Monument is a medium-sized town located in the state of Colorado. With a population of 12,088 people and five associated neighborhoods, Monument is the 51st largest community in Colorado. Much of the housing stock in Monument was built relatively recently. The construction of new real estate can often be taken as an indication that the local Monument economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Monument, where the median household income is $114,654.00. 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 87.28% of the workforce employed in white-collar jobs, well above the national average. Overall, Monument is a town of professionals, service providers, and managers. There are especially a lot of people living in Monument who work in management occupations (15.08%), teaching (10.08%), and computer science and math (9.15%). There are many members of the armed forces living in Monument. You will notice when you visit or live here that some of the people you meet or see around town are employed by the armed services - even if they are not always in uniform. 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: 23.19% 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. 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 30.48 minutes, which is quite a bit higher than the national average. Being a small town, Monument does not have a public transit system used by locals to get to and from work.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 57.53% 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 2022 was $49,575, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $198,300 for a family of four. However, Monument contains both very wealthy and poor people as well. 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 Italian. The most common language spoken in Monument is English. Other important languages spoken here include Spanish and African languages.
