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. Monument has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. 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 quite a few people in the armed forces living in Monument, and when you visit or drive around town, you will see military people in and out of uniform, shopping, enjoying life, and being part of the community. 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. Monument is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Monument’s overall crime rate is lower than average for the country. One downside of living in Monument, however, is that residents on average have to contend with a long commute, spending on average 30.48 minutes every day commuting to work. 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. 57.53% 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 $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.
