Parachute, CO

Census Place

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2024 Population
1,422
US Senator
Michael Bennet
Democratic Party
US Senator
John Hickenlooper
Democratic Party
2024 Median Age
26.1
2.61% 1-year decrease
2024 Poverty Rate
27.5%
53.2% 1-year increase
2024 Median Household Income
$58,778
0.224% 1-year decline
2024 Median Property Value
$271,400
0.705% 1-year growth
2024 Employed Population
591
10.7% 1-year decline

About

None of the households in Parachute, CO reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

97.3% of the residents in Parachute, CO are U.S. citizens.

In 2024, the median property value in Parachute, CO was $271,400, and the homeownership rate was 50.7%.

Most people in Parachute, CO drove alone to work, and the average commute time was 36.9 minutes. The average car ownership in Parachute, CO was 2 cars per household.

Population & Diversity

Parachute, CO is home to a population of 1.42k people, from which 97.3% are citizens. As of 2024, 3.73% of Parachute, CO residents were born outside of the country (53 people).

In 2024, there were 6.97 times more White (Non-Hispanic) residents (1.09k people) in Parachute, CO than any other race or ethnicity. There were 156 Two Races Including Other (Hispanic) and 68 White (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

97.3%
2024 Citizenship
96.2%
2023 Citizenship

As of 2024, 97.3% of Parachute, CO residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Parachute, CO was 96.2%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Parachute, CO compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Parachute, CO
  1. White (Non-Hispanic)
    1.09k ± 352
  2. Two Races Including Other (Hispanic)
    156 ± 254
  3. White (Hispanic)
    68 ± 61
18.8%
Hispanic Population
267 people

In 2024, there were 6.97 times more White (Non-Hispanic) residents (1.09k people) in Parachute, CO than any other race or ethnicity. There were 156 Two Races Including Other (Hispanic) and 68 White (Hispanic) residents, the second and third most common ethnic groups.

18.8% of the people in Parachute, CO are hispanic (267 people).

The following chart shows the 8 races represented in Parachute, CO as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Colorado.
Most Common Origin
  1. Mexico
    203,143 ± 10,870 people
  2. India
    22,453 ± 3,672 people
  3. China
    17,281 ± 3,223 people

In 2023, the most common birthplace for the foreign-born residents of Colorado was Mexico, the natal country of 203,143 Colorado residents, followed by India with 22,453 and China with 17,281.

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Foreign-Born Population

3.73%
2024 Foreign-Born Population
53 people
4.96%
2023 Foreign-Born Population
75 people

As of 2024, 3.73% of Parachute, CO residents (53 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Parachute, CO was 4.96%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Parachute, CO compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Gulf War (1990s)
    16 ± 30
  2. Gulf War (2001-)
    10 ± 18
  3. Vietnam
    10 ± 23

Parachute, CO has a large population of military personnel who served in Gulf War (1990s), 1.6 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Parachute, CO.

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Economy

The economy of Parachute, CO employs 591 people. In 2024, the largest industries in Parachute, CO were Construction (86 people), Retail Trade (71 people), and Mining, Quarrying, & Oil & Gas Extraction (68 people), and the highest paying industries were Manufacturing ($92,955), Agriculture, Forestry, Fishing & Hunting, & Mining ($83,676), and Mining, Quarrying, & Oil & Gas Extraction ($83,676).

Occupations

591
2024 Value
± 168
−10.7%
1 Year decline
± 43%

From 2023 to 2024, employment in Parachute, CO declined at a rate of −10.7%, from 662 employees to 591 employees.

The most common job groups, by number of people living in Parachute, CO, are Sales & Related Occupations (112 people), Construction & Extraction Occupations (67 people), and Food Preparation & Serving Related Occupations (67 people). This chart illustrates the share breakdown of the primary jobs held by residents of Parachute, CO.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Colorado.

This chart shows weekly unemployment insurance claims in Colorado (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

591
2024 Value
± 168
−10.7%
1 Year decline
± 43%

From 2023 to 2024, employment in Parachute, CO declined at a rate of −10.7%, from 662 employees to 591 employees.

The most common employment sectors for those who live in Parachute, CO, are Construction (86 people), Retail Trade (71 people), and Mining, Quarrying, & Oil & Gas Extraction (68 people). This chart shows the share breakdown of the primary industries for residents of Parachute, CO, though some of these residents may live in Parachute, CO and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$51,389
Median earning men ± $8,674
$30,329
Median earning women ± $9,220

The industries with the best median earnings for men in 2024 are Manufacturing ($92,955), Agriculture, Forestry, Fishing & Hunting, & Mining ($83,456), and Wholesale Trade ($66,250).

The industries with the best median earnings for women in 2024 are Retail Trade ($35,850), Educational Services, & Health Care & Social Assistance ($29,643), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($24,712).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Colorado.
Y-Axis
1.73%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 2.87M people employed in Colorado. This represents a 1.73% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 11.9%.

The following chart shows monthly employment numbers for each industry sector in Colorado.

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Civics

In the 2024 presidential election, the popular vote in Colorado went to Kamala Harris with 54.1% of the vote. The runner-up was Donald J. Trump (43.1%), followed by Robert Kennedy (1.12%).

Michael Bennet and John Hickenlooper are the senators currently representing the state of Colorado. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Colorado is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Colorado

Senatorial voting results are only available at the state level. Showing data for Colorado.
Michael Bennet
Senator from Colorado3
Assumed office on January 21, 2009
Appointed to the seat following the resignation of Ken Salazar, who had become Secretary of the Interior.
John Hickenlooper
Senator from Colorado2
Assumed office on January 3, 2021

Michael Bennet and John Hickenlooper are the senators currently representing Colorado.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Colorado over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Parachute, CO was $271,400 in 2024, which is 0.816 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $269,500 to $271,400, a 0.705% increase. The homeownership rate in Parachute, CO is 50.7%, which is lower than the national average of 65.2%.

People in Parachute, CO have an average commute time of 36.9 minutes, and they drove alone to work. Car ownership in Parachute, CO is approximately the same as the national average, with an average of 2 cars per household.

Property

$271,400
Median Property Value 2024
±$25,105
$262
Median Property Taxes
±$111

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Parachute, CO the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Parachute, CO compared to it's parent and neighbor geographies.

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Rent vs Own

50.7%
Homeownership
2024
53.6%
Homeowners with Mortgage
2024

In 2024, 50.7% of the housing units in Parachute, CO were occupied by their owner. This percentage declined from the previous year's rate of 51.7%.

This chart shows the percentage of owner in Parachute, CO compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$58,778
Median Household Income
± $16,117
517
Number of Households
± 147

In 2024, the median household income of the 517 households in Parachute, CO declined from $58,778 from the previous year's value of $58,910.

The following chart displays the households in Parachute, CO distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Parachute, CO is from Colorado.
0.462
2023 Wage GINI in Colorado
0.464
2022 Wage GINI in Colorado

In 2023, the income inequality in Colorado was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.304% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Colorado was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Colorado in comparison to the national average.

This chart shows the number of workers in Colorado across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (54.8%)
  2. Carpooled (23.7%)
  3. Worked At Home (15.5%)

In 2024, 54.8% of workers in Parachute, CO drove alone to work, followed by those who carpooled to work (23.7%) and those who worked at home (15.5%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

36.9 minutes
Average Travel Time

Using averages, employees in Parachute, CO have a longer commute time (36.9 minutes) than the normal US worker (26.4 minutes). Additionally, 7.58% of the workforce in Parachute, CO have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Parachute, CO compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Parachute, CO distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Parachute, CO have 2 cars.

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Poverty & Diversity

27.5% of the population for whom poverty status is determined in Parachute, CO (390 out of 1.42k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 25 - 34, followed by Males < 5 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Parachute, CO is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

93.3% of the population of Parachute, CO has health coverage, with 21.8% on employee plans, 50.4% on Medicaid, 9.07% on Medicare, 11.2% on non-group plans, and 0.914% on military or VA plans.

Primary care physicians in Colorado see 1,207 patients per year on average, which represents a 0% change from the previous year (1,207 patients). Compare this to dentists who see 1161 patients per year, and mental health providers who see 204 patients per year.

By gender, of the total number of insured persons, 61% were men and 39% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 38.3% under 18 years, 24.9% between 18 and 34 years, 26.2% between 35 and 64 years, and 10.7% over 64 years.

By gender, of the total number of insured persons, 61% were men and 39% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

6.68%
Uninsured
21.8%
Employer Coverage
50.4%
Medicaid
9.07%
Medicare
11.2%
Non-Group
0.914%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Parachute, CO grew by 36.6% from 4.89% to 6.68%.

The following chart shows how the percent of uninsured individuals in Parachute, CO changed over time compared with the percent of individuals enrolled in various types of health insurance.

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