Parachute, Colorado Population

Parachute, Colorado has a population of 1,460, with a median household income of $62,114.

Current population data for Parachute.

1,460

👥

Population

1,460

💰

Median Income

$62,114

📉

Unemployment

4.90%

🏠

Housing Price

$355,552

🚨

Crime Rate

2.60

🌐

Internet Speed

170.00 Mbps

Parachute is a small local community located in Colorado. The city has a population that is below the average city population in Colorado, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Parachute is a notable city in Colorado, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Parachute has a population of 1,460, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Parachute is $62,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Parachute is about $355,552, making it relatively affordable compared to many cities in Colorado.

Employment and Safety

The unemployment rate in Parachute is 4.90%, slightly above the state average, suggesting moderate employment conditions. Parachute has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Colorado, Parachute shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Parachute continues to play a role in shaping regional trends in Colorado, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Parachute

What is the population of Parachute?

The population of Parachute is approximately 1,460.

Is Parachute a good place to live?

Parachute offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Parachute?

The median household income in Parachute is around $62,114.

How expensive is housing in Parachute?

The average housing price in Parachute is approximately $355,552.