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Monument, NM

Full City Profile · New Mexico · Lea County County

1.8 /5.0
D Poor
437 Population 83/sq mi density
$265,900 Home Value $209,664 Zillow
63°F Avg Temperature 330 sunny days/yr
673 Violent Crime/100K 4,329 property/100K
D
Overall
1.8 / 5.0
Below average overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
673 violent crimes/100K (77% above avg)
C+
Education
2.6 / 5.0
0.0% bachelor's degree or higher

Income Overview

Per Capita Income
$25,113
36% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
13.0%
5% above
US avg: 12.4%

Income Comparison: Monument vs. U.S. Average

Each bar shows Monument’s value as a percentage of the national average (100% line = U.S. avg)

Per Capita
US: $39,052
$25,113
64%
IRS Avg AGI
US: $72,000
$67,076
93%
Avg Weekly Wage
US: $1,432
$1,333
93%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,333
7% below US avg ($1,432)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
84.3%
15% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$12,858M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 84.3%
Public Transit 0%
Work From Home 0%
Other 15.7%

Business Landscape

Total Establishments
2,195
Restaurants
165
Healthcare
115
Retail
229
Manufacturing
30

Tax & Financial

IRS Avg Adjusted Gross Income
$67,076
7% below US avg ($72,000)
Avg Property Tax
$2,426
31% below US avg ($3,500)
Cost of Living Index
92.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Per Capita Income$25,113
IRS Avg Adjusted Gross Income$67,076
Avg Weekly Wage$1,333
County GDP$12,858M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate13.0%
Gini Coefficient0.473
Cost of Living Index92.2

Commute

Drive Alone84.3%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments2,195
Restaurants165
Healthcare115
Retail229
Manufacturing30

Tax

IRS Avg AGI$67,076
Avg Property Tax$2,426