Monument, Colorado Demographics & Population 2026
During the 2020–2024 ACS period, Monument, Colorado had a total population of 11,735, the 62nd largest town in Colorado, with a median household income of $128,816, which is 35% higher than the state average. The poverty rate is 4.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 35% above the state average — one of the wealthiest communities in Colorado.
- An exceptionally low poverty rate of 4.7% — among the lowest in Colorado.
Monument Quick Facts
How Monument Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 11,035 | 11,735 | +6.3% |
| Median household income | $114,654 | $128,816 | +12.4% |
| Median home value | $586,400 | $636,700 | +8.6% |
How Monument Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 52 | National average: 61
Education
Educational Attainment (Adults 25+)
Monument Rankings in Colorado
Explore Colorado Rankings
Other Cities in El Paso County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Colorado Springs | 487,887 | $84,818 | 9.0% | $452,600 |
| Security-Widefield | 37,345 | $91,142 | 7.3% | $387,500 |
| Fountain | 29,300 | $86,242 | 10.3% | $398,000 |
| Cimarron Hills | 19,817 | $80,808 | 10.6% | $368,000 |
| Fort Carson | 18,019 | $66,237 | 15.3% | N/A |
| Black Forest | 15,738 | $145,460 | 5.0% | $856,200 |
| Woodmoor | 8,934 | $171,875 | 2.3% | $771,900 |
| Air Force Academy | 6,727 | $69,474 | 18.7% | N/A |
| Gleneagle | 6,440 | $139,653 | 4.0% | $605,400 |
| Stratmoor | 5,412 | $65,000 | 10.6% | $310,000 |
Cities Similar to Monument
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Berthoud | 12,411 | $119,385 | $533,500 | 48.1% | 4.6% |
| Wellington | 11,798 | $107,017 | $464,200 | 46.3% | 8.8% |
| Severance | 10,130 | $124,572 | $528,500 | 47.7% | 5.2% |
| Cherry Creek | 10,721 | $153,776 | $888,900 | 76.1% | 5.0% |
| Lone Tree | 14,147 | $123,741 | $874,100 | 71.2% | 4.9% |
Population Overview
Monument is a small city located in Colorado, within El Paso County. The total population is 11,735. It ranks as the 62nd most populous out of 472 Census-designated places in Colorado.
Age Demographics
The median age in Monument is 38.3 years. This is 2% higher than the state median of 37.7 years.
Economy, Income & Housing
The median household income in Monument is $128,816. This is 35% higher than the state median of $95,470. It is also 60% higher than the national median of $80,734. The poverty rate stands at 4.7%. This is 51% lower than the state poverty rate of 9.4%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.3%. This is 6% lower than the state rate of 4.6%. The median home value is $636,700. Housing costs are 18% higher than the state median of $539,400. The home-value-to-income ratio is 4.9x. 76.1% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 66.2%.
Race & Ethnicity
The largest racial or ethnic group in Monument is White (non-Hispanic), making up 83.4% of the population. Hispanic or Latino residents account for 8.8%. The Black or African American population (0.7%) is well below the state average of 3.8%. The Hispanic or Latino population (8.8%) is well below the state average of 22.5%.
Education
57.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 26% higher than the state rate of 45.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.7%. Notably, 29.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Monument, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 472 Census-designated places in Colorado. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Monument, Colorado?
Monument, Colorado has a population of 11,735 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Monument, CO?
The median household income in Monument is $128,816, which is 60% higher than the national median of $80,734.
What is the poverty rate in Monument, CO?
The poverty rate in Monument is 4.7%. This means approximately 545 residents live below the federal poverty line.
What is the racial makeup of Monument, Colorado?
Monument's population is 83.4% White, 0.7% Black, 8.8% Hispanic/Latino, and 2.9% Asian.
What is the median home value in Monument, CO?
The median home value in Monument is $636,700. The home-value-to-income ratio is 4.9x.
How educated is Monument, Colorado?
57.7% of adults (25+) in Monument hold a bachelor's degree or higher, and 29.3% hold a graduate or professional degree.