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Monument, CO
Key Indicators
A quick look at key numbers
Population
11,735
Source: U.S. Census Bureau American Community Survey (ACS) 2020-2024 5-Year Estimates
Median Age
38.3
years ∙ half population younger than 38.3, half older
Diversity Index
29.4%
chance two random people differ in race and ethnicity
Nativity
4.2%
foreign-born population
Geographic Context
Location, size, and surroundings
About
Monument is a town within El Paso County, Colorado, United States.
Co-ordinates
DEC39.074406° N, 104.844221° W
DMS39° 04′ 27.86″ N, 104° 50′ 39.20″ W
Population Density & area
1,684/sq mi
(649.8/km²)
Demographics & Living
Who lives here, how households are formed, and community composition
Population Composition
Key characteristics of the population
Sex Distribution
46%
male
Male
46%
Female
54%
males per 100 females
Monument
85
El Paso County
103.3
Colorado
102.6
Nativity
4.2%
foreign-born population
% Foreign-born
Monument
4.2%
El Paso County
7.2%
Colorado
9.8%
Age Distribution
How the population is spread across age groups
Median Age
38.3
years ∙ half population younger than 38.3, half older
Dependency ratio
65.8
dependents per 100 working-age adults
Monument
65.8
El Paso County
59.1
Colorado
57.7
AGE DISTRIBUTION
Distribution of age group
Median age
| Monument | El Paso County | Colorado | |
|---|---|---|---|
| Age Group | |||
| Children (Under 18) | 26.8% | 23.1% | 21% |
| Working age (18-64) | 60.3% | 62.9% | 63.4% |
| Senior (65+) | 12.9% | 14% | 15.6% |
| Dependency ratio | |||
| Total dependency ratio | 65.8 | 59.1 | 57.7 |
| Child dependency ratio | 44.4 | 36.8 | 33.1 |
| Old-age dependency ratio | 21.4 | 22.3 | 24.6 |
Racial & Ethnic Composition
Racial and ethnic makeup and how it compares
Race & Ethnicity
Note: White, Black, and Asian refer to individuals belonging to a single race and not of Hispanic origin. Hispanics may be of any race.
Diversity Index
29.4%
chance two random people differ in race and ethnicity
Monument
29.4%
El Paso County
52.7%
Colorado
52.5%
Note: The Diversity Index (DI), based on the Blau Index, measures the probability that two randomly selected individuals differ in race and ethnicity. Values range from 0 (no diversity) to 1 (high diversity) and are shown as percentages.
RACIAL & ETHNIC COMPOSITION
Race & Ethnicity
Percentage of Monument population
| Monument | El Paso County | Colorado | |
|---|---|---|---|
| Hispanic or Latino | 8.8% | 18.7% | 22.5% |
| Mexican | 3.9% | 11.4% | 15.8% |
| Puerto Rican | 0.7% | 1.4% | 0.7% |
| Cuban | 0% | 0.4% | 0.3% |
| Other Hispanic / Latino | 4.2% | 5.5% | 5.7% |
| Not Hispanic or Latino | 91.2% | 81.3% | 77.5% |
| One race | 87% | 74.9% | 72.9% |
| White | 83.4% | 65.6% | 64.8% |
| Black or African American | 0.7% | 5.5% | 3.8% |
| American Indian and Alaska Native | 0% | 0.2% | 0.4% |
| Asian | 2.9% | 2.8% | 3.2% |
| Native Hawaiian and Other Pacific Islander | 0% | 0.2% | 0.1% |
| Some Other Race | 0% | 0.6% | 0.5% |
| Two or more races (Multiracial) | 4.2% | 6.4% | 4.6% |
Household & Families Composition
Household size, type, and family structure
Household structure
74.7%
family
Family
74.7%
Non family
25.3%
% family households
Monument
74.7%
El Paso County
67%
Colorado
61.7%
Average household size
2.75
persons per household
Household & Family COMPOSITION
Households
Percentage of Monument population
| Monument | El Paso County | Colorado | |
|---|---|---|---|
| Total households | 4,274 | 290,190 | 2,374,218 |
| Average houshold size | 2.75 | 2.48 | 2.42 |
| Family households | 3,194 | 194,314 | 1,465,097 |
| Average family size | 3.17 | 3 | 3.01 |
| Married couple family | 2,609 | 152,309 | 1,147,437 |
| Other families | 585 | 42,005 | 317,660 |
| Male householder | 199 | 13,853 | 106,780 |
| Female householder | 386 | 28,152 | 210,880 |
| Non-family households | 1,080 | 95,876 | 909,121 |
| One-person households | 888 | 73,279 | 679,604 |
| Male householder | 304 | 35,481 | 330,797 |
| Senior (65+) living alone | 38 | 9,171 | 88,830 |
| Female householder | 584 | 37,798 | 348,807 |
| Senior (65+) living alone | 294 | 16,864 | 157,958 |
| Other living arrangements | 192 | 22,597 | 229,517 |
Housing Profile
Housing stock, ownership, rentals, and cost burdens
Total housing units
4,407
housing units
Monument
4,407
El Paso County
303,482
Colorado
2,589,053
Occupancy status
97%
occupied
Occupied
97%
Vacant
3%
vacancy rate
Monument
3%
El Paso County
4.4%
Colorado
8.3%
Housing Characteristics
How the housing supply is structured and used
Types of Housing unit
84.9%
Single family houses
Median Year Built
2007
Half of houses were built before 2007, and half after.
Note: Median year built reflects occupied units only; distribution includes all units.
Housing Characteristics
Units, rooms & bedrooms
Physical characteristics of housing units
| Monument | El Paso County | Colorado | |
|---|---|---|---|
| Rooms per unit | |||
| Median rooms | 7 | 6.2 | 5.7 |
| 1–3 rooms | 7.3% | 13.6% | 17.3% |
| 4–6 rooms | 35.7% | 40% | 43.7% |
| 7+ rooms | 56.9% | 46.4% | 39.1% |
| Bedrooms | |||
| No bedroom / studio | 0.6% | 2% | 2.7% |
| 1 bedroom | 4.7% | 9.3% | 11.7% |
| 2 bedrooms | 14.2% | 20.4% | 24.1% |
| 3 bedrooms | 20.1% | 30.3% | 32.3% |
| 4+ bedrooms | 60.6% | 38% | 29.2% |
| At a glance | |||
| Median year built | 2007 | 1989 | 1988 |
| Total housing units | 4,407 | 303,482 | 2,589,053 |
Occupancy Profile
Who is inside and how they use it
Homeownership
76.1%
owners
Renter-occupied
23.9%
Owner-occupied
76.1%
homeownership rate
Monument
76.1%
El Paso County
66.2%
Colorado
66.2%
Average household size
2.99
Owner-occupied
1.96
Renter-occupied
owner-occupied average size
Monument
2.99
El Paso County
2.6
Colorado
2.56
Housing Characteristics
Occupied unit characteristics
Tenure, crowding, and utilities
| Monument | El Paso County | Colorado | |
|---|---|---|---|
| Total occupied units | 4,274 | 290,190 | 2,374,218 |
| Year moved in | |||
| 2020 or later | 37.4% | 33.5% | 30.5% |
| 2010 to 2019 | 41.5% | 39.8% | 41% |
| 2000 to 2009 | 18.2% | 14% | 14.8% |
| 1999 or earlier | 2.9% | 12.8% | 13.8% |
| Occupants per room | |||
| 1.00 or fewer | 98.5% | 98.1% | 97.6% |
| 1.01 to 1.50 | 1.5% | 1.3% | 1.6% |
| 1.51 or more | 0% | 0.7% | 0.8% |
| Vehicles availability | |||
| No vehicles | 5.1% | 3.8% | 5.2% |
| 1 vehicle | 24.1% | 29.7% | 30.7% |
| 2 vehicles | 35.8% | 40.5% | 38.8% |
| 3 or more vehicles | 34.9% | 25.9% | 25.4% |
| House heating fuel used | |||
| Gas | 79.7% | 73.1% | 71.3% |
| Electricity | 18.6% | 24.9% | 25.6% |
| Solar | 0.5% | 0.4% | 0.5% |
| Fuel oil, kerosene etc | 0% | 0.1% | 0.1% |
| All other fuels | 0.3% | 1% | 2% |
| No fuel used | 0.8% | 0.5% | 0.5% |
| Selected characteristics | |||
| Lacking complete plumbing | 0% | 0.3% | 0.3% |
| Lacking complete kitchen | 0.8% | 0.4% | 0.7% |
| No telephone service available | 0.2% | 0.5% | 0.7% |
Housing Value
What owner-occupied units are worth
Median home value
$636,700
owner-occupied units
Housing Cost Burden
31.5%
of homeowners with a mortgage are cost-burdened
Note: Households spending 30% or more of their income on housing costs are considered cost-burdened.
Financial characteristics
Property value and housing costs
Tenure, crowding, and utilities
| Monument | El Paso County | Colorado | |
|---|---|---|---|
| Property value | |||
| Median Value | $636,700 | $461,000 | $539,400 |
| Under $100,000 | 2.6% | 4.1% | 4.8% |
| $100,000 - $200,000 | 0% | 2.5% | 3.6% |
| $200,000 - $300,000 | 1.1% | 8.2% | 6.8% |
| $300,000 - $500,000 | 25.5% | 45% | 30% |
| $500,000 - $1,000,000 | 63.5% | 35.3% | 43.6% |
| $1,000,000 and more | 7.3% | 4.9% | 11.1% |
| Owner-occupied households | |||
| With a mortgage | 80% | 71.6% | 69.4% |
| Without a mortgage | 20% | 28.4% | 30.6% |
| Median monthly owner costs | |||
| With a mortgage | $2,683 | $2,145 | $2,326 |
| Without a mortgage | $880 | $623 | $663 |
| Gross rent | |||
| Median rent | $1,929 | $1,696 | $1,761 |
Education Profile
How educated is the community and how education pays off
Adults with a college degree
57.7%
of adults 25+ with a bachelor's degree or higher
Monument
57.7%
El Paso County
41.9%
Colorado
45.7%
Adults without a high school diploma
2.3%
of adults (25+) without a high school diploma
Monument
2.3%
El Paso County
5%
Colorado
7.1%
School Enrollment
Who is enrolled in school and at what level
School enrollment
3,343
population (age 3+) enrolled in school
College-going rate (18-24 yr olds)
42.5%
of 18-24-year-olds in college or graduate school
Enrollment & school type
Enrollment levels, college-going rate, and public vs private school split
Population 3+ currently enrolled in a school
| Monument | El Paso County | Colorado | |
|---|---|---|---|
| Total enrolled (age 3+) | 3,343 | 188,803 | 1,369,681 |
| Nursery / preschool | 8.4% | 5.1% | 5.9% |
| K–12 | 68.1% | 65.7% | 66.5% |
| Kindergarten | 4% | 4.5% | 4.5% |
| Elementary: Grades 1–4 | 18.6% | 19.9% | 19.4% |
| Elementary: Grades 5–8 | 20.5% | 20.8% | 20.9% |
| High School: Grades 9–12 | 25% | 20.5% | 21.7% |
| College or graduate school | 23.5% | 29.2% | 27.6% |
| College, undergraduate | 19.2% | 23.3% | 21% |
| Graduate, professional school | 4.2% | 5.9% | 6.6% |
| College-going rate · 18-24 yr olds | 42.5% | 34.6% | 38% |
| School type | |||
| Public school | 88% | 85.1% | 86% |
| Private school | 12% | 14.9% | 14% |
Education Attainment by Level & Gender
What is the highest level of education completed among adults
Education attainment
7,299
population 25 years and over
Attainment by gender
Male vs Female
Adults (25+) · Share within each education level
Educational Attainment Overview
Distribution and key education attainment rates for adults (25+)
Highest credential completed · adults 25+
| Monument | El Paso County | Colorado | |
|---|---|---|---|
| Population (25+) | 7,299 | 493,667 | 4,095,727 |
| Less than 9th grade | 0.4% | 1.9% | 3.1% |
| 9th–12th, no diploma | 1.9% | 3.1% | 4% |
| High school diploma or GED | 16.5% | 19.6% | 19.7% |
| Some college, no degree | 13% | 22.7% | 19.2% |
| Associate's degree | 10.6% | 10.9% | 8.3% |
| Bachelor's degree or higher | 57.7% | 41.9% | 45.7% |
| Bachelor's degree | 28.3% | 25% | 28.1% |
| Graduate or professional | 29.3% | 16.8% | 17.6% |
| High School or higher | 97.7% | 95.1% | 92.9% |
Earnings by education level
percentage as applicable
Median Earnings
$79,330
Median earnings for adults 25+, by level
Poverty Rate
3.5%
for ages 25+, with bachelors degree or higher
Outcomes by Education Level
Earnings and poverty rates across education levels (25+)
Adults 25+
| Monument | El Paso County | Colorado | |
|---|---|---|---|
| Median earnings | |||
| Population 25+, with earnings | $79,330 | $55,695 | $60,455 |
| Less than high school graduate | $79,500 | $37,024 | $37,820 |
| High school graduate (includes equivalency) | $41,392 | $42,303 | $45,140 |
| Some college or associate's degree | $65,370 | $48,699 | $50,210 |
| Bachelor's degree | $84,342 | $66,559 | $73,999 |
| Graduate or professional degree | $111,667 | $90,022 | $90,992 |
| Poverty rates | |||
| Less than high school graduate | 0% | 22.2% | 19.9% |
| High school graduate (includes equivalency) | 6.7% | 10.9% | 11.5% |
| Some college or associate's degree | 0% | 8.1% | 8.8% |
| Bachelor's degree or higher | 3.5% | 3.4% | 3.9% |
About Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.
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