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Parachute town, Colorado

City

Population: 1,513 (2023 estimate)

Located in Colorado , Colorado

Census Bureau data for Parachute town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Parachute town

What is the median household income in Parachute town?
The median household income in Parachute town is $58,910 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Parachute town?
The poverty rate in Parachute town is 7.5% (U.S. Census Bureau ACS 2023).
What is the median home value in Parachute town?
$269,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Parachute town?
The median gross rent in Parachute town is $1,050 per month (U.S. Census Bureau ACS 2023).
What percentage of Parachute town residents have a college degree?
9.4% of adults in Parachute town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,513
Median Income
$58,910
Median Home Value
$269,500
Poverty Rate
7.5%
Unemployment (ACS 2023)
15.1%
Median Age
26.0 yrs
Since 2019 Median Income: +$6,410 (+12.2%) Home Value: +$98,400 (+57.5%) Poverty Rate: -3.1 pp (-29.2%) Bachelor's+: -0.1 pp (-1.1%) Unemployment: +9.4 pp (+164.9%)

Demographics

Total Population 1,513
Median Age 26.0
Female 38.4%
Race & Ethnicity
Hispanic or Latino 20.9% White (non-Hisp.) 75.1% Asian 0.9% Two or More 14.5% Other 3.8%
Asian Subgroups (% of total pop.)
Filipino
0.4%
Chinese
0.3%
Korean
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
8.3%
Puerto Rican
1.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $58,910 ±$15,472
-$33,560 vs. state
Per Capita Income $74,941
Median Family Income $59,744
Poverty Rate 7.5%
+1.6 pp vs. state
Child Poverty Rate 11.2%
Working-Age Poverty Rate
SNAP Recipients 34.8%
Social Security Income
Retirement Income 7.4%
Household Income Distribution
< $10k
3.8%
$10–15k
3.8%
$15–25k
10.6%
$25–35k
10.8%
$35–50k
15.0%
$50–75k
13.4%
$75–100k
15.3%
$100–150k
18.0%
$150–200k
6.1%
$200k+
3.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 561
Owner-Occupied 51.7%
Renter-Occupied 48.3%
Vacancy Rate 5.9%
Median Home Value $269,500
-$232,700 vs. state
Median Gross Rent $1,050
Owner Cost Burden (30%+) 16.2%
Renter Cost Burden (30%+) 38.3%
Home Value Distribution
< $50k
8.1%
$200–300k
54.2%
$300–500k
24.9%
$500k–$1M
1.1%
$1M+
0.7%
Gross Rent Distribution
< $500
11.9%
$500–1k
29.4%
$1–1.5k
51.2%
$1.5–2k
7.5%
Vehicle Availability
No vehicle
9.7%
1 vehicle
30.7%
2 vehicles
28.8%
3+
30.9%
Housing Type
Single-fam. det.
35.7%
Single-fam. att.
10.9%
2–4 units
2.3%
5–19 units
8.2%
20+ units
8.2%
Mobile home
11.9%
Housing Age
Pre-1940
8.7%
1940–1969
0.5%
1970–1999
1.6%
2000–2009
26.9%
2010+
4.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 93.9%
Bachelor's or Higher 9.4%
-35.3 pp vs. state
Graduate Degree 0.4%
Some College / Associate 37.8%
Less Than High School 0.3%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 70.4%
Unemployment Rate 15.1%
+10.6 pp vs. state
Work from Home 12.7%
Self-Employed 10.4%
Government Workers 6.8%
Private For-Profit 80.7%
Industry
Construction
16.3%
Agriculture
12.2%
Prof. Services
11.5%
Edu/Health
11.0%
Finance
10.7%
Retail
10.1%
Arts/Entmt.
9.2%
Manufacturing
6.2%
Transportation
6.0%
Public Admin
1.5%
Wholesale
1.4%
Occupation
Sales
25.4%
Construction
20.2%
Production
19.3%
Management
18.3%
Food Prep
16.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 33.6 min
Drove Alone 63.4%
Carpool 19.8%
Public Transit 0.5%
Work from Home 12.7%
Walked 3.6%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 528
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 45.1%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 20.3%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
8.0%
5–9
6.7%
10–14
8.3%
15–19
16.3%
20–24
8.3%
25–34
10.6%
35–44
14.7%
45–54
7.7%
55–64
4.0%
65–74
3.4%
75–84
9.5%
85+
2.4%
Under 18: 31.1% Working age (18–64): 68.9% 65 and over: 12.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 5.0%
Naturalized Citizen 22.7%
Speaks English Less Than Very Well 3.4%
Foreign-Born Origin
Latin America
76.0%
Europe
14.7%
Asia
9.3%

Veterans & Disability

Veteran 5.1%
With a Disability 8.1%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 95.1%
Uninsured 4.9%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 90.0%
Has a Computer 96.4%
Same House 1 Year Ago 84.6%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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