As of 2026 the population of Monahans is 7,496. The population is expected to shrink to 7,367 by 2031 - a growth rate of -0.35%.
The median age of Monahans residents is 36.
The diversity index of Monahans is 81.9, meaning that there is a 82% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Monahans is $100,475 and projected to be $108,386 in 2031. Per capita income is $37,683, projected to be $41,265 in 2031. 2.75% of households – 206 – have an income of $200,000 or higher. Average net worth is $888,583 and the average disposable income is $79,139.
There are 3,513 housing units in Monahans; 2,017 are owner-occupied, 783 are rented, and 713 are vacant. The average home value is $199,363, with 444 homes built in 2010 or later, and 8 built in 1939 or earlier.
There are 318 businesses in Monahans, employing 2,911 workers and pulling from a labor force of 3,611 age 16 and above. 1,095 workers commute into Monahans from outside the county or state. Key industries for the area include:
2,516 residents both live and work in/around Monahans. The average travel time is 20.7 minutes. 11.37% people have a commute of less than 5 minutes while 2.19% commute 90 minutes or more each way. Of commuters, 3,093 drive alone, 405 carpool, and 0 take public transportation. 77 use other modes of transport such as motorcycle, bicycle, walking, etc. 36 residents work from home.
1,787 members of the workforce hold a high school diploma or GED. 342 have associates degrees, 523 have bachelor’s degrees, and 190 hold a graduate or professional degree.
Source: ESRI, 2026-09-09
