Monument is a somewhat small town located in the state of Colorado. With a population of 10,859 people and five constituent 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 $102,278.00.
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: 20.90% 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.
Monument is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Monument’s overall crime rate is lower than average for the country.
One downside of living in Monument is that it can take a long time to commute to work. In Monument, the average commute to work is 32.99 minutes, which is quite a bit higher than the national average.
Do you like to read, write and learn? If you move to Monument, you'll likely find that many of your neighbors like to as well. Monument is one of the more educated communities in America, with a full 53.48% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Monument in 2018 was $44,204, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $176,816 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. Important ancestries of people in Monument include English, German, Irish, Polish, and European.
The most common language spoken in Monument is English. Other important languages spoken here include Spanish and African languages.