Last updated: 2024 BLS data · Page refreshed:
Parachute has a population of 1,422 with a median age of 26.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,422 |
| Median Age | 26.1 |
| White | 81.3% |
| Asian | 0.8% |
| Hispanic or Latino | 18.8% |
The median household income in Parachute is $58,778, which is 27.1% below the national median of $80,610. The per capita income is $27,075. The poverty rate is 27.5%.
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In Parachute, 91.9% of residents age 25+ have a high school diploma or higher, and 10.7% hold a bachelor's degree or higher (0.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.9% |
| Bachelor's Degree or Higher | 10.7% |
| Graduate or Professional Degree | 0.5% |
The median home value in Parachute is $271,400, below the national median of $303,400. The median monthly rent is $1,073. The homeownership rate is 50.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $271,400 |
| Median Monthly Rent | $1,073 |
| Homeownership Rate | 50.7% |
| Vacancy Rate | 5.7% |
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