Monument

Population: 437
Median home value: $265,900

Located in Lea County, New Mexico, Monument is a community with a population of 437. The median home value of $265,900 is above the Lea County median ($176,000).

From 2019 to 2023, Monument's population grew 226.1% from 134 to 437, while its median home value rose 98.3% from $134,100 to $265,900.

Hispanic or Latino residents are the largest group, 81.2% of the population. 84.3% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 437
Median age: 26.4 yrs
Median household income: —
Median home value: $265,900
Median gross rent: —
Housing units: 124
Homeownership rate: 48.4%
Bachelor's degree or higher: 0.0%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

134437

Median home value

$134,100$265,900

Year	Population	Median household income	Median home value
2019	134	$52,946	$134,100
2020	76	—	$156,300
2021	143	—	$221,000
2022	129	—	$261,900
2023	437	—	$265,900

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

Age distribution

Under 512.6%

5 to 1728.4%

18 to 243.0%

25 to 3431.8%

35 to 442.3%

45 to 540.0%

55 to 6418.3%

65 to 741.6%

75 and over2.1%

	Count	Share
Under 5	55	12.6%
5 to 17	124	28.4%
18 to 24	13	3.0%
25 to 34	139	31.8%
35 to 44	10	2.3%
45 to 54	0	0.0%
55 to 64	80	18.3%
65 to 74	7	1.6%
75 and over	9	2.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	16	3.7%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	66	15.1%
Hispanic or Latino (any race)	355	81.2%

Educational attainment (age 25+)

No high school diploma60.8%

High school graduate24.1%

Some college or associate's15.1%

Bachelor's degree0.0%

Graduate or professional degree0.0%

	Count	Share
No high school diploma	149	60.8%
High school graduate	59	24.1%
Some college or associate's	37	15.1%
Bachelor's degree	0	0.0%
Graduate or professional degree	0	0.0%

Commute to work

Drove alone84.3%

Carpooled15.7%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home0.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	75	84.3%
Carpooled	14	15.7%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	0	0.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	0	0.0%
15 to 29 min	0	0.0%
30 to 44 min	75	84.3%
45 to 59 min	0	0.0%
60+ min	14	15.7%

Households

Average household size: 3.52
Poverty rate: 10.5% (46 of 437)

	Count	Share
Family households	108	87.1%
Nonfamily households	16	12.9%

Housing

Median year structure built: 1990

Occupancy

	Count	Share
Occupied	124	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	60	48.4%
Renter-occupied	64	51.6%

1-unit, detached48.4%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other51.6%

Units in structure

	Count	Share
1-unit, detached	60	48.4%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	64	51.6%

Geography

Place GEOID: 3549950
Type (LSAD): 57
Land area: 5.28 sq mi
Water area: 0 sq mi
Center point: 32.6242, -103.2776