At a Glance
Median Income
$58,910
$26,986 per capita
Home Value
$269,500
Zillow: $424,154
Median Rent
$1,050/mo
26.9% of income on rent
Violent Crime
369/100K
1,328/100K property
Bachelor's Degree+
9.4%
93.9% high school+
Unemployment
15.1%
7.5% poverty rate
Obesity Rate
26.1%
15.6% smoking rate
How Parachute Compares to the U.S. Average
Each bar shows Parachute's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Parachute a Good Place to Live?
C
2.4 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Parachute residents earn a median household income of $58,910 , which is 22% below the national average of $75,149.
Per capita income is $26,986. The unemployment rate stands at 15.1% (319% above the U.S. rate of 3.6%). 7.5% of residents live below the poverty line. The area is home to 5,690 business establishments, including 370 restaurants.
Housing & Cost of Living
The median home value in Parachute is $269,500 , 4% below the national median of $281,900.
Zillow estimates the typical home at $424,154. Median rent is $1,050/month, with 26.9% of renters spending more than 30% of income on housing. The cost of living index is 103.1 (100 = national average). The median home was built in 1989.
Safety & Crime
Parachute reports 369 violent crimes per 100,000 residents
, which is 3% below the national average of 380/100K.
Property crime is 1,328/100K.
Education
9.4% of adults in Parachute hold a bachelor's degree or higher
(72% below the national average).
93.9% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Parachute has an average annual temperature of 49°F (10°C).
Winters average 25°F in January while summers reach 74°F in July. Annual precipitation totals 10.7 inches. Air quality is rated Good with a median AQI of 48.
Data Overview
People
Population1,513
Median Age26.8 yrs
Density661/mi²
Male / Female62% / 38%
Foreign Born5.0%
Veterans5.1%
Economy
C+
Median Income$58,910
Per Capita$26,986
Unemployment15.1%
Poverty7.5%
County GDP$9,476M
Avg Weekly Wage$1,102
Housing
A
Home Value$269,500
Rent$1,050
Ownership51.7%
Zillow$424,154
Housing Units580
Rent Burden26.9%
Crime
F
Violent369/100K
Property1,328/100K
Health
Obesity26.1%
Diabetes9.2%
Smoking15.6%
Heart Disease5.8%
Premature Death8,653/100K
Climate
Avg Temp49°F
Rain10.7 in/yr
AQI48 (Good)
Elevation5,082 ft
Education
D
Bachelor's+9.4%
High School+93.9%
Graduate+1.3%
School Score5.7/10
Community
2024 VoteR 61% / D 37%
Commute34 min
Broadband90.0%
Internet Speed116 Mbps
EV Stations4
Libraries8
Did You Know?
The median home in Parachute was built in 1989.
The nearest airport is Grand Junction Regional (34 miles).
The Gini coefficient (income inequality) is 0.440 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
8.1% of the population has a disability.
Average internet download speed is 116 Mbps.
There are 370 restaurants in the area.
The county recorded 28 fatal vehicle crashes.
91 declared natural disasters on record.