Monument 72 Excellent
Monument Livability #71 ranked city in Colorado#6,246 ranked city in the USARanks better than 78% of areas
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Pros and Cons of Living in Monument

PROS
  • Crime Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety Health & Safety

    Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.

  • Schools Schools

    A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.

CONS
  • Amenities Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Cost Of Living Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

What's it like Living in Monument?

Located in the state of Colorado, Monument is a small city with a population of 7,974 inhabitants. At 95%, the majority of the Monument population is White; this is followed by 1% Asian and 0% Black. Monument has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 70% of the population is classified as married and 49% have kids. Something to be aware of when living in Monument are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 34 minutes, this comes in much higher than the national average of 26 minutes.

Living in Monument can be a great experience for anyone moving to the area. Having said that, in the state of Colorado, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Monument, AreaVibes has created a livability score using key metrics like amenities, crime, commute, housing and more.

Monument has a livability score of 70 out of 100 and is ranked #98 in Colorado and #7,375 in the USA. If we dig down a little deeper into each category within the livability score, we see that Monument has higher than average grades for the following: education (B+), employment (A+) and housing (A+). Monument does not score well for the following: amenities (F) and cost of living (F). It might be a smart idea to take a closer look at each category to find out why.

Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Monument has a violent crime rate of 142 crimes per 100,000 residents which is far lower than the national average.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Monument excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Monument. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Monument are affordable. The median home price for Monument homes is $719,905, which is 50.6% higher than the Colorado average. If we take a closer look at the affordability of homes in Monument, we’ll see that the home price to income ratio is 4.8, which is 5.9% lower than the Colorado average.

Best Places to Live in and Around Monument

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      Monument transportation information

      Statistic Monument Colorado National
      Average one way commute34min25min26min
      Workers who drive to work73.6%75.2%76.4%
      Workers who carpool6.0%9.3%9.3%
      Workers who take public transit0.4%3.1%5.1%
      Workers who bicycle0.6%1.3%0.6%
      Workers who walk0.8%3.0%2.8%
      Working from home17.6%7.0%4.6%
      Source: The Monument, CO data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.