Median real estate price in the Town Center of Monument is $738,153, which is more expensive than 66.8% of the neighborhoods in Colorado and 80.2% of the neighborhoods in the U.S.
The average rental price in Monument Town Center is currently $2,073, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.3% of Colorado neighborhoods.
Monument Town Center is a rural neighborhood (based on population density) located in Monument, Colorado.
Real estate in the Town Center of Monument, CO is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Monument Town Center, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 81.3% of all neighborhoods in the U.S. This means that the housing supply in Monument Town Center is very tight compared to the demand for property here.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Monument, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.9% of residents in the Monument Town Center neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
One way that the Monument Town Center neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.3% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Town Center neighborhood in Monument are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.1% of the neighborhoods in America. In addition, 3.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 71.1% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Monument Town Center neighborhood, 40.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.9%), and 18.2% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Monument Town Center neighborhood is English, spoken by 86.8% of households. Other important languages spoken here include Spanish and Italian.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Town Center neighborhood in Monument, CO, residents most commonly identify their ethnicity or ancestry as German (17.4%). There are also a number of people of English ancestry (13.6%), and residents who report Irish roots (9.9%), and some of the residents are also of Mexican ancestry (8.5%), along with some Scottish ancestry residents (4.2%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Monument Town Center neighborhood spend under 15 minutes commuting one-way to work (30.7% of working residents), one of the shortest commutes across America.
Here most residents (63.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (16.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.