Monkbridge Gardens, a neighborhood in Albuquerque, New Mexico, is characterized as a Hispanic Majority community with moderate economic challenges. As of 2022, the neighborhood has a population of 3,475 and a median income of $44,061. Monkbridge Gardens is categorized as a Low Diversity area, with Hispanic residents comprising 60% of the population. The neighborhood has experienced significant demographic shifts over the past decade, indicating a transitional community in terms of both racial composition and economic status.

Over the past decade, Monkbridge Gardens has maintained its status as a Hispanic Majority community. However, there have been notable changes in the racial composition. The Hispanic population decreased from 72% in 2013 to 60% in 2022, indicating a gradual shift away from Low Diversity towards Moderate Diversity. The White population increased from 23% in 2013 to 30% in 2022, suggesting a growing presence of non-Hispanic white residents. The population identifying as two or more races increased from 1% in 2013 to 4% in 2022, indicating a trend towards greater racial mixing. These shifts suggest that while Monkbridge Gardens remains a Hispanic Majority area, it is slowly transitioning towards a more diverse community composition.

The neighborhood has experienced fluctuations in median income over the years. From 2013 to 2015, there was a relatively stable period with median income around $40,000-$43,000. From 2016 to 2019, there was a significant drop in median income, reaching a low of $32,270 in 2016. From 2020 to 2022, there was a strong recovery, with median income rising to $44,061 in 2022. These economic changes correlate with demographic shifts. The period of economic decline coincides with a slight increase in the Hispanic population percentage. The recent economic recovery aligns with the growing proportion of white residents and those of two or more races.