Monument Beach, MA
Population 3,067 · Massachusetts
About Monument Beach, MA
Monument Beach is a small town located in Massachusetts with a population of 3,067 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,953 per year, which is 16% above the national median of $75,149. The median age of 46.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Monument Beach features a median home value of $540,600, which is 121% above the national median of $244,900. This places Monument Beach in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,723, 48% above the national average of $1,163/month. Of the 1,742 total housing units, 76% are owner-occupied (1,071 units) and 24% are renter-occupied (330 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Monument Beach shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Monument Beach have an average one-way commute time of 28.9 minutes.
Education & Demographics
46.1% of Monument Beach residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.8% of the population being foreign-born.
How Monument Beach Ranks in Massachusetts
Cost of Living in Monument Beach, MA
Compared to national averages, Monument Beach has a median household income of $86,953 (16% above the national median of $75,149). Home values average $540,600, which is 121% above the national median. Monthly rent at $1,723 is 48% above the US average of $1,163. Within Massachusetts, Monument Beach's income is 18% below the state average of $105,630, and home values are 4% below the state median of $561,296.
Why Live in Monument Beach, MA?
Monument Beach offers a strong local economy with a median household income of $86,953, well above the national average, and a strong job market with an unemployment rate of just 1.6%, and a well-educated community where 46.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $540,600. However, Monument Beach’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monument Beach has a population of 3,067 with a median age of 46.9 years. Compare Monument Beach with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Monument Beach
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cordaville | 3,076 | $161,023 | $730,600 | Compare |
| Ocean Grove | 3,099 | $97,109 | $337,800 | Compare |
| Ayer | 3,012 | $81,286 | $417,300 | Compare |
| Hopkinton | 3,142 | $173,750 | $601,900 | Compare |
| Upton | 2,985 | $109,925 | $474,600 | Compare |
| Sandwich | 2,976 | $108,583 | $511,000 | Compare |
| South Dennis | 3,190 | $86,500 | $454,400 | Compare |
| Buzzards Bay | 2,941 | $95,847 | $453,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Monument Beach With Other Cities
Frequently Asked Questions about Monument Beach
What is the population of Monument Beach, MA?
The population of Monument Beach, MA is 3,067 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Massachusetts.
What is the median household income in Monument Beach?
The median household income in Monument Beach, MA is $86,953 per year, which is 16% above the national median of $75,149.
What is the median home value in Monument Beach?
The median home value in Monument Beach, MA is $540,600, which is 121% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Monument Beach?
The median monthly rent in Monument Beach, MA is $1,723, which is 48% above the national average of $1,163/month.
What is the unemployment rate in Monument Beach?
The unemployment rate in Monument Beach, MA is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Monument Beach, MA a good place to live?
Monument Beach offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,067 and a median age of 46.9, the city appeals to established professionals and retirees.
How educated is Monument Beach, MA?
46.1% of residents in Monument Beach aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Monument Beach?
Key cost-of-living indicators for Monument Beach, MA: median home value is $540,600 (121% above national), median rent is $1,723/month, and median household income is $86,953. The home-value-to-income ratio is 6.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Monument Beach?
The poverty rate in Monument Beach, MA is 3.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Monument Beach, MA?
Monument Beach's population is 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 4.8% of residents are foreign-born.