Last updated: 2024 BLS data · Page refreshed:
Parchment has a population of 2,008 with a median age of 29.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,008 |
| Median Age | 29.4 |
| White | 69.7% |
| Black or African American | 13.4% |
| Asian | 1.2% |
| Hispanic or Latino | 7.2% |
| Other / Two or More Races | 8.5% |
The median household income in Parchment is $72,798, which is 9.7% below the national median of $80,610. The per capita income is $40,618. The poverty rate is 6.6%.
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In Parchment, 96.6% of residents age 25+ have a high school diploma or higher, and 23.5% hold a bachelor's degree or higher (6.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.6% |
| Bachelor's Degree or Higher | 23.5% |
| Graduate or Professional Degree | 6.3% |
The median home value in Parchment is $184,000, below the national median of $303,400. The median monthly rent is $1,045. The homeownership rate is 58.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $184,000 |
| Median Monthly Rent | $1,045 |
| Homeownership Rate | 58.0% |
| Vacancy Rate | 8.6% |
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