I have very itchy, dry, and slightly raised bumps on my mons pubis that are a red-ish brown color. Is this just dry skin? What can I do to treat it?

Bumps. It is hard to judge based on just your description. It could be dry skin but it also could be an infection like folliculitis or molluscum contagiosum.
Not necessarily. There are many different skin conditions that may occur in that area, including psoriasis, allergic reactions, eczema, and some infections, among others. Please see a health professional for accurate diagnosis and treatment.