Parachute town, Colorado Demographics & Population 2026

Name: Parachute town, Colorado Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Parachute town, Colorado has a total population of 1,513, the 191st largest city in Colorado, with a median household income of $58,910, which is 36% lower than the state average. The poverty rate is 17.9%.

Key Takeaways

Household income is 36% below the state average, indicating significant economic challenges.
Only 9.4% of adults have a bachelor's degree, well below the national average of 35.0%.
Unemployment rate of 15.1% is notably above the national average.

Parachute town Quick Facts

Population 1,513

Median Household Income $58,910

Median Home Value $269,500

Poverty Rate 17.9%

Unemployment Rate 15.1%

Median Age 26.8 years

Homeownership Rate 51.7%

Affordability Ratio 4.6x

Bachelor's Degree or Higher 9.4%

High School Graduation Rate 93.9%

Diversity Index 39/100

Population 1,513 191st of 471

Median Income $58,910 below average

Poverty Rate 17.9% 44% higher national

Median Home Value $269,500 below average

How Parachute town Compares

Median Household Income

Parachute town

$58,910

$92,470

National

$78,538

Median Home Value

Parachute town

$269,500

$502,200

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 18.2%

$25K-$50K 25.8%

$50K-$100K 28.8%

$100K+ 27.3%

Employment

15.1% Unemployment Rate State: 4.5% | National: 5.2%

70.4% Labor Force Participation

Housing Overview

Owner 51.7%

Renter 48.3%

Affordability Index Moderate

4.6x home value to income ratio

People & Demographics

Age Distribution

Under 18

31.1%

18-34

27.2%

35-54

22.3%

55-74

16.9%

75+

2.5%

Race & Ethnicity

Diversity Index

Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 51 | National average: 60

Education

Educational Attainment (Adults 25+)

Parachute town Rankings in Colorado

#191 Population of 471

#283 Median Income of 471

#417 Education of 471

#279 Home Value of 471

Explore Colorado Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Parachute town

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Paonia town	1,454	$52,466	$301,300	34.1%	19.1%
Akron town	1,681	$59,470	$186,500	27.0%	7.5%
Mountain Village town	1,713	$59,881	$2,000,001	54.3%	16.9%
Ellicott CDP	1,337	$55,822	N/A	7.2%	39.0%
Limon town	1,572	$46,950	$208,000	39.4%	7.6%

Population Overview

Parachute town is a small community located in Colorado. The total population is 1,513. It ranks as the 191st most populous out of 471 cities and towns in Colorado.

Age Demographics

The median age in Parachute town is 26.8 years. This is 29% lower than the state median of 37.5 years. With 31.1% of the population under 18, Parachute town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Parachute town is $58,910. This is 36% lower than the state median of $92,470. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 17.9%. This is 91% higher than the state poverty rate of 9.4%. The unemployment rate is 15.1%. This is 237% higher than the state rate of 4.5%. The median home value is $269,500. Housing costs are 46% lower than the state median of $502,200. The home-value-to-income ratio is 4.6x. 51.7% of occupied housing units are owner-occupied. This homeownership rate is 22% lower than the state average of 66.3%.

Race & Ethnicity

The largest racial or ethnic group in Parachute town is White (non-Hispanic), making up 75.1% of the population. Hispanic or Latino residents account for 20.9%. The Asian population (0.9%) is well below the state average of 3.2%.

Education

9.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 79% lower than the state rate of 44.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.9%.

Data Sources & Methodology

All demographic data for Parachute town, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 471 Census-designated places in Colorado. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Parachute town, Colorado?

Parachute town, Colorado has a population of 1,513 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Parachute town, CO?

The median household income in Parachute town is $58,910, which is 25% lower the national median of $78,538.

What is the poverty rate in Parachute town, CO?

The poverty rate in Parachute town is 17.9%. This means approximately 270 residents live below the federal poverty line.

What is the racial makeup of Parachute town, Colorado?

Parachute town's population is 75.1% White, 0.0% Black, 20.9% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Parachute town, CO?

The median home value in Parachute town is $269,500. The home-value-to-income ratio is 4.6x.

How educated is Parachute town, Colorado?

9.4% of adults (25+) in Parachute town hold a bachelor's degree or higher, and 0.4% hold a graduate or professional degree.