Monument Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Monument, Oregon? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Monument, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Monument is $36,675.00.

The chart below shows the average household income by age in Monument.

  • Under 25
    $0.00
  • 25 to 44
    $0.00
  • 45 to 64
    $39,861.00
  • 65 and over
    $35,714.00

Average Household Income

A very commonly asked question is "what is the average household income in Monument, Oregon?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Monument is $42,650.00.

1.55% of households in Monument, Oregon are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Monument but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Monument

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Monument, Oregon easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    12.40%
  • $25,000 to $49,999
    79.07%
  • $50,000 to $74,999
    3.10%
  • $75,000 to $99,999
    0.00%
  • $100,000 to $149,999
    3.88%
  • $150,000 to $199,999
    0.00%
  • $200,000 or more
    1.55%

Per Capita Income

The per capita income is the average income of all people in Monument, Oregon. This is calculated by dividing the total income of all people in Monument by the total number of people in Monument.

It differs from the average or mean household income because it includes all people in Monument and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Monument, Oregon is $35,173.00.

Population in Monument by Race and Ethnicity

The total population in Monument is currently 154 people.

The race and ethnicity of the population in Monument can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Monument, Oregon.

  • 27.30% White
    42
  • 61.70% Black/African American
    95
  • 59.70% Native
    92
  • 27.30% Hispanic
    42
  • 0.00% Asian
    0
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 1.30% Other
    2

Population of Monument by Age and Gender

Another very important demographics statistic for Monument, Oregon is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 0 0
10 to 19 Years 7 0
20 to 29 Years 7 0
30 to 39 Years 0 1
40 to 49 Years 15 7
50 to 59 Years 24 9
60 to 69 Years 4 11
70 Years and over 15 54

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Monument, Oregon.

  • Master's degree or higher
    0.00%
  • Bachelor's degree
    2.20%
  • Some college or associate's degree
    23.08%
  • High school diploma or equivalent
    74.73%
  • Less than high school diploma
    0.00%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Monument because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Monument look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Monument, Oregon that are over the age of 16.

The current population in Monument that are over the age of 16 is 147 people.

The unemployment rate in Monument is 7.60%, which means 5 people are unemployed.

Median Age in Monument

The median age is an interesting metric because it gives us an idea of the age distribution of people in Monument, Oregon. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Monument is 66.4 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Monument

66.4

Total

50.4

Male

91

Female

Households and Families

There are a total of 129 households in Monument, and the average household size is 1.19 people.

For families, the total number is 20, and the average family size is 2.05 people.

25.00% of those families in Monument, Oregon are living below the poverty line.

The table below shows the poverty thresholds for Monument in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Monument, Oregon for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 20 0 0 109
Average Household Size 2.05 0 0 1.04
Total Families 20 0 0 0
Average Household Size 2.05 0 0 0

Housing Data in Monument

There are total of 147 housing units in Monument, Oregon. Of those units, 129 (87.76%) are occupied, and 18 (12.24%) are vacant.

Rental Rates

Of the 147 housing units in Monument, 25 (17.01%) are occupied by renters. The median rent paid by renters is $384.00.

Owner occupied housing units make up the remaining 69.39% of housing units, with 102 housing units in total.

The table below breaks down how much rent is paid by renters in Monument, Oregon.

  • No rent paid
    2
  • Less than $500
    20
  • $500 to $999
    5
  • $1,000 to $1,499
    0
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in Monument is $0.00.

The table below breaks down the range of valuations for all properties in Monument.

  • Less than $50,000
    24
  • $50,000 to $99,999
    19
  • $100,000 to $149,999
    4
  • $150,000 to $199,999
    0
  • $200,000 to $299,999
    0
  • $300,000 to $499,999
    9
  • $500,000 to $999,999
    4
  • $1,000,000 or more
    42

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Monument, Oregon.

  • 1939 or earlier
    30
  • 1940 to 1949
    6
  • 1950 to 1959
    42
  • 1960 to 1969
    5
  • 1970 to 1979
    33
  • 1980 to 1989
    11
  • 1990 to 1999
    19
  • 2000 to 2009
    1
  • 2010 to 2013
    0
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Monument has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    0
  • 1 vehicle available
    32
  • 2 vehicles available
    75
  • 3 or more vehicles available
    22

Commuting to Work in Monument

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Monument, Oregon, how they commute, and how that correlates to other data points.

The average travel time is 20.9 minutes, and the chart below covers the range of travel times across the population of Monument.

  • Less than 5 minutes
    19
  • 5 to 9 minutes
    7
  • 10 to 14 minutes
    11
  • 15 to 19 minutes
    2
  • 20 to 24 minutes
    0
  • 25 to 29 minutes
    0
  • 30 to 34 minutes
    5
  • 35 to 39 minutes
    0
  • 40 to 44 minutes
    0
  • 45 to 59 minutes
    0
  • 60 to 89 minutes
    9
  • 90 or more minutes
    2

We can also look at the means of transport in Monument to see which modes of transport people are using to commute to work.

  • Drove alone
    35
  • Carpooled
    0
  • Public transportation
    0
  • Walked
    3
  • Other means
    17
  • Worked from home
    6

Conclusion

Hopefully this article has given you the demographics data you were looking for in Monument, Oregon.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Monument.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Monument Average Income, Population and Demographics". NameCensus.com. Accessed on April 24, 2024. https://namecensus.com/demographics/colorado/el-paso-county/monument/.

  • "Monument Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/colorado/el-paso-county/monument/. Accessed 24 April, 2024

  • Monument Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/colorado/el-paso-county/monument/.