Monument, OR
Population 198 · Oregon
About Monument, OR
Monument is a small community located in Oregon with a population of 198 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,809 per year, which is 51% below the national median of $75,149. The median age of 70 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 features a median home value of $2,000,001, which is 717% above the national median of $244,900. This places Monument in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $450, 61% below the national average of $1,163/month. Of the 175 total housing units, 82% are owner-occupied (128 units) and 18% are renter-occupied (28 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Monument shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.2%, above the national average of 12.4%. Workers in Monument have an average one-way commute time of 16.8 minutes, one of the shorter commutes in the region.
Education & Demographics
3.0% of Monument residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 8.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 34.8% Asian residents, with 9.1% of the population being foreign-born.
How Monument Ranks in Oregon
Cost of Living in Monument, OR
Compared to national averages, Monument has a median household income of $36,809 (51% below the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $450 is 61% below the US average of $1,163. Within Oregon, Monument's income is 52% below the state average of $76,196, and home values are 423% above the state median of $382,095.
Why Live in Monument, OR?
Monument offers rent that’s lower than the national average at $450/month, and a strong job market with an unemployment rate of just 0.0%, and short commute times averaging just 16.8 minutes.
Potential considerations include median household income ($36,809) that falls below the national average, and a competitive housing market where the typical home costs $2,000,001. However, Monument’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Monument has a population of 198 with a median age of 70 years. Compare Monument with other cities to see how it stacks up, or explore all cities in Oregon.
Similar Cities Near Monument
Cities in Oregon with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jeffers Gardens | 201 | $0 | $397,900 | Compare |
| New Pine Creek | 193 | $0 | $0 | Compare |
| Deer Island | 191 | $0 | $0 | Compare |
| Rhododendron | 205 | $84,519 | $430,400 | Compare |
| Dilley | 206 | $250,001 | $765,600 | Compare |
| Sumpter | 190 | $24,389 | $0 | Compare |
| Cape Meares | 189 | $90,338 | $755,200 | Compare |
| Dayville | 189 | $51,667 | $218,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oregon
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Monument With Other Cities
Frequently Asked Questions about Monument
What is the population of Monument, OR?
The population of Monument, OR is 198 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Oregon.
What is the median household income in Monument?
The median household income in Monument, OR is $36,809 per year, which is 51% below the national median of $75,149.
What is the median home value in Monument?
The median home value in Monument, OR is $2,000,001, which is 717% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Monument?
The median monthly rent in Monument, OR is $450, which is 61% below the national average of $1,163/month.
What is the unemployment rate in Monument?
The unemployment rate in Monument, OR is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Monument, OR a good place to live?
Monument offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 198 and a median age of 70, the city appeals to established professionals and retirees.
How educated is Monument, OR?
3.0% of residents in Monument aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Monument?
Key cost-of-living indicators for Monument, OR: median home value is $2,000,001 (717% above national), median rent is $450/month, and median household income is $36,809. The home-value-to-income ratio is 54.3x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Monument?
The poverty rate in Monument, OR is 17.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Monument, OR?
Monument's population is 8.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 34.8% Asian, and 0.0% two or more races. 9.1% of residents are foreign-born.