Everything You Should Know Before Moving to Monument Park, CO
Monument Park, CO is a scenic, family-friendly community of about 11,000 residents, known for its highly rated schools and beautiful mountain views. With a median home price of $615,000 and average rents around $2,050, the cost of living is above the national average, but is balanced by high household incomes and a low poverty rate. Residents enjoy very low crime rates, short 28-minute commutes, and over 70% sunny days each year—perfect for outdoor enthusiasts. Excellent educational opportunities and proximity to major hospitals make Monument Park a top choice for families and professionals alike.
Demographics - Monument Park, CO
Demographics - Monument Park, CO
Monument Park is home to about 11,000 residents, with a median age of 41.2 and a near-equal gender balance. The community is predominantly White, with approximately 15% representing other racial and ethnic backgrounds, and just under 8% speak a language other than English at home. Its moderate population density offers a comfortable suburban environment ideal for families.
Population:
11,000
Density:
1,000 per sq mi
Median Age:
41.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
7.8%
Ethnic Composition
White:
85.0%
Black:
2.0%
Asian:
2.5%
Others:
10.5%
Cost Of Living
What is the average cost of living in Monument Park, CO?
Living in Monument Park comes with a higher cost of living, with a median home value of $615,000 and average monthly rent at $2,050. The overall cost of living index is 128, reflecting above-average housing expenses, while groceries and utilities remain relatively affordable. State income taxes are consistent at 4.4%, making budgeting more predictable for residents.
Median House Value:
$615,000
Gross Rent:
$2,050
Monthly Electricity Charges:
$120
Auto Insurance:
$1,420
House Owner Cost With Mortgage:
$2,800
House Owner Cost Without Mortgage:
$900
State Taxes:
Low:
4.4%
|
High:
4.4%
Cost Of Living Index:
128.0
Grocery:
106.0
Housing:
145.0
Utilities:
93.0
Transportation:
105.0
Health Care:
98.0
Miscellaneous:
101.0
Crime
Is Monument Park, CO a safe place to live?
Monument Park boasts very low crime rates, with only 70 violent crimes and 700 property crimes per 100,000 residents. Residents enjoy strong peace of mind, as the chance of experiencing a violent crime is 1 in 1,430 and property crime is 1 in 157. This safe atmosphere contributes to the area’s appeal for families and retirees.
Violent Crimes Per 100k:
70
Property Crimes Per 100k:
700
Crime Index:
770
Chance Of Violent Crime:
1 in 1,430
Chance Of Property Crime:
1 in 157
Weather
What is the weather like in Monument Park, CO year-round?
Monument Park experiences four distinct seasons, from mild winters averaging highs in the low 40s to warm summers with highs near 83°F. The area receives about 21.5 inches of rainfall annually and enjoys sunshine nearly 72% of the year, perfect for those who appreciate outdoor activities. Spring and fall bring comfortable temperatures, making the climate inviting year-round.
Winter
Min:
18°F
Max:
42°F
Spring
Min:
35°F
Max:
62°F
Summer
Min:
50°F
Max:
83°F
Fall
Min:
37°F
Max:
67°F
Average Rainfall Inches:
21.5 inches
Sunny Days Percentage:
72%
Neighbors
The community enjoys a high median household income of $160,400 and a low poverty rate of just 3.1%. Education levels are impressive, with nearly 98% of adults holding at least a high school diploma and over 62% possessing a bachelor’s degree or higher. Residents benefit from short commute times and minimal reliance on public transportation, creating a comfortable and prosperous environment.
Median Income:
$52,200
Household Income:
$160,400
Family Income:
$175,000
Per Capita Income:
$61,000
Income Male:
$78,000
Income Female:
$62,000
Poverty Rate:
3.1%
Non English Speakers:
7.8%
Rent:
$2,050
Unemployment Rate:
2.9%
Public Transport Usage:
0.7%
Commute Time:
28.4 minutes
Education
High School or Higher:
97.9%
Bachelors or More:
62.3%
Education
How are the schools in Monument Park, CO?
Monument Park offers excellent educational opportunities, including highly rated public and private schools with favorable student-teacher ratios. Families benefit from proximity to institutions like Lewis-Palmer High School and Bear Creek Elementary, as well as access to higher education at the University of Colorado Colorado Springs, just 20 miles away. This strong educational network supports lifelong learning and student success.
Public Schools
Name:
Lewis-Palmer High School
Street:
1300 Higby Rd
Phone:
719-488-4720
Students:
1,200
Student Teacher Ratio:
18.5
Name:
Bear Creek Elementary School
Street:
1330 Creekside Dr
Phone:
719-488-4770
Students:
750
Student Teacher Ratio:
16.1
Private Schools
Name:
St. Peter Catholic School
Street:
124 1st St
Phone:
719-481-1855
Students:
220
Colleges
Name:
University of Colorado Colorado Springs
City:
Colorado Springs
State:
CO
Distance:
20 miles
Students:
13,000
Healthcare
Residents have access to quality healthcare, with two major hospitals nearby and a physician-to-population ratio of 2.3 per 1,000 people. Health insurance coverage is high at 93.8%, and the area’s healthcare index of 78.0 reflects strong medical resources and services. This robust healthcare network supports families and individuals seeking reliable medical care.
Major Hospitals
Name:
UCHealth Grandview Hospital
Address:
5623 Pulpit Peak View, Colorado Springs, CO 80918
Phone:
(719) 365-5000
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:
93.8%
Health Care Index:
78.0
Housing Market
What is the housing market like in Monument Park, CO?
The Monument Park housing market is strong, with a median home price of $615,000 and an owner-occupancy rate of 82%. Home values have appreciated by 4.1% over the past year, and the rental market remains stable with average two-bedroom rents at $2,050. Low vacancy and foreclosure rates indicate a healthy, in-demand market.
Median Home Price:
$615,000
Average Rent For 2 Bedroom:
$2,050
Owner Occupied Rate:
82.0%
Rental Vacancy Rate:
4.2%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
2.7%
Foreclosure Rate:
0.2%
DMV Information
Vehicle registration and licensing in Monument Park are managed by the Colorado Division of Motor Vehicles, located in Lakewood. Residents can conveniently access services and information through the state DMV website or by phone. The process is streamlined, making it easy for newcomers to settle in.
State:
Colorado
Department:
Colorado Division of Motor Vehicles
Address:
1881 Pierce St, Lakewood, CO 80214
Phone:
303-205-5600
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.