Monument is a somewhat small town located in the state of Colorado. With a population of 11,793 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 $102,969.00. 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.Monument is a decidedly white-collar town, with fully 87.44% of the workforce employed in white-collar jobs, well above the national average. Overall, Monument is a town of professionals, managers, and service providers. There are especially a lot of people living in Monument who work in management occupations (14.86%), teaching (11.11%), and sales jobs (8.84%). 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: 21.88% 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 great place for families with children to consider. First of all, many other families with children live here, making Monument a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Monument has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Monument’s overall crime rate is lower than average for the country. Being a small town, Monument does not have a public transit system used by locals to get to and from work.Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Monument. 54.60% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in Monument in 2022 was $44,556, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $178,224 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 Norwegian. The most common language spoken in Monument is English. Other important languages spoken here include Spanish and African languages.
