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.
| Statistic | Monument | Colorado | National |
| Average one way commute | 34min | 25min | 26min |
| Workers who drive to work | 73.6% | 75.2% | 76.4% |
| Workers who carpool | 6.0% | 9.3% | 9.3% |
| Workers who take public transit | 0.4% | 3.1% | 5.1% |
| Workers who bicycle | 0.6% | 1.3% | 0.6% |
| Workers who walk | 0.8% | 3.0% | 2.8% |
| Working from home | 17.6% | 7.0% | 4.6% |
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