CensusEasy
CITY

Monument

New Mexico · 432 residents · 5.277 sq mi
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Part of the Hobbs micropolitan area
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The short version

Population has held roughly steady since 2023. 0% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $261,400. At a median age of 26.1, residents skew younger than the country as a whole. Poverty is rare here, at 2.5% of residents.

At a glance
Younger
median age 26.1
US median: 38.9
Less educated
0% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
432
−1%since 2023
from 437 in 2023
2010 – 2024
Population density
82 / sq mi
−1%since 2023
from 83 / sq mi in 2023
US average: 281
Median age
26.1
−1%since 2023
from 26.4 in 2023
US average: 38.9
Population, 2010 – 2024
62164267369471201020202024Monument
2024432
201020202024
Section 02

Income & economy

Per capita income
$24,713
−2%since 2023
from $25,113 in 2023
US average: $44,673
Households earning $100K+
28.4%
+4.3 ptssince 2023
from 24.2% in 2023
US average: 53.3%
Poverty rate
2.5%
−8.0 ptssince 2023
from 10.5% in 2023
US average: 12.5%
Income inequality (Gini)
0.403
−10%since 2023
from 0.449 in 2023
US average: 0.476
Workforce by industry, 2024
Finance & insurance100%
US avg: 5.9%
Professional, scientific, technical100%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Information0%
US avg: 10.8%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$261,400
−5%inflation adjusted, since 2023
from $265,900 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
44.0%
−4.4 ptssince 2023
from 48.4% in 2023
56.0% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
21.6%
−16.8 ptssince 2023
from 38.3% in 2023
US average: 22.9%
Renter cost-burdened
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 47.4%
RELATED:See current rent listings in Monument on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic3.7%(16)
Black0%(0)
Hispanic / Latino81.2%(355)
Asian0%(0)
Other15.1%(66)
Diversity Score39.5%(173)
2024
White, non-Hispanic4.2%(18)
Black0%(0)
Hispanic / Latino80.3%(347)
Asian0%(0)
Other15.5%(67)
Diversity Score41.1%(178)
Diversity Score
41
+4%since 2023
from 39 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 35.6%
High school or higher
38.6%
−0.5 ptssince 2023
from 39.2% in 2023
US average: 89.6%
Graduate degree
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

Drive alone to work
100.0%
+15.7 ptssince 2023
from 84.3% in 2023
US average: 68.9%
Carpooled to work
0.0%
−15.7 ptssince 2023
from 15.7% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
47.3%
−1.2 ptssince 2023
from 48.4% in 2023
US average: 63.5%
Self-employed
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.1%
Management & professional
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 42.5%
Section 08

People & community

Male
44.4%
+1.7 ptssince 2023
from 42.8% in 2023
Female
55.6%
−1.7 ptssince 2023
from 57.2% in 2023
Foreign born
31.3%
−9.0 ptssince 2023
from 40.3% in 2023
US average: 14.1%
Veterans
3.2%
+0.5 ptssince 2023
from 2.7% in 2023
US average: 6.2%
With a disability
19.7%
+0.9 ptssince 2023
from 18.8% in 2023
US average: 13.3%
Uninsured
16.2%
−3.9 ptssince 2023
from 20.1% in 2023
US average: 8.4%
Broadband at home
71.6%
−4.2 ptssince 2023
from 75.8% in 2023
US average: 91.0%
English only at home
24.2%
+2.8 ptssince 2023
from 21.5% in 2023
US average: 77.7%
Spanish at home
75.8%
−2.8 ptssince 2023
from 78.5% in 2023
US average: 13.6%
Drill deeper

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Head to head

Compare Monument to nearby cities

MONUMENT VS
Hobbs
Income$64,021
Home value$191,300−27%
Population40,863+9359%
SEE FULL COMPARISON →
MONUMENT VS
Lovington
Income$68,821
Home value$166,100−36%
Population11,620+2590%
SEE FULL COMPARISON →
MONUMENT VS
Andrews
Income$73,690
Home value$196,300−25%
Population13,665+3063%
SEE FULL COMPARISON →
MONUMENT VS
Carlsbad
Income$72,306
Home value$200,000−23%
Population32,524+7429%
SEE FULL COMPARISON →
Frequently asked

How many people live in Monument, New Mexico?

Monument, New Mexico has about 432 residents according to the 2024 American Community Survey.

Is Monument, New Mexico expensive?

In Monument, New Mexico, the median home is worth about $261,400.

How educated are people in Monument, New Mexico?

About 0.0% of adults age 25 and over in Monument, New Mexico hold a bachelor's degree or higher.

What is the poverty rate in Monument, New Mexico?

About 2.5% of people in Monument, New Mexico live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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