Also See: Hobbs, NM ZIP Codes & ZIP Code Maps
The Monument CDP(1) had a population of 244 as of July 1, 2021. Monument ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Mexico. See peer rankings below.
The primary coordinate point for Monument is located at latitude 32.624 and longitude -103.2644 in Lea County. The formal boundaries for the Monument Census Designated Place encompass a land area of 5.28 sq. miles and a water area of 0 sq. miles. Lea County is in the Mountain time zone (GMT -7). The elevation is 3,602 feet.
The Monument Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
New Mexico is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Monument Census Designated Place is located within Hobbs Division of Lea County.
|Total Population||244 (100%)|
|Population in Households||244 (100.0%)|
|Population in Families||202 (82.8%)|
|Population in Group Quarters1||0|
|Median Household Income||$62,009|
|Average Household Income||$66,673|
|% of Income for Mortgage4||11%|
|Per Capita Income||$24,465|
|Total HU (Housing Units)||113 (100%)|
|Owner Occupied HU||72 (63.7%)|
|Renter Occupied HU||23 (20.4%)|
|Vacant Housing Units||18 (15.9%)|
|Median Home Value||$154,348|
|Average Home Value||$188,542|
|Housing Affordability Index3||261|
|Average Household Size||2.57|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.47%|
|Per Capita Income||2.12%|
|Owner Occupied HU||1.61%|
The table below compares Monument to the other 443 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2021 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.
|Total Population||# 289||35th|
|Population Density||# 367||17th|
|Median Household Income||# 48||89th|
|Housing Affordability Index||# 385||87th|
|Per Capita Income||# 190||57th|
|Diversity Index||# 195||56th|
Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.