Monument, NM
Population 437 · New Mexico
About Monument, NM
Monument is a small community in New Mexico with a population of 437 residents. The median household income is $0 per year, which is below the national average. The median age in Monument is 26.4 years.
Housing in Monument has a median home value of $265,900 and median monthly rent of $0. Of the 124 total housing units, renting is more common than owning, with 60 owner-occupied and 64 renter-occupied units.
The unemployment rate in Monument is 0.0% and the poverty rate is 10.5%. 0.0% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Monument, NM
Compared to national averages, Monument has a median household income of $0 (100% below the national median of $75,149). Home values average $265,900, which is 9% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Monument's income is 100% below the state average of $67,435, and home values are 14% above the state median of $233,762.
Why Live in Monument, NM?
Monument offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 10.5%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Monument’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monument has a population of 437 with a median age of 26.4 years. Compare Monument with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Monument
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Arthur | 438 | $81,875 | $113,900 | Compare |
| Jacona | 441 | $71,691 | $452,600 | Compare |
| Lemitar | 432 | $92,201 | $0 | Compare |
| Tecolotito | 432 | $0 | $9,999 | Compare |
| Lobo Canyon | 431 | $88,951 | $164,500 | Compare |
| Arrey | 429 | $0 | $0 | Compare |
| Blanco | 427 | $52,125 | $214,500 | Compare |
| Tesuque Pueblo | 427 | $61,875 | $98,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
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, NM?
The population of Monument, NM is 437 according to the latest Census data.
What is the median household income in Monument?
The median household income in Monument, NM is $0 per year.
What is the median home value in Monument?
The median home value in Monument, NM is $265,900.
What is the average rent in Monument?
The median monthly rent in Monument, NM is $0.
What is the unemployment rate in Monument?
The unemployment rate in Monument, NM is 0.0%.