Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.6 yrs |
|---|---|
| Avg HH Size | 2.43 |
| Below Poverty | 11.6% ▲ 16% above avg |
| College Grads | 32.3% ▼ 17% below avg |
| Unemployment | 5.7% ▲ 17% above avg |
| No HS Diploma | 185 (4.4%) |
| HS Graduate | 1,003 (24.1%) |
| Some College | 812 (19.5%) |
| Associates | 815 (19.6%) |
| Bachelors | 340 (8.2%) |
| Graduate Degree | 1,005 (24.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $68,865 ▼ 10% below avg |
|---|---|
| Median Home Value | $251,900 ▼ 10% below avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $998/mo |
| Total Housing Units | 3,066 |
| Vacant Units | 146 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Parachute is a city in Colorado, located in Garfield County. The city spans 1 ZIP code and is home to approximately 7,155 residents. It is a relatively young city, with a median age of 35.6 years.
Economically, Parachute is a solidly middle-class community. The median household income of $68,865 is near the national average. Approximately 11.6% of residents live below the poverty line. The unemployment rate is 5.7%, above the national average.
The real estate market in Parachute is a mid-range housing market. Median home values stand at $251,900, which is near the national average. Renters typically pay around $998 per month. Homeownership is high at 67.9%, typical of suburban and family-oriented communities.
The population of Parachute is moderately educated. 32.3% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (69.99%).
Parachute, CO offers residents a cost-conscious lifestyle within Colorado.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 81635 | 7,155 | $68,865 | $251,900 | $998 | 5.7% | 32.3% | 67.9% |