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CITY · 2020 ACS

Parachute

Colorado · 1,390 residents · 2.281 sq mi
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The short version

Parachute has notably lower household income than the US average, with a median household income of $49,302. Population has grown 38% since 2000. 6% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $194,600. At a median age of 28.8, residents skew younger than the country as a whole. Households here earn about 34% less than the Colorado median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 28.8
US median: 38.8
Less educated
6% hold a bachelor's degree
US average: 33%
Less affordable
home values up 46%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,390
+38%since 2000
from 1,006 in 2000
1990 – 2025
Population density
609 / sq mi
+38%since 2000
from 441 / sq mi in 2000
US average: 280
Median age
28.8
−2%since 2000
from 29.3 in 2000
US average: 38.8
Population, 1990 – 2024
5908671K1K2K1990201020202024Parachute
20241K
1990201020202024
Section 02

Income & economy

Median household income
$49,302
+5%inflation adjusted, since 2000
from $31,208 in 2000
US average: $66,278
1990 – 2024
Per capita income
$18,282
+30%since 2000
from $14,114 in 2000
US average: $35,364
Households earning $100K+
28.6%
+5.5 ptssince 2009
from 23.1% in 2009
US average: 43.9%
Poverty rate
20.6%
+8.2 ptssince 2000
from 12.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade16.8%
US avg: 6.7%
Information13.1%
US avg: 11.1%
Other services10.4%
US avg: 6.6%
Finance & insurance7.3%
US avg: 5.5%
Retail trade6.9%
US avg: 10%
Agriculture, forestry, fishing6.3%
US avg: 1.7%
Professional, scientific, technical4.6%
US avg: 4.7%
Construction4.1%
US avg: 1.2%
Education & health services2.6%
US avg: 0.8%
Manufacturing2.2%
US avg: 0.5%
Public administration1.1%
US avg: 4.7%
Transportation & warehousing0%
US avg: 2.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$194,600
+46%inflation adjusted, since 2000
from $88,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$854
−2%inflation adjusted, since 2000
from $577 in 2000
US average: $1,124
Owner-occupied
42.7%
+5.1 ptssince 2000
from 37.5% in 2000
57.3% rent
Afford Score
3.9
+39%since 2000
from 2.8 in 2000
1990 – 2024
RELATED:See current rent listings in Parachute on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic74.8%(752)
Black0.8%(8)
Hispanic / Latino19.8%(199)
Asian0.4%(4)
Other0%
Diversity Score43.4%(437)
2020
White, non-Hispanic67.6%(939)
Black1.3%(18)
Hispanic / Latino23.6%(328)
Asian0.4%(6)
Other4.6%(63)
Diversity Score57.3%(796)
Diversity Score
57
+32%since 2000
from 43 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
6.1%
−6.6 ptssince 2000
from 12.7% in 2000
US average: 32.9%
High school or higher
83.8%
+6.2 ptssince 2000
from 77.5% in 2000
US average: 88.5%
Graduate degree
2.3%
+1.2 ptssince 2000
from 1.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
33.2 min
+14%since 2000
from 29.0 min in 2000
US average: 26.9
Drive alone to work
74.2%
+18.3 ptssince 2009
from 55.9% in 2009
US average: 75.1%
No vehicle available
2.2%
−2.9 ptssince 2009
from 5.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
15.5%
+2.8 ptssince 2011
from 12.7% in 2011
US average: 5.4%
Labor force participation
67.0%
−2.9 ptssince 2011
from 69.9% in 2011
US average: 63.4%
Management & professional
9.9%
−34.8 ptssince 2009
from 44.7% in 2009
US average: 39.3%
Section 08

People & community

Male
57.0%
+7.2 ptssince 2009
from 49.8% in 2009
Female
43.0%
−7.2 ptssince 2009
from 50.2% in 2009
Foreign born
6.4%
−18.4 ptssince 2009
from 24.7% in 2009
US average: 13.5%
Uninsured
9.8%
−53.1 ptssince 2013
from 62.9% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Parachute to nearby cities

PARACHUTE VS
Rifle
Income$80,000+62%
Home value$413,500+112%
Population10,844+694%
SEE FULL COMPARISON →
PARACHUTE VS
Fruitvale
Income$77,887+58%
Home value$333,100+71%
Population8,019+487%
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PARACHUTE VS
Clifton
Income$52,100+6%
Home value$250,500+29%
Population19,518+1329%
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PARACHUTE VS
Grand Junction
Income$70,080+42%
Home value$389,800+100%
Population71,827+5158%
SEE FULL COMPARISON →
Frequently asked

How many people live in Parachute, Colorado?

Parachute, Colorado has about 1,390 residents according to the 2020 American Community Survey.

What is the median household income in Parachute, Colorado?

The typical household in Parachute, Colorado earns about $49,302 a year. Half of households make more than that, and half make less.

Is Parachute, Colorado expensive?

In Parachute, Colorado, the median home is worth about $194,600, and the typical rent is about $854 a month.

How educated are people in Parachute, Colorado?

About 6.1% of adults age 25 and over in Parachute, Colorado hold a bachelor's degree or higher.

What is the poverty rate in Parachute, Colorado?

About 20.6% of people in Parachute, Colorado live below the federal poverty line.

Has Parachute, Colorado grown since 1990?

Yes, Parachute, Colorado has grown since 1990. The population has added about 708 residents, a change of about 104 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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