Worked At Home

    11%

  3. Carpooled

    8.21%

In 2017, the most common method of travel for workers in Monument, CO was Drove Alone, followed by those who Worked At Home and those who Carpooled.

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