Everything You Should Know Before Moving to Monument, CO
Thinking of moving to Monument, CO? This scenic town of 11,800 offers a relaxed lifestyle, top-rated schools, and a strong sense of community. The median home price is $660,000 and average rent is $2,150, reflecting the area's desirability and high owner-occupancy rate. Monument boasts low crime rates (65 violent crimes per 100k), short 27-minute commutes, and plenty of sunshine (72% sunny days), making it ideal for families and outdoor enthusiasts. Explore excellent local schools, access to quality healthcare, and a beautiful mountain climate below to help plan your move.
Demographics - Monument, CO
Demographics - Monument, CO
Monument is a growing community of 11,800 residents, with a median age of 41 and a balanced gender ratio. The population is predominantly White at 87%, and about 7.5% speak a language other than English at home. This family-friendly town offers a suburban feel with a moderate population density and diverse backgrounds.
Population:
11,800
Density:
1,000 per sq mi
Median Age:
41.2
Gender Ratio:
99 males per 100 females
Non-English Speakers Percentage:
7.5%
Ethnic Composition
White:
87.1%
Black:
1.0%
Asian:
2.2%
Others:
9.7%
Cost Of Living
What is the average cost of living in Monument, CO?
Living in Monument comes with a cost of living index of 115, with housing as the largest expense and a median home value of $660,000. Monthly rent averages $2,150, and utilities and groceries are slightly above the national average. State income tax is a flat 4.4%, making budgeting straightforward for new residents.
Median House Value:
$660,000
Gross Rent:
$2,150
Monthly Electricity Charges:
$120
Auto Insurance:
$1,650
House Owner Cost With Mortgage:
$2,650
House Owner Cost Without Mortgage:
$765
State Taxes:
Low:
4.4%
|
High:
4.4%
Cost Of Living Index:
115.0
Grocery:
101.0
Housing:
145.0
Utilities:
97.0
Transportation:
110.0
Health Care:
98.0
Miscellaneous:
104.0
Crime
Is Monument, CO a safe place to live?
Monument is considered a safe place, with only 65 violent crimes and 550 property crimes per 100,000 residents. The chance of being a victim of violent crime is 1 in 1,538, well below national averages. This low crime rate contributes to the area's appeal for families and retirees alike.
Violent Crimes Per 100k:
65
Property Crimes Per 100k:
550
Crime Index:
615
Chance Of Violent Crime:
1 in 1,538
Chance Of Property Crime:
1 in 182
Weather
What is the weather like in Monument, CO year-round?
Residents enjoy a mountain climate with warm summers, chilly winters, and pleasant springs and falls. The area receives around 19 inches of rain annually and boasts 72% sunny days, perfect for outdoor activities. Seasonal temperature ranges make Monument ideal for those who appreciate distinct seasons.
Winter
Min:
15°F
Max:
44°F
Spring
Min:
32°F
Max:
62°F
Summer
Min:
49°F
Max:
83°F
Fall
Min:
30°F
Max:
68°F
Average Rainfall Inches:
19.1 inches
Sunny Days Percentage:
72%
Neighbors
Monument's residents benefit from high household incomes, with a median of $132,800, and a low poverty rate of just 3.5%. Nearly all adults have completed high school, and over half hold a bachelor's degree or higher. The community enjoys short commutes and a strong sense of local engagement.
Median Income:
$47,000
Household Income:
$132,800
Family Income:
$144,200
Per Capita Income:
$48,700
Income Male:
$74,000
Income Female:
$54,000
Poverty Rate:
3.5%
Non English Speakers:
7.5%
Rent:
$2,150
Unemployment Rate:
2.8%
Public Transport Usage:
0.7%
Commute Time:
27.4 minutes
Education
High School or Higher:
98.5%
Bachelors or More:
58.3%
Education
How are the schools in Monument, CO?
Families in Monument benefit from excellent educational options, with public schools like Lewis-Palmer High School and Bear Creek Elementary known for strong academics and student engagement. Private schooling and proximity to institutions like the United States Air Force Academy further expand learning opportunities. High educational attainment contributes to the town’s reputation as a great place to raise children.
Public Schools
Name:
Lewis-Palmer High School
Street:
1300 Higby Rd
Phone:
719-488-4720
Students:
1,200
Student Teacher Ratio:
19:1
Name:
Bear Creek Elementary School
Street:
1330 Creekside Dr
Phone:
719-488-4770
Students:
550
Student Teacher Ratio:
17:1
Private Schools
Name:
St. Peter Catholic School
Street:
124 1st St
Phone:
719-481-1855
Students:
250
Colleges
Name:
United States Air Force Academy
City:
Colorado Springs
State:
CO
Distance:
10 miles
Students:
4,300
Name:
University of Colorado Colorado Springs
City:
Colorado Springs
State:
CO
Distance:
20 miles
Students:
12,400
Healthcare
Monument offers convenient access to quality healthcare, with several major hospitals nearby and 94.8% of residents insured. There are 2.3 physicians per 1,000 people, ensuring timely medical care. The area’s healthcare index is favorable, reflecting good service availability and health outcomes.
Major Hospitals
Name:
UCHealth Memorial Hospital North
Address:
4050 Briargate Pkwy, Colorado Springs, CO 80920
Phone:
(719) 364-5000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Penrose Hospital
Address:
2222 N Nevada Ave, Colorado Springs, CO 80907
Phone:
(719) 776-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
94.8%
Health Care Index:
76.0
Housing Market
What is the housing market like in Monument, CO?
The housing market in Monument is robust, with a median home price of $660,000 and an owner-occupancy rate of 84%. Rental options are limited due to low vacancy, and the average rent for a two-bedroom is $2,150. Home values continue to appreciate, making it a solid choice for buyers and investors.
Median Home Price:
$660,000
Average Rent For 2 Bedroom:
$2,150
Owner Occupied Rate:
84.1%
Rental Vacancy Rate:
3.2%
Home Appreciation Rate (1yr):
3.6%
New Construction Rate:
2.5%
Foreclosure Rate:
0.3%
DMV Information
Residents in Monument are served by the Colorado Division of Motor Vehicles, conveniently located in Colorado Springs. DMV services include licensing, registration, and title transfers, with helpful staff available by phone or online. The office supports local drivers with all state-required motor vehicle needs.
State:
Colorado
Department:
Colorado Division of Motor Vehicles
Address:
2447 N. Union Blvd, Colorado Springs, CO 80909
Phone:
719-520-6240
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.