Apartments for rent in Monument, CO

The small town of Monument, Colorado is home to slightly less than 7,000 people. At an average age of just under 37, the town's population skews younger than most cities in Colorado. Renters tend to be in the minority in Monument, and 84% of residents own their homes. The average rent for Monument is $238 a month more than the state average.

Workers are spread across a plethora of industries in Monument. The four most common are education, entertainment, scientific, and healthcare. Combined, these industries account for 23% of the town's workforce. Meanwhile, in terms of job function, many residents work in management, which ranks as the top career path in the town. With an average annual income of about $118K, Monument workers take home more than their peers elsewhere in Colorado. The town's average income also compares favorably to the national average ($73,345). Monument has a large concentration of residents over the age of 25 with advanced degrees compared to the national average (7%), as 14% have earned a Master's degree or a Doctorate. Furthermore, 19% have earned a Bachelor's degree, which also outpaces the national average.

Monument residents have an average commute of about 31 minutes, longer than the Colorado average of about 27 minutes. Many residents (36%) commute to work by car or truck, while public transportation is not widely used. Few residents walk to work.