As of 2025 the population of Monahans is 7,365. The population is expected to shrink to 7,266 by 2030 - a growth rate of -0.27%.
The median age of Monahans residents is 36.
The diversity index of Monahans is 81.8, 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 $94,717 and projected to be $99,835 in 2030. Per capita income is $35,458, projected to be $38,047 in 2030. 2.01% of households – 148 – have an income of $200,000 or higher. Average net worth is $718,856 and the average disposable income is $75,177.
There are 3,446 housing units in Monahans; 1,996 are owner-occupied, 759 are rented, and 691 are vacant. The average home value is $195,274, with 404 homes built in 2010 or later, and 10 built in 1939 or earlier.
There are 318 businesses in Monahans, employing 3,023 workers and pulling from a labor force of 3,434 age 16 and above. 946 workers commute into Monahans from outside the county or state. Key industries for the area include:
2,488 residents both live and work in/around Monahans. The average travel time is 0.0 minutes. 11.66% people have a commute of less than 5 minutes while 1.37% commute 90 minutes or more each way. Of commuters, 2,950 drive alone, 379 carpool, and 1 take public transportation. 51 use other modes of transport such as motorcycle, bicycle, walking, etc. 53 residents work from home.
1,987 members of the workforce hold a high school diploma or GED. 359 have associates degrees, 434 have bachelor’s degrees, and 115 hold a graduate or professional degree.
