Monument, NM Profile: Facts, Map & Data

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Monument, New Mexico - Basic Facts

The Monument Census Designated Place is a community or populated place (Class Code U5) located in Lea County at latitude 32.6242 and longitude -103.2776. Lea County is in the Mountain time zone (GMT -7). The elevation is 3,602 feet.

The formal official name is the Monument Census Designated Place, but most people and references simply refer to it as Monument, New Mexico.

The U5 Census Class Code for Monument indicates a populated place that is also a census designated place with the same name. The Census Designated Place has a Functional Status Code "S" which identifies a statistical entity.

The formal boundaries for the Monument Census Designated Place (see map below) encompass a land area of 5.28 sq. miles and a water area of 0 sq. miles.

Monument Census Designated Place, NM Boundary Map


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Boundary Maps: Hobbs Division | Lea County | New Mexico Counties

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Monument, NM Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 221
Population in Households 221
Population in Familes 187
Population in Group Qrtrs 0
Population Density1 42
Diversity Index2 67
 

HOUSEHOLDS

Total Households 86
Average Household Size 2.57
Family Households 60
Average Family Size 3

HOUSING

Total Housing Units 103 (100%)
Owner Occupied HU 67 (65.0%)
Renter Occupied HU 19 (18.4%)
Vacant Housing Units 17 (16.5%)
Median Home Value $48,529
Average Home Value $82,955
 

INCOME

Median Household Income $50,000
Average Household Income $57,108
Per Capita Income $20,244
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 1.67% 2.33%
Households 1.72% 2.01%
Families 2.07% 2.23%
Median Household Income   1.4%
Per Capita Income   1.84%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Monument, NM - Peer Comparisons by Rank and Percentile

The table below compares Monument to the other 443 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 305 31st
Population Density1 # 374 16th
Diversity Index2 # 185 58th
Median Household Income # 89 79th
Per Capita Income # 197 56th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.