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The total population of Monahans is estimated to be 7,595 with 3,773 males (49.68%) and 3,822 females (50.32%). There are 49 more females than males in Monahans.
The median household income in Monahans was $78,605 in 2021, which marked an a decrease of 2,024(2.51%) from $80,629 in 2020. This income is 105.36% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Monahans sees its highest median household income among householders in the age group of 45 to 64 years old, at $94,449. Overall, the median household income for the city of Monahans stands at $78,605.
In Monahans, the median income for all workers aged 15 years and older, regardless of work hours, was $58,294 for males and $21,083 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $77,856 for males and $43,556 for females.
In Monahans, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $270,229, while White households represent the opposite end with the lowest median household income of $68,187.
In 2022, the population of Monahans was 7,324, a 1.60% decrease year-by-year from 2021. Previously, in 2021, Monahans's population was 7,443, a decline of 5.25% compared to a population of 7,855 in 2020.
The median age in Monahans, TX is 35.1, as per 2021 ACS 5-Year Estimates. Of the total population, 25.35% were under the age of 15, 18.28% aged 15 to 29, 44.80% aged 30 to 64, 10.10% aged 65 to 84, and 1.47% were 85 years of age and older.
Racial distribution of Monahans population: 79.35% are White, 4.96% are Black or African American, 0.12% are American Indian and Alaska Native, 3.32% are Asian, 7.64% are some other race and 4.60% are multiracial.