Monument

Population: 11,035
Median household income: $114,654
Median home value: $586,400

Monument, a community in El Paso County, Colorado, has 11,035 residents. Its median household income of $114,654 runs above the El Paso County figure of $87,470.

Between 2019 and 2023, Monument's population grew 49.2% from 7,398 to 11,035, while its median home value rose 53.7% from $381,600 to $586,400.

5.5% of residents live below the poverty line. Households average 2.79 people.

Demographics

ACS 2019–2023

Population: 11,035
Median age: 38.0 yrs
Median household income: $114,654
Median home value: $586,400
Median gross rent: $1,947
Housing units: 4,087
Homeownership rate: 78.5%
Bachelor's degree or higher: 57.5%
Unemployment rate: 5.3%

Trends

ACS 5-year · 2019–2023

Population

7,39811,035

Median household income

$107,168$114,654

Median home value

$381,600$586,400

Median gross rent

$1,586$1,947

Year	Population	Median household income	Median home value	Median gross rent
2019	7,398	$107,168	$381,600	$1,586
2020	7,691	$100,339	$410,800	$1,598
2021	10,026	$102,278	$417,900	$1,771
2022	10,548	$102,969	$497,900	$1,768
2023	11,035	$114,654	$586,400	$1,947

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.5%

5 to 1723.3%

18 to 248.7%

25 to 348.6%

35 to 4412.6%

45 to 5417.8%

55 to 6410.1%

65 to 749.4%

75 and over4.0%

	Count	Share
Under 5	608	5.5%
5 to 17	2,574	23.3%
18 to 24	964	8.7%
25 to 34	946	8.6%
35 to 44	1,395	12.6%
45 to 54	1,960	17.8%
55 to 64	1,113	10.1%
65 to 74	1,037	9.4%
75 and over	438	4.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	9,334	84.6%
Black or African American	18	0.2%
American Indian & Alaska Native	0	0.0%
Asian	229	2.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	475	4.3%
Hispanic or Latino (any race)	979	8.9%

Educational attainment (age 25+)

No high school diploma1.3%

High school graduate15.8%

Some college or associate's25.4%

Bachelor's degree29.2%

Graduate or professional degree28.3%

	Count	Share
No high school diploma	90	1.3%
High school graduate	1,087	15.8%
Some college or associate's	1,749	25.4%
Bachelor's degree	2,015	29.2%
Graduate or professional degree	1,948	28.3%

Commute to work

Mean travel time to work: 30 min

Drove alone63.0%

Carpooled9.3%

Public transit0.0%

Walked0.0%

Bicycle2.5%

Worked from home23.2%

Other means2.0%

How workers get to work

	Count	Share
Drove alone	3,459	63.0%
Carpooled	513	9.3%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	139	2.5%
Worked from home	1,274	23.2%
Other means	108	2.0%

Travel time

	Count	Share
Under 15 min	907	21.5%
15 to 29 min	1,415	33.5%
30 to 44 min	835	19.8%
45 to 59 min	357	8.5%
60+ min	705	16.7%

Households

Average household size: 2.79
Poverty rate: 5.5% (607 of 11,025)

	Count	Share
Family households	2,971	75.1%
Nonfamily households	987	24.9%

Housing

Median year structure built: 2006

Occupancy

	Count	Share
Occupied	3,958	96.8%
Vacant	129	3.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	3,108	78.5%
Renter-occupied	850	21.5%

1-unit, detached75.6%

1-unit, attached9.8%

2 to 4 units2.6%

5 to 19 units4.1%

20 or more units6.2%

Mobile home & other1.7%

Units in structure

	Count	Share
1-unit, detached	3,089	75.6%
1-unit, attached	399	9.8%
2 to 4 units	106	2.6%
5 to 19 units	168	4.1%
20 or more units	255	6.2%
Mobile home & other	70	1.7%

Geography

Place GEOID: 0851800
Type (LSAD): 43
Land area: 6.97 sq mi
Water area: 0.05 sq mi
Center point: 39.0744, -104.8442