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The total population of Parachute is estimated to be 1,555 with 918 males (59.04%) and 637 females (40.96%). There are 281 less females than males in Parachute.
The median household income in Parachute was $55,860 in 2021, which marked an a decrease of 6(0.01%) from $55,866 in 2020. This income is 74.87% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Parachute sees its highest median household income among householders in the age group of 45 to 64 years old, at $62,377. Overall, the median household income for the town of Parachute stands at $55,860.
In Parachute, the median income for all workers aged 15 years and older, regardless of work hours, was $37,245 for males and $22,969 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,299 for males and $36,273 for females.
In Parachute, population is primarily represented by White households, reporting a median income of $56,284.
In 2022, the population of Parachute was 1,368, a 1.30% decrease year-by-year from 2021. Previously, in 2021, Parachute's population was 1,386, a decline of 0.72% compared to a population of 1,396 in 2020.
The median age in Parachute, CO is 28.5, as per 2021 ACS 5-Year Estimates. Of the total population, 22.96% were under the age of 15, 29.56% aged 15 to 29, 37.52% aged 30 to 64, 9.83% aged 65 to 84, and 0.12% were 85 years of age and older.
Racial distribution of Parachute population: 85.38% are White, 1.49% are Black or African American, 4.36% are American Indian and Alaska Native, 0.81% are Asian, 1.18% are some other race and 6.78% are multiracial.