Parachute, Colorado Demographics & Population 2026
During the 2020–2024 ACS period, Parachute, Colorado had a total population of 1,422, the 193rd largest town in Colorado, with a median household income of $58,778, which is 38% lower than the state average. The poverty rate is 27.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 38% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (27.5%), well above the national average of 12.4%.
- Unemployment rate of 18.7% is notably above the national average.
Parachute Quick Facts
How Parachute Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,513 | 1,422 | -6.0% |
| Median household income | $58,910 | $58,778 | -0.2% |
| Median home value | $269,500 | $271,400 | +0.7% |
How Parachute Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 52 | National average: 61
Education
Educational Attainment (Adults 25+)
Parachute Rankings in Colorado
Explore Colorado Rankings
Other Cities in Garfield County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Rifle | 10,570 | $80,000 | 6.0% | $413,500 |
| Glenwood Springs | 10,241 | $91,481 | 7.9% | $619,000 |
| Carbondale | 6,637 | $108,324 | 10.5% | $900,600 |
| Battlement Mesa | 5,755 | $76,152 | 11.0% | $312,700 |
| New Castle | 4,880 | $80,084 | 6.2% | $454,300 |
| Silt | 3,642 | $93,690 | 2.6% | $446,900 |
| Chacra | 457 | N/A | 21.7% | $1,041,700 |
| Mulford | 413 | $141,036 | 0.0% | $1,302,100 |
| Cattle Creek | 396 | $44,769 | 4.8% | $1,100,000 |
| No Name | 269 | $158,377 | 0.0% | N/A |
Cities Similar to Parachute
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Ellicott | 1,404 | N/A | N/A | 9.3% | 52.6% |
| Ordway | 1,528 | $54,583 | $104,400 | 21.3% | 18.6% |
| Springfield | 1,384 | $48,295 | $134,100 | 25.1% | 12.4% |
| Paonia | 1,661 | $59,574 | $343,700 | 36.7% | 17.1% |
| Hotchkiss | 1,224 | $54,545 | $266,700 | 18.0% | 9.3% |
Population Overview
Parachute is a small community located in Colorado, within Garfield County. The total population is 1,422. It ranks as the 193rd most populous out of 472 Census-designated places in Colorado.
Age Demographics
The median age in Parachute is 26.1 years. This is 31% lower than the state median of 37.7 years. With 32.0% of the population under 18, Parachute has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Parachute is $58,778. This is 38% lower than the state median of $95,470. It is also 27% lower than the national median of $80,734. The poverty rate stands at 27.5%. This is 191% higher than the state poverty rate of 9.4%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 18.7%. This is 304% higher than the state rate of 4.6%. The median home value is $271,400. Housing costs are 50% lower than the state median of $539,400. The home-value-to-income ratio is 4.6x. 50.7% of occupied housing units are owner-occupied. This homeownership rate is 23% lower than the state average of 66.2%.
Race & Ethnicity
The largest racial or ethnic group in Parachute is White (non-Hispanic), making up 76.5% of the population. Hispanic or Latino residents account for 18.8%. The Asian population (0.8%) is well below the state average of 3.2%.
Education
10.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 77% lower than the state rate of 45.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%.
Data Sources & Methodology
All demographic data for Parachute, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 472 Census-designated places in Colorado. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Parachute, Colorado?
Parachute, Colorado has a population of 1,422 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Parachute, CO?
The median household income in Parachute is $58,778, which is 27% lower than the national median of $80,734.
What is the poverty rate in Parachute, CO?
The poverty rate in Parachute is 27.5%. This means approximately 390 residents live below the federal poverty line.
What is the racial makeup of Parachute, Colorado?
Parachute's population is 76.5% White, 0.0% Black, 18.8% Hispanic/Latino, and 0.8% Asian.
What is the median home value in Parachute, CO?
The median home value in Parachute is $271,400. The home-value-to-income ratio is 4.6x.
How educated is Parachute, Colorado?
10.7% of adults (25+) in Parachute hold a bachelor's degree or higher, and 0.5% hold a graduate or professional degree.