Monument, El Paso County, CO demographics:
population, income, and more

Total population
46,002
3.0% year-over-year change
Median household income
$120,625/yr
-1.9% year-over-year change
Housing units
16,469
4.8% year-over-year change

Monument population

How many people live in Monument

Monument is home to 46,002 residents, according to the most recent Census data. Gender-wise, 52.8% of Monument locals are male, and 47.2% are female.

Total population
46,002
3.0% year-over-year change
Gender ratio
Male
52.8%
24,279
Female
47.2%
21,723
Value Percent YoY change
Male 24,279 52.8% 0.9%
Female 21,723 47.2% 5.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Monument is 43, with the population distributed as follows: about 17.3% are children under 15, then 20.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 20% of the population, while another 27.1% fall into the 45 to 64 bracket. Finally, around 15.4% are 65 or older.

Median age
43
Age breakdown
Under 15
17.3%
15 to 24
20.3%
25 to 44
20%
45 to 64
27.1%
Over 65
15.4%
Value Percent YoY change
Under 15 7,944 17.3% 0.8%
15 to 24 9,318 20.3% 2.5%
25 to 44 9,194 20% 5.1%
45 to 64 12,473 27.1% 1.6%
Over 65 7,074 15.4% 6.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Monument, 92% of the population are US-born citizens, while 6.2% have gained naturalized citizenship. At the same time, 1.8% of residents are non-citizens. As for race, 80.5% of locals are Caucasian, 2.5% are African American and 3.5% have Asian roots. Another 0.4% are Indigenous American, 0.4% are Pacific Islanders, while 3% identify as another race. There’s also a share of 9.7% that includes residents with two or more races.

Citizenship
U.S.-born citizens
92%
Non-U.S.-born citizens
6.2%
Non-citizens
1.8%
Value Percent YoY change
U.S.-born citizens 42,334 92% 3.4%
Non-U.S.-born citizens 2,830 6.2% -6.7%
Non-citizens 838 1.8% 19.4%
Racial breakdown
White
80.5%
Black or African American
2.5%
American Indian and Alaska Native
0.4%
Asian
3.5%
Native Hawaiian and other Pacific Islander
0.4%
Two or more races
9.7%
Other
3%
Value Percent
White 37,030 80.5%
Black or African American 1,142 2.5%
American Indian and Alaska Native 204 0.4%
Asian 1,612 3.5%
Native Hawaiian and other Pacific Islander 190 0.4%
Two or more races 4,467 9.7%
Other 1,357 3%

Households in Monument

A peek inside Monument households

Monument has 15,867 households, with an average of 3 members in each. Of these, 75.6% are families, while the remaining 24.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
15,867
5.6% year-over-year change
Average people per household
3
Non-family households
3,871
Family households
11,996
Value Percent YoY change
Non-family households 3,871 24.4% 12.1%
Family households 11,996 75.6% 3.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Monument

The housing landscape of Monument

Monument's housing consists of 16,469 units, with 74.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.9% of the housing landscape.

Housing units
16,469
4.8% year-over-year change
Housing types
Value Percent
1 unit, detached 12,326 74.8%
1 unit, attached 1,326 8%
2 units 79 0.5%
3 or 4 units 328 2%
5 to 9 units 301 1.8%
10 to 19 units 655 4%
20 to 49 units 644 3.9%
50 or more units 639 3.9%
Mobile home 145 0.9%
Boat, RV, van, etc. 27 0.2%
Homes built since 2020
747
102.4% year-over-year change

The age of buildings in Monument

In Monument, the median construction year is 1989. About 1.4% of homes were built before the 1940s, with another 0.8% going up by 1949. Most development happened in the second half of the 20th century. Then, 25.6% of homes were added from 2000 to 2009, 22% between 2010 and 2019, and 4.5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 232 1.4% 8.4%
Built between 1940 and 1949 135 0.8% -4.9%
Built between 1950 and 1959 282 1.7% 1.8%
Built between 1960 and 1969 445 2.7% 2.5%
Built between 1970 and 1979 1,138 6.9% 1.2%
Built between 1980 and 1989 2,501 15.2% 8.4%
Built between 1990 and 1999 3,150 19.1% 2.9%
Built between 2000 and 2009 4,216 25.6% -1.5%
Built between 2010 and 2019 3,624 22% 3.6%
Built in 2020 or later 747 4.5% 102.4%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Monument occupancy rates

Out of the 15,867 occupied housing units in Monument, 75.5% are owner-occupied, while 24.5% are lived in by tenants. Meanwhile, 3.7% of all homes on the local market sit vacant.

Occupied housing units
15,867
5.6% year-over-year change
Occupancy breakdown
Renter occupied
3,889
Owner occupied
11,978
Value Percent YoY
change
Renter occupied 3,889 24.5% 14.8%
Owner occupied 11,978 75.5% 2.9%
Unoccupied housing units
3.7%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Monument housing costs

Housing costs in Monument come to a median of $2,264 per month, while tenants specifically pay a median gross rent of $2,068.

Median housing costs per month
$2,264/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Monument
$2,068/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Monument

Monument education at a glance

About 14.4% of the population in Monument went to high school, while 28% pursued college studies. Another 7.8% earned an associate degree and 27.2% hold a bachelor’s. Meanwhile, 21.6% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 378 1% 40.0%
High school diploma 5,167 14.4% 9.7%
College diploma 10,057 28% 1.4%
Associate degree 2,789 7.8% 5.1%
Bachelor's degree 9,770 27.2% 2.3%
Graduate degree 7,776 21.6% 3.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Monument

How much people earn in Monument

The average annual household income in Monument was $145,536 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.1% change from the previous year. At the same time, the median income stood at $120,625, reflecting a -1.9% shift over the same period.

Average household income in Monument
$145,536/year
0.1% year-over-year change
Median household income in Monument
$120,625/year
-1.9% year-over-year change

Monument income by age

In Monument, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $128,609. Those with someone between 45 and 64 in charge, often well established professionally, earn $168,716 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $59,290, while those led by someone over 65, many of whom may be retired, have about $92,816 in earnings. Overall, 95.3% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $59,290 22.9%
25 - 44 $128,609 4.2%
45 - 64 $168,716 9.5%
Over 65 $92,816 3.9%
Above poverty level
39,243
Below poverty level
1,949
Value Percent YoY
change
Above poverty level 39,243 95.3% 2.7%
Below poverty level 1,949 4.7% 19.6%

Average renter income in Monument

To get a better sense of what renters earn on average in Monument, their median household income was $65,952 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 37.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$65,952
Rent-to-income ratio
37.6%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Monument

Workforce and job types in Monument

87.4% of the working population are employed in professional or administrative positions, while 12.6% are in hands-on or service-based jobs. Also, 11.5% run their own businesses, 62.7% are employed by private companies, and 17% work in the public sector.

Workforce demographics

White collar
16,948
Blue collar
2,447
Value Percent YoY change
White collar 16,948 87.4% 0.8%
Blue collar 2,447 12.6% 22.7%
Employer type
Self employees
11.5%
Private companies
62.7%
Governmental workers
17%
Not for profit companies
8.9%
Value Percent YoY change
Self employees 2,230 11.5% -6.3%
Private companies 12,152 62.7% 3.3%
Governmental workers 3,292 17% 5.5%
Not for profit companies 1,721 8.9% 11.2%

Transportation in Monument

How people get around in Monument

In Monument, the average commute time is 43 minutes. Commuting methods vary: 76.9% of residents travel by personal vehicle and 22.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
43 min
-8.5% year-over-year change
Means of transportation
Value Percent YoY change
Car 14,534 76.9% 0.5%
Taxicab 15 0.1% 25.0%
Bus or trolleybus 6 0% -33.3%
Motorcycle 61 0.3% 48.8%
Bicycle 47 0.2% -45.4%
Walk 4,243 22.4% -0.6%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

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FAQs about Monument demographics 

What is the total population of Monument?

Monument has a total population of 46,002 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +3.0% compared to a year ago.

What is the gender ratio in Monument?

The gender ratio in Monument is as follows:
  • 52.8% males (24,279 residents)
  • 47.2% females (21,723 residents)

What is the median age in Monument?

The median age in Monument is 43.

What is the age distribution of the population in Monument?

The age distribution in Monument is as follows:
  • Under 15: 17.3% (7,944 residents)
  • Ages 15-24: 20.3% (9,318 residents)
  • Ages 25-44: 20% (9,194 residents)
  • Ages 45-64: 27.1% (12,473 residents)
  • Over 65: 15.4% (7,074 residents)

What is the racial and ethnic makeup of Monument?

The racial and ethnic makeup of Monument is as follows:
  • White: 80.5% (37,030 residents)
  • Black or African American: 2.5% (1,142 residents)
  • American Indian and Alaska Native: 0.4% (204 residents)
  • Asian: 3.5% (1,612 residents)
  • Native Hawaiian and Other Pacific Islander: 0.4% (190 residents)
  • Two or More Races: 9.7% (4,467 residents)
  • Other: 3% (1,357 residents)

What percentage of the population in Monument are U.S.-born citizens?

U.S.-born citizens represent 92% of the population in Monument.

How many housing units are there in Monument?

There are 16,469 housing units in Monument, reflecting a +4.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Monument and what is the average household size?

Monument has a total of 15,867 households, with an average of 3 people in each.

What is the median household income in Monument?

Monument has a median household income of $120,625, representing a -1.9% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Monument?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 87.4% (16,948 residents)
  • Blue-collar workers: 12.6% (2,447 residents)

Places of employment:
  • Self-employed: 11.5% (2,230 residents)
  • Private companies: 62.7% (12,152 residents)
  • Governmental workers: 17% (3,292 residents)
  • Not-for-profit companies: 8.9% (1,721 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025