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Monument

Head downtown for delicious southwestern fare at a local brewery after a nice hike, mountain bike ride, or trip to Monument Lake.

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Overview for Monument, CO

29,379 people live in Monument, where the median age is 42.5 and the average individual income is $61,485. Data provided by the U.S. Census Bureau.

29,379

Total Population

42.5 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$61,485

Average individual Income

Welcome to Monument, CO

 

Monument, Colorado stands as one of the Front Range's most desirable communities, offering an exceptional blend of small-town character and mountain-town lifestyle just 20 miles north of Colorado Springs and 50 miles south of Denver. Perched at an elevation of 7,136 feet atop the Palmer Divide, this home rule town of approximately 13,000 residents has experienced remarkable growth over the past two decades, transforming from a quiet railroad stop into a thriving community that attracts families, professionals, and retirees seeking quality of life without sacrificing access to urban amenities.

The character of Monument is defined by its stunning natural setting at the base of the Rampart Range, where Pikes Peak and the Rocky Mountain Front Range provide a dramatic western backdrop to daily life. The community maintains a neighborly atmosphere with 76% owner-occupied homes and an average household size of 2.7, fostering strong connections among residents. The median age of 38 years reflects a diverse population of young families, established professionals, and active retirees drawn by the area's top-rated schools, outdoor recreation, and sense of community.

Monument's appeal lies in its ability to offer residents the best of both worlds: a peaceful, safe environment with quick access to the amenities and employment centers of Colorado's two largest metropolitan areas. The town anchors the Tri-Lakes region, which also includes Palmer Lake and the Woodmoor community, creating a cohesive area united by shared values of family, outdoor living, and community engagement. With median household incomes exceeding $114,000 and a poverty rate of just 5.5%, Monument attracts educated, affluent residents who prioritize quality schools, natural beauty, and a slower pace of life.

The lifestyle here revolves around outdoor recreation, from hiking the trails of Pike National Forest to enjoying the community's numerous parks and the scenic Santa Fe Regional Trail. Historic downtown Monument offers charming galleries, locally-owned restaurants, and boutique shops along wooden sidewalks, while newer commercial developments provide convenient access to national retailers. Annual community events like the Tri-Lakes 4th of July celebration and Concerts in the Park reinforce the tight-knit community fabric that makes Monument special.

History

Monument's history stretches back to the mid-1860s when the first homesteaders arrived to stake claims in what was then a territorial ranching settlement. David McShane is recognized as one of Monument's first homesteaders, arriving in 1865 and later becoming the town's first postmaster in 1869 and one of El Paso County's first commissioners. These early pioneers built defensive structures against Arapahoe and Cheyenne raids, including a circular stone fort on the McShane Ranch with two-foot-thick walls and portholes designed for protection.

The community's trajectory changed dramatically with the arrival of the Denver & Rio Grande Railroad. In 1870, Henry Limbach acquired 160 acres and registered the land as a town with the Department of Interior's Colorado Land Office. Initially known as Henry's Station after Limbach, who ran a saloon on his homestead claim, the settlement grew as it served as a stop along the railroad beginning in 1871. The railroad brought necessities and people, spurring the establishment of small businesses and transforming the area into a commercial hub.

The town was officially incorporated in 1879, with Henry Limbach serving as Monument's first mayor. The name was changed from Henry's Station to Monument, derived from Monument Creek and the prominent rock formation at the base of Mount Herman visible from town. This geological landmark gave the community its lasting identity. The town's first records, dating to 1872, are preserved at the El Paso County Courthouse, documenting the early days of this railroad community.

Throughout the late 19th and early 20th centuries, Monument was known for ice harvesting and potato farming, with the area's cold winters and high elevation providing ideal conditions for these industries. The town remained a small agricultural and railroad community for much of the 20th century, maintaining its rural character while Colorado Springs and Denver grew around it.

The modern era of Monument's growth began in the 1990s and accelerated dramatically in the 2000s. The population exploded from just 1,971 residents in 2000 to 5,530 in 2010 and 10,429 in 2020, representing a 528% increase over two decades. This growth transformed Monument from a sleepy railroad town into one of Colorado's most sought-after residential communities, while local efforts preserved the historic downtown character and community spirit that define Monument today. Limbach Park, established in the heart of town, honors the founder's legacy and serves as the centerpiece of community gatherings.

Location & Geography

Monument occupies a distinctive geographic position at the summit of Monument Hill, straddling the Palmer Divide at an elevation of over 7,350 feet. This low-grade ridge extends eastward from the Front Range and represents the watershed divide between north-flowing tributaries to the South Platte River and south-flowing tributaries to the Arkansas River. This elevated position makes Monument one of the highest communities along the Front Range urban corridor, significantly influencing local weather patterns and contributing to the area's unique microclimate.

The town is strategically positioned at the geographic midpoint between Colorado's two largest cities. Colorado Springs lies approximately 15-20 miles to the south, easily accessible via Interstate 25, while Denver is situated approximately 50 miles to the north. This central location along the I-25 corridor makes Monument an ideal residential choice for professionals commuting to either metropolitan area, as well as those seeking proximity to both cities' amenities while enjoying a quieter lifestyle.

Monument's boundaries encompass approximately 6.75 square miles of diverse terrain. To the west, Pike National Forest provides an immediate natural boundary of forested mountains and recreation areas. The United States Air Force Academy borders the community to the south, while the Black Forest and rolling plains extend to the east. To the north, the prominent landforms of Bald Mountain, True Mountain, and Spruce Mountain define the horizon. The town itself includes Monument Creek, which flows through the community and contributes to the area's three lakes that give the Tri-Lakes region its name: Monument Lake, Palmer Lake, and Lake Woodmoor.

The climate is classified as hemiboreal continental (Köppen Dfb) with warm, relatively rainy summers and cold, snowy winters. The semi-arid conditions keep humidity low year-round, creating the dry, clear air characteristic of Colorado's Front Range. The elevation contributes to significant temperature variations, with cool summer nights and substantial snowfall in winter. The Palmer Divide's influence on weather patterns often results in different conditions than neighboring communities at lower elevations, with Monument frequently receiving more snow than Colorado Springs to the south.

The natural surroundings offer extraordinary scenic beauty, with panoramic views of Pikes Peak, the Rampart Range, and the expansive eastern plains. The town's setting against ponderosa pine forests, meadows, and rock formations creates a distinctly mountain-community atmosphere while maintaining easy access to urban infrastructure via Interstate 25, which runs directly through the town's eastern section.

Real Estate Market Snapshot

Monument's real estate market commands premium prices reflecting its desirable location, top-rated schools, and quality of life. As of late 2024 and into 2025, the median list price for homes in Monument stands at approximately $749,000, with median sold prices around $735,000. The average home value has reached approximately $771,000, representing modest year-over-year appreciation of around 0.8-2%. The price per square foot averages approximately $231, positioning Monument significantly above the Colorado Springs metropolitan average but offering value compared to similar mountain-adjacent communities.

The market has achieved relative equilibrium following the rapid appreciation of previous years. Monument's unique appeal and limited housing inventory have helped maintain property values despite broader market cooling and elevated mortgage rates. Homes typically spend 30-45 days on market, indicating a balanced market that favors neither buyers nor sellers exclusively. The competition score of approximately 51 out of 100 reflects this balanced dynamic.

Price stratification in Monument is significant. Entry-level townhomes and smaller single-family homes begin in the mid-$400,000 range, while the median market centers around the $600,000-$800,000 range for quality single-family homes. Luxury properties in premium neighborhoods like Kings Deer, Bent Tree, and Sanctuary Pointe regularly exceed $1 million, with custom estates on acreage reaching $2-3 million or more. The neighborhood of Kings Deer, known for its 2.5-acre lots and golf course community, sees typical transactions in the $900,000-$1.5 million range.

Inventory has increased compared to the pandemic-era scarcity, with approximately 245-280 active listings typical for the market at any given time. New construction continues in developing communities like Monument Junction, Willow Springs Ranch, and Forest Lakes, providing options from the low $400,000s for townhomes and duo-homes to the mid-$700,000s for single-family homes. The market continues to attract buyers from Colorado Springs seeking better schools and more space, as well as remote workers from Denver seeking lifestyle improvements at more accessible price points.

Looking ahead, most forecasts predict continued moderate appreciation in the 2-5% annual range, supported by Monument's fundamental appeal, limited land availability, and persistent demand from families attracted to the Lewis-Palmer School District. Mortgage rates are expected to remain in the 6-7% range through 2025, which may continue to moderate transaction velocity while supporting price stability in this desirable market.

Types of Homes Available

Monument offers a diverse housing stock that reflects its evolution from a small railroad town to a thriving residential community. The predominant housing type is single-family detached homes, which account for the vast majority of the market. These homes range from modest ranch-style properties built in earlier development phases to expansive custom estates on multi-acre lots. The community features a higher proportion of four, five, or more bedroom homes than 98% of communities nationwide, reflecting family-oriented development patterns.

Ranch-style homes represent a significant portion of Monument's inventory, appealing to buyers seeking single-level living with mountain views and accessibility. These properties typically range from 2,000-3,500 square feet above grade, often featuring walkout basements that effectively double the living space. Two-story traditional homes are equally prevalent, particularly in master-planned communities developed since the late 1990s, offering 2,500-4,500 finished square feet with three-car garages standard in most developments.

Townhomes and attached housing provide more affordable entry points into the Monument market. Communities like Monument Villas, Monument Junction, and Wagons West offer townhome options ranging from the mid-$300,000s to low $500,000s. These properties typically feature 1,500-2,200 square feet with two to three bedrooms and attached garages, attracting first-time buyers, downsizers, and those prioritizing location over space.

New construction represents a substantial portion of available inventory, with active builders including Classic Homes, Richmond American, and several custom home builders. New developments offer modern floor plans emphasizing open concepts, energy efficiency, and mountain contemporary aesthetics. Monument Junction features urban-inspired Midtown Collection homes alongside traditional offerings, while communities like Sanctuary Pointe and Forest Lakes provide larger homesites with custom and semi-custom options in the $600,000-$900,000+ range.

Luxury and estate properties distinguish Monument's upper market tier. King's Deer offers 2.5-acre homesites within a golf course community, with custom homes ranging from 4,000-5,500 finished square feet priced from $900,000 to over $1.5 million. Bent Tree features properties on 2-3+ acre sites backing to forest and open space, while Woodmoor's established neighborhoods include mid-century homes with mature landscaping alongside newer construction, all benefiting from the Country Club at Woodmoor golf course access.

Approximately 73% of Monument's housing was built since 2000, giving the community a notably newer building stock than most Colorado communities. This translates to modern building standards, energy efficiency, and contemporary floor plans across much of the market. Older homes in historic downtown and established Woodmoor neighborhoods offer character and mature landscaping for buyers preferring established communities.

Factors to Consider When Buying

Purchasing a home in Monument requires careful attention to several unique factors that distinguish this market from other Front Range communities. Prospective buyers should approach their purchase with thorough due diligence across multiple dimensions to ensure a successful transaction and long-term satisfaction.

HOA Considerations

Most Monument neighborhoods include homeowners associations with varying levels of involvement and cost. Monthly HOA fees range from minimal amounts in older subdivisions to $200-400+ in communities with extensive amenities. Buyers should thoroughly review governing documents, including CC&Rs (Covenants, Conditions & Restrictions), architectural guidelines, and reserve fund health. Given statewide increases in HOA insurance costs, particularly in areas perceived as higher wildfire risk, buyers should verify current fee levels and inquire about anticipated increases. The Woodmoor Improvement Association, Kings Deer HOA, and Homestead at Jackson Creek HOA represent some of the community's major associations with established governance structures.

Wildfire Risk and Insurance

Monument's location adjacent to Pike National Forest and within the wildland-urban interface requires serious consideration of wildfire risk. Colorado ranks third nationally for wildfire exposure, and properties near forested areas or grasslands may face elevated insurance premiums, coverage restrictions, or requirements for wildfire mitigation. Buyers should verify insurance availability and costs before finalizing purchases, particularly for properties backing to open space or forest. Creating defensible space, using fire-resistant materials, and complying with local mitigation requirements can both reduce risk and improve insurability.

Water and Utilities

Monument's water supply comes from various providers including municipal water, special districts, and private wells depending on location. Buyers should verify water tap fees for new construction, understand which district serves their property, and review any water rights associated with the property. Some rural properties rely on private wells and septic systems rather than municipal services. Electric service varies by area, and internet availability can be address-specific, with options including cable, DSL, and fixed wireless at varying speeds.

School District Boundaries

While most of Monument falls within the highly-rated Lewis-Palmer School District 38, some properties extend into Academy School District 20 boundaries. Buyers prioritizing specific schools should verify exact boundaries, as they don't always align with neighborhood divisions. Monument Academy operates as a charter school within District 38, offering an additional public school choice.

Weather and Elevation Considerations

At over 7,000 feet elevation, Monument experiences significant winter weather including substantial snowfall. Buyers should consider home orientation, driveway grade, and snow removal responsibilities. The Palmer Divide's influence creates microclimates with potentially different conditions than Colorado Springs. Homes should be equipped for cold temperatures, and buyers from lower elevations should understand the adjustment period required for high-altitude living.

Market Dynamics

Monument's balanced market means properties priced correctly sell within normal timeframes, but overpriced listings can linger. Pre-approval and readiness to act remain important for competitive properties. New construction offers opportunities but requires understanding of builder timelines, upgrade costs, and lot premiums. The spring and summer selling seasons remain most active, though inventory constraints can create competition year-round for desirable properties.

Factors to Consider When Selling

Selling a home in Monument requires strategic planning to maximize value in this competitive but discerning market. Understanding buyer demographics, seasonal patterns, and effective marketing approaches will position your property for optimal results.

Seasonality and Timing

Monument's real estate market follows traditional Front Range seasonality, with peak activity from March through September. Spring listings typically attract relocating families seeking to settle before the new school year, while summer brings strong buyer traffic. Fall and winter transactions occur but at reduced velocity; however, motivated buyers during off-peak seasons often face less competition. Listing during spring allows time for outdoor staging to showcase mountain views and landscaping, key selling points in this market.

Pricing Strategy

Monument's market rewards accurate pricing. Properties priced at or slightly below market value in strong condition generate the most activity and often achieve full asking price or better. Overpriced listings risk extended market time, which can stigmatize a property. Comparative market analysis should focus on recent sales within your specific neighborhood or comparable communities, as micro-market variations are significant. Price per square foot averages around $231, but location, condition, views, and lot size create substantial variation.

Buyer Demographics

Understanding Monument's typical buyer helps target marketing effectively. Primary buyer segments include families relocating from Colorado Springs seeking better schools and more space, remote workers from Denver seeking lifestyle improvements, military families from nearby installations valuing quality schools and community, and active retirees downsizing from larger properties but seeking quality communities. Marketing should emphasize the attributes most important to these segments: Lewis-Palmer schools, mountain views, outdoor recreation access, and community character.

Staging and Presentation

Monument buyers expect move-in ready homes with quality finishes. Properties showing deferred maintenance or dated finishes may struggle against competing inventory. Key staging priorities include maximizing natural light, highlighting mountain views, creating outdoor living appeal, and ensuring systems demonstrate proper maintenance. Professional photography emphasizing views, outdoor spaces, and community amenities is essential for online presentation where most buyers begin their search.

Value-Adding Improvements

Investments likely to return value include kitchen and bathroom updates, energy-efficient windows, modern flooring, and fresh interior paint in neutral tones. Exterior improvements including landscaping, exterior paint, and deck maintenance create crucial curb appeal. In Monument's climate, functional improvements like energy-efficient HVAC, water heaters, and insulation appeal to buyers concerned with utility costs at elevation.

Disclosure Requirements

Colorado requires comprehensive disclosure including wildfire risk factors for properties in designated areas. Sellers should proactively address known issues and provide documentation of any mitigation work completed. Water rights, HOA status, and special district assessments require disclosure. Working with an agent experienced in Monument-specific requirements ensures compliance and reduces transaction risk.

Dining and Entertainment

Monument's dining scene has evolved significantly alongside the community's growth, offering residents and visitors diverse culinary options ranging from casual breakfast spots to upscale dining experiences. While maintaining its small-town character, the town now supports a robust restaurant community that reflects the tastes and expectations of its affluent, family-oriented population.

The Bistro on 2nd represents Monument's fine dining highlight, offering sophisticated American cuisine in an elegant but informal setting in historic downtown. The restaurant emphasizes seasonal, local ingredients including Colorado-sourced chicken and beef, with a menu featuring creative preparations that have earned it a reputation as one of the best restaurants in the wider region. The setting offers mountain views and provides an ideal venue for special occasions.

Casual dining options abound for everyday meals. Rosie's Diner delivers authentic 1950s-style Americana with bottomless coffee and classic comfort food in a vintage setting that has attracted television and film productions. Black Forest Foods provides a family-owned delicatessen experience with dine-in and takeout options in downtown Monument. My House Cafe and Arlene's Beans offer local favorites for breakfast and lunch, embodying the community's appreciation for independently-owned establishments.

Coffee culture thrives with Serranos Coffee Company providing specialty espresso drinks alongside fresh-baked goods and handmade paninis. The location serves as a community gathering spot, particularly popular with morning commuters and remote workers seeking a comfortable workspace.

Monument's craft beverage scene includes Pikes Peak Brewing Company, which offers house-brewed beers alongside pub fare in a relaxed atmosphere with an outdoor beer garden providing mountain views. Three Hundred Days Distilling provides a unique experience focused on locally crafted moonshine and creative cocktails paired with light bites.

For casual dining and sports viewing, Back East Bar & Grill offers East Coast-inspired pub fare, wings, and wood-fired pizzas in a lively atmosphere with extensive HDTVs for game viewing. The outdoor patio provides mountain views that distinguish it from typical sports bar experiences.

International cuisine is represented by establishments like Jarrito Loco and La Casa Fiesta for Mexican fare, Jasmine Garden for Chinese and Asian cuisine, and Pho Brothers for Vietnamese options. These restaurants provide variety beyond American cuisine while maintaining the family-friendly atmosphere characteristic of Monument dining.

The Monument Marketplace and Jackson Creek commercial areas offer additional chain restaurants and quick-service options including Texas Roadhouse, local pizza establishments, and standard national fast-food and casual dining brands, ensuring residents have convenient everyday dining options without traveling to Colorado Springs.

Parks and Recreation

Monument's park and recreation infrastructure ranks among its most compelling attributes, providing residents extraordinary access to outdoor activities ranging from leisurely neighborhood parks to challenging mountain trails. The community's location at the base of Pike National Forest creates an outdoor enthusiast's paradise.

Local Parks

Limbach Park serves as Monument's community gathering place, named after the town's founder Henry Limbach. Located in the heart of downtown, the park features playgrounds, a volleyball court, a rock wall, and ample picnic areas. The park hosts major community events including summer Concerts in the Park, the 4th of July celebration, and the annual tree lighting ceremony. Recent improvements in 2024 added updated playground equipment including a merry-go-round and climbing features.

Fox Run Regional Park, maintained by El Paso County, represents one of the region's premier outdoor recreation destinations. Spanning over 415 acres of ponderosa pine forest just south of Monument, the park offers extensive hiking and mountain biking trails, multiple playgrounds, picnic pavilions, small lakes, an off-leash dog park, and recreational fields. The park's over-water pavilion serves as a popular venue for outdoor weddings and community gatherings. Plans are underway for the Fox Run Nature Center, which will add interpretive facilities and educational programming.

Additional local parks include Dirty Woman Creek Park (named for a colorful historical figure), which features baseball fields, basketball courts, and a covered pavilion. The Heart of Monument Park, announced in 2023, is planned as a fully accessible, disability-friendly community park.

Trail Systems

The Santa Fe Regional Trail stands as Monument's signature recreational corridor. This 17-mile rails-to-trails conversion follows the historic Atchison, Topeka & Santa Fe Railroad route from Palmer Lake through Monument and south to the Air Force Academy, eventually connecting to the greater Colorado Springs trail network. The wide, graveled surface accommodates hiking, biking, running, and horseback riding, providing year-round recreation with winter use for cross-country skiing and snowshoeing.

Monument Rock Trail offers a 2.7-mile loop hike to the prominent rock formation that gave the town its name. Located in Pike National Forest, the trail features moderate elevation gain through ponderosa forest with excellent views. Mount Herman Trail provides a more challenging 2.1-mile hike to the 9,063-foot summit overlooking Monument, with panoramic views of the Front Range and eastern plains.

Additional trail options include the Palmer Lake Reservoir Trail for scenic lake views, Spruce Mountain Loop in the nearby Spruce Mountain Open Space, and numerous trails within Pike National Forest accessible from trailheads along the Rampart Range.

Golf and Recreation

The Country Club at Woodmoor provides an 18-hole golf course available to community members, while King's Deer Golf Club offers an acclaimed championship course within the King's Deer community. Both courses take advantage of Monument's spectacular natural setting with mountain views throughout.

Palmer Lake, located in the adjacent community of the same name, offers fishing, kayaking, and swimming opportunities. The lake area includes beaches and picnic facilities, making it a popular destination for family outings.

Annual Events and Festivals

Monument's community calendar reflects the town's strong civic engagement and family-oriented character. Annual events bring residents together throughout the year, reinforcing the tight-knit community bonds that distinguish Monument from more anonymous suburban developments.

Tri-Lakes 4th of July Celebration

Monument's signature annual event, the Tri-Lakes 4th of July celebration draws tens of thousands of visitors for a day of patriotic festivities. The morning begins with the Palmer Lake Fun Run, followed by a children's parade and main parade through historic downtown Monument featuring marching bands, vintage vehicles, military honor guards, first responders, equestrian groups, and local organizations. The Street Fair occupies Second and Washington Streets with vendor booths, festival foods, arts displays, and local business showcases. The Beer Garden in Limbach Park operates throughout the day, and live music fills the park bandshell from late morning through evening. The celebration epitomizes small-town Americana and represents a highlight of the community calendar.

Concerts in the Park

Summer Wednesday evenings bring the community together for free outdoor concerts in Limbach Park. The series features diverse musical acts and provides an opportunity for residents to gather, picnic, and enjoy the long summer evenings in a relaxed community atmosphere.

Monument Art Hop

This periodic arts event celebrates Monument's creative community with gallery openings, artist demonstrations, and special exhibitions throughout downtown Monument. The Art Hop connects the town's galleries and studios, highlighting the thriving arts scene that has developed alongside the community's growth.

Pickin' on the Divide Bluegrass Festival

August brings bluegrass performances to Limbach Park for a summer day of live music celebrating the region's appreciation for acoustic and traditional American music forms.

Holiday Celebrations

The Monument Tree Lighting Ceremony in December kicks off the holiday season with Santa's arrival, family activities, and vendor booths. The event transforms downtown Monument into a festive celebration welcoming the winter season.

Party for the Parks

This annual fundraising event in July supports Monument's parks system with food vendors, live music, and community celebration, combining civic engagement with summer entertainment.

Tri-Lakes Center for the Arts Events

While located in nearby Palmer Lake, the Tri-Lakes Center for the Arts serves the Monument community with year-round programming including art exhibitions, concerts, educational programs, and cultural events that enrich the regional arts scene.

Schools and Education

Education represents one of Monument's most compelling attributes, with the Lewis-Palmer School District 38 consistently ranking among Colorado's top-performing districts. The district's academic excellence drives family relocation decisions and supports property values throughout the community.

Lewis-Palmer School District 38

District 38 serves approximately 6,400 students across 10 schools, maintaining a student-teacher ratio of approximately 17:1. The district ranks in the top 5% of Colorado's 176 school districts based on combined math and reading proficiency, with testing performance significantly exceeding state averages. Math proficiency reaches 54% compared to the state average of 33%, while reading proficiency achieves 65% versus 45% statewide. The district's graduation rate of 91% reflects strong college and career preparation.

Elementary Schools

Five public elementary schools serve District 38 communities. Lewis-Palmer Elementary, the district's namesake school, serves approximately 417 students in grades PK-6. Bear Creek Elementary serves the Jackson Creek and eastern Monument neighborhoods. Prairie Winds Elementary and Ray E. Kilmer Elementary both rank among Colorado's top elementary schools, with Kilmer consistently achieving recognition for academic performance. Palmer Lake Elementary serves the northern Tri-Lakes community. All elementary schools earn strong ratings from GreatSchools and Niche, with most receiving A grades.

Middle and High Schools

Lewis-Palmer Middle School consolidates students from district elementary schools, serving approximately 742 students in grades 7-8. The school maintains the district's high academic standards while offering diverse extracurricular opportunities.

Two high schools serve District 38. Lewis-Palmer High School enrolls approximately 1,933 students in grades 9-12, ranking 72nd in Colorado and #2,477 nationally according to U.S. News & World Report. The school offers extensive Advanced Placement coursework with 47% student participation. Palmer Ridge High School, the district's newer high school, enrolls students from Monument's western neighborhoods and ranks 58th in Colorado. The school features 54% AP participation and has earned recognition for its Future Business Leaders of America program and athletics. Both high schools achieve graduation rates exceeding 96%, with Colorado State University representing the most popular college destination.

Charter and Private Schools

Monument Academy operates as a K-12 charter school within District 38, providing an alternative public school option with its own educational philosophy and approach. Monument Charter Academy serves PK-8 students with approximately 524 enrolled.

St. Peter Catholic School offers private education for grades PK-6 with approximately 128 students, providing a faith-based educational alternative within the community.

Higher Education Access

While Monument lacks local higher education institutions, residents enjoy reasonable access to regional colleges and universities. Pikes Peak Community College serves the region from its Colorado Springs campus approximately 23 miles away. The University of Colorado Colorado Springs and Colorado College provide four-year options in Colorado Springs, while the University of Denver and Colorado State University are accessible for commuters or residents seeking specific programs.

Commute and Accessibility

Monument's strategic position along the Interstate 25 corridor provides excellent transportation connectivity, though commute patterns and infrastructure warrant careful consideration for prospective residents.

Interstate 25 Access

I-25 runs directly through Monument, with three primary exits serving the community: Exit 158 (Baptist Road), Exit 161 (Highway 105/Monument), and Exit 163 (County Line Road/Larkspur). This direct interstate access enables commuting to both Colorado Springs and Denver, though travel times vary significantly based on traffic conditions and weather.

The I-25 corridor between Monument and Castle Rock, historically known as 'The Gap,' underwent major improvements completed in 2022. The $419 million project widened the highway from two to three lanes in each direction, with the new lane operating as an Express Lane offering toll-based reliable travel times. Additional improvements included truck climbing lanes near Monument Hill, reconstructed bridges, and wildlife crossings. These improvements significantly enhanced safety and travel reliability along this critical corridor.

Commute to Colorado Springs

Colorado Springs lies approximately 15-20 miles south of Monument, with typical commute times of 20-35 minutes depending on destination within the metropolitan area. The I-25 Expansion Project widened the highway from Woodmen Road to Highway 105, improving capacity and reducing congestion during peak hours. Major employment centers including the Interquest/Briargate corridor, downtown Colorado Springs, and the high-tech hub near North Gate Boulevard fall within reasonable commute distances.

Commute to Denver

Denver's southern suburbs and the Denver Tech Center are approximately 45-60 minutes from Monument under normal conditions, though traffic congestion can extend commute times significantly during peak hours. The Express Lanes between Monument and Castle Rock provide a toll-based option for more reliable travel times. Many Monument residents who work in Denver opt for hybrid arrangements, limiting the number of weekly commute days.

Public Transportation

Public transit options in Monument are limited compared to urban areas. Bustang, Colorado's inter-regional express bus service, operates a Park-n-Ride stop in Monument with service to the Denver Tech Center for approximately $9 one-way. The service includes amenities such as WiFi, charging stations, and restrooms, providing a viable alternative to driving for Denver commuters.

Rideshare services including Lyft and Uber have expanded coverage in Monument as part of their Colorado Springs service areas, providing on-demand transportation options for residents.

Air Travel

Colorado Springs Airport (COS) provides the closest commercial air service, located approximately 20-25 minutes from Monument. Denver International Airport (DEN) offers broader route options and is accessible in approximately 75-90 minutes under normal traffic conditions.

Local Circulation

Within Monument, personal vehicles remain the primary transportation mode. Highway 105 serves as the primary east-west arterial, while Jackson Creek Parkway and Baptist Road provide access to commercial areas and neighborhoods east of I-25. The Santa Fe Regional Trail offers a viable alternative for recreational trips and connections to neighboring communities for cyclists and pedestrians.

Why People Love Monument

Monument's enduring appeal stems from a combination of tangible assets and intangible qualities that together create an exceptional quality of life. Understanding why residents choose and stay in Monument illuminates the community's lasting value proposition.

The natural setting provides daily inspiration. Residents wake to views of Pikes Peak and the Front Range, spend evenings watching alpenglow paint the mountains, and enjoy immediate access to world-class outdoor recreation. The ability to hike forest trails after work, watch wildlife from your backyard, and breathe clean mountain air creates a lifestyle connection to Colorado's natural heritage that many seek but few communities deliver so effectively.

Schools drive family decisions, and Monument's Lewis-Palmer District 38 consistently ranks among Colorado's finest. Parents relocate specifically to provide their children access to these high-performing schools, and the district's excellence creates community cohesion as families share educational priorities and values. The strong schools also support property values, creating a positive cycle that benefits all homeowners.

Safety and community cohesion distinguish Monument from larger, more anonymous communities. Crime rates fall well below national averages, neighbors know one another, and community events draw strong participation. The small-town atmosphere provides a sense of belonging increasingly rare in modern American life, while proximity to urban amenities ensures residents sacrifice nothing in terms of convenience.

The balance of privacy and community appeals to diverse residents. Large lots and natural landscapes provide space and solitude, while community events, local businesses, and shared spaces foster connection. Residents can enjoy quiet evenings on their decks with mountain views, then walk downtown for dinner and conversation with neighbors at community events.

Economic stability characterizes the community, with high household incomes, low unemployment, and a diversified employment base supporting property values. The mix of remote workers, small business owners, and commuters to Colorado Springs and Denver creates economic resilience uncommon in small communities.

Four distinct seasons provide variety, from vibrant wildflower summers to golden autumns, snowy winters offering skiing access, and spring renewal. The climate challenges residents to engage with the seasons rather than retreat indoors, fostering the active lifestyles that define Colorado living.

Perhaps most importantly, Monument offers achievable aspiration. For families priced out of mountain resort communities or seeking alternatives to crowded urban-adjacent suburbs, Monument provides genuine quality of life at accessible price points relative to comparable communities. The value proposition—exceptional schools, natural beauty, community character, and reasonable commutes—creates lasting satisfaction for residents who discover this Front Range gem.

Most Coveted Streets & Estates

Monument's real estate market contains distinct micro-markets and highly sought-after locations that command premium pricing and attract discerning buyers. Understanding these prestigious areas helps buyers identify opportunities and sellers position properties effectively.

King's Deer: This premier golf course community represents Monument's luxury pinnacle. Spanning over 1,800 acres, King's Deer features homes on 2.5-acre lots with custom designs overlooking an 18-hole championship golf course. Properties typically range from 4,000-5,500 finished square feet with prices commonly exceeding $1 million, reaching $1.5-2 million for premium locations. The community includes over 7 miles of hiking trails, a community park, and sports fields. King's Deer addresses along streets like Kings Deer Point and Shiloh Pines Circle command the highest valuations.

Bent Tree: Located west of I-25 against the Pike National Forest boundary, Bent Tree offers 2-3+ acre homesites with forest backing and exceptional privacy. The community attracts buyers seeking acreage and natural settings while maintaining Monument's accessibility. Custom mountain contemporary homes on tree-lined cul-de-sacs achieve premium valuations, with properties routinely listed above $1 million.

Sanctuary Pointe: This newer luxury community provides forest views, quiet streets, and miles of neighborhood trails. Award-winning home designs on generous lots attract buyers seeking contemporary mountain living with community amenities. Properties range from the $700,000s into the $1 million+ range for larger custom homes.

Forest Lakes: Developed since 2015, Forest Lakes combines proximity to the Air Force Academy with quality construction and community amenities. Properties on quarter-acre to one-acre sites with views command premiums, with many homes in the $700,000-$900,000 range. The community offers convenient access to both I-25 and the commercial corridor.

Woodmoor: As Monument's largest and most established neighborhood, Woodmoor offers diverse housing stock from mid-century homes to recent construction. Properties near the Woodmoor Country Club golf course or backing to Lake Woodmoor achieve premium valuations. North Woodmoor and the streets surrounding the golf course are particularly desirable. The neighborhood's mature ponderosa pine landscape and established character differentiate it from newer developments.

Homestead at Jackson Creek: This family-oriented community in southeast Monument offers stunning Front Range views on well-designed lots. The combination of quality homes, community parks, and proximity to Bear Creek Elementary makes it particularly popular with families. Premium lots with unobstructed mountain views command the highest prices within the community.

Promontory Pointe: Adjacent to Jackson Creek, Promontory Pointe provides similar appeal with rolling terrain and mountain views. Well-maintained homes on larger lots represent strong value propositions for families seeking quality in established communities.

Historic Downtown: While representing a small portion of Monument's housing stock, properties along Second Street and in the original town center offer unique character unavailable in newer developments. These homes attract buyers valuing walkability, historic character, and proximity to downtown amenities.

Who is Monument For?

Monument attracts specific buyer profiles united by shared priorities but diverse in their life stages and circumstances. Understanding whether Monument aligns with your needs helps ensure a successful relocation decision.

Families Prioritizing Education: Monument's dominant buyer segment consists of families specifically seeking Lewis-Palmer School District 38. Parents willingly pay premium prices and accept longer commutes to provide their children access to Colorado's top-performing public schools. If educational excellence represents your primary relocation driver, Monument delivers exceptional value.

Outdoor Enthusiasts: Residents who prioritize daily access to hiking, biking, skiing, and natural settings find Monument's location ideal. The ability to hit trails after work, spend weekends in the mountains, and live surrounded by natural beauty attracts active individuals and families who make outdoor recreation central to their lifestyle.

Remote Workers and Hybrid Commuters: The rise of flexible work arrangements has expanded Monument's appeal beyond those with local employment. Professionals who work primarily from home but need occasional access to Denver or Colorado Springs offices find Monument's lifestyle benefits worth the periodic commute. The community's high median incomes reflect this professional demographic.

Colorado Springs Professionals: Workers in Colorado Springs' technology, defense, healthcare, and professional services sectors often choose Monument for quality of life while maintaining reasonable 20-35 minute commutes. The trade-off of slightly longer commutes for better schools and more space represents compelling value for many families.

Military Families: Proximity to multiple military installations including the Air Force Academy, Peterson Space Force Base, Fort Carson, and Schriever Space Force Base makes Monument popular with military families who prioritize school quality and community character during their Colorado assignments.

Active Retirees: Downsizers seeking community character, natural beauty, and quality of life without urban complexity find Monument appealing. The town's safety, walkable downtown, and access to healthcare in Colorado Springs support comfortable retirement while maintaining an active lifestyle.

The Monument Promise

For buyers whose priorities align with Monument's strengths—educational excellence, natural beauty, community character, and balanced accessibility—the town delivers exceptional quality of life. Monument rewards those who value substance over spectacle, community over anonymity, and lifestyle over square footage. For the right buyer, Monument represents not just a home purchase but an investment in the Colorado lifestyle that drew so many to the Front Range in the first place.


Demographics and Employment Data for Monument, CO

Monument has 10,103 households, with an average household size of 2.9. Data provided by the U.S. Census Bureau. Here’s what the people living in Monument do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 29,379 people call Monument home. The population density is 736.52 and the largest age group is Data provided by the U.S. Census Bureau.

29,379

Total Population

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

42.5

Median Age

51.11 / 48.89%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

  • Less Than 9th Grade
  • High School Degree
  • Associate Degree
  • Bachelor Degree
  • Graduate Degree
10,103

Total Households

2.9

Average Household Size

$61,485

Average individual Income

Households with Children

With Children:

Without Children:

Marital Status

Married
Single
Divorced
Separated

Blue vs White Collar Workers

Blue Collar:

White Collar:

Commute Time

0 to 14 Minutes
15 to 29 Minutes
30 to 59 Minutes
60+ Minutes

Around Monument, CO

There's plenty to do around Monument, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.

25
Car-Dependent
Walking Score
8
Somewhat Bikeable
Bike Score

Points of Interest

Explore popular things to do in the area, including The Wine Seller, Three Farm Girls, and Drip Coffee House.

Name Category Distance Reviews
Ratings by Yelp
Dining · $$ 1.69 miles 18 reviews 5/5 stars
Dining 3.99 miles 9 reviews 5/5 stars
Dining 4.62 miles 19 reviews 4.9/5 stars
Dining · $ 1.23 miles 59 reviews 4.9/5 stars
Shopping 1.07 miles 5 reviews 5/5 stars
Active 1.07 miles 7 reviews 5/5 stars

Schools in Monument, CO

All ()
Primary Schools ()
Middle Schools ()
High Schools ()
Mixed Schools ()
The following schools are within or nearby Monument. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family. Data provided by the U.S. Census Bureau.
Type
Name
Category
Grades
School rating

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Work With Us

Whether you’re looking to sell your home or invest in a property, Strategic Property Advisors’ has you covered. At Strategic Property Advisor we always bring forward the best resources available to ensure every transaction is as smooth as possible. Every move during the process is done to your advantage and completely surrounds your personal real estate goals.