Monument, CO
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Living in Monument


Monument is a somewhat small town located in the state of Colorado. With a population of 6,420 people and two constituent neighborhoods, Monument is the 75th 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 $93,341.00.

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 a decidedly white-collar town, with fully 88.59% of the workforce employed in white-collar jobs, well above the national average. Overall, Monument is a town of professionals, managers, and service providers. There are especially a lot of people living in Monument who work in management occupations (15.13%), food service (12.73%), and sales jobs (10.71%).

Of important note, Monument is also a town of artists. Monument has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Monument’s character.

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: 13.04% 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.

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. 51.94% 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 2010 was $31,360, which is upper middle income relative to Colorado and the nation. This equates to an annual income of $125,440 for a family of four.

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. Monument also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.46% of the town’s residents. Important ancestries of people in Monument include Irish, English, Italian, and Polish.

The most common language spoken in Monument is English. Other important languages spoken here include Spanish and African languages.

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