Monument, CO
Population 11,035 · Colorado
About Monument, CO
Monument is a mid-sized city in Colorado with a population of 11,035 residents. The median household income is $114,654 per year, which is above the national average. The median age in Monument is 38 years.
Housing in Monument has a median home value of $586,400 and median monthly rent of $1,947. Of the 4,087 total housing units, the majority are owner-occupied, with 3,108 owner-occupied and 850 renter-occupied units.
The unemployment rate in Monument is 5.3% and the poverty rate is 5.5%. 57.5% of residents hold a bachelor's degree or higher. The average commute time is 30.5 minutes.
Cost of Living in Monument, CO
Compared to national averages, Monument has a median household income of $114,654 (53% above the national median of $75,149). Home values average $586,400, which is 139% above the national median. Monthly rent at $1,947 is 67% above the US average of $1,163. Within Colorado, Monument's income is 30% above the state average of $88,514, and home values are 28% above the state median of $457,127.
Why Live in Monument, CO?
Monument offers a strong local economy with a median household income of $114,654, well above the national average, and a well-educated community where 57.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $586,400. However, Monument’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monument has a population of 11,035 with a median age of 38 years. Compare Monument with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Monument
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cherry Creek | 11,011 | $147,618 | $856,800 | Compare |
| Berkley | 10,838 | $76,232 | $453,600 | Compare |
| Fort Morgan | 11,521 | $59,121 | $259,900 | Compare |
| Wellington | 11,538 | $103,888 | $442,500 | Compare |
| Fairmount | 10,521 | $163,785 | $772,600 | Compare |
| Rifle | 10,466 | $80,629 | $377,900 | Compare |
| Gunbarrel | 10,424 | $111,506 | $789,200 | Compare |
| Edwards | 10,415 | $90,735 | $747,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Monument
What is the population of Monument, CO?
The population of Monument, CO is 11,035 according to the latest Census data.
What is the median household income in Monument?
The median household income in Monument, CO is $114,654 per year.
What is the median home value in Monument?
The median home value in Monument, CO is $586,400.
What is the average rent in Monument?
The median monthly rent in Monument, CO is $1,947.
What is the unemployment rate in Monument?
The unemployment rate in Monument, CO is 5.3%.