Parachute, CO Community Profile: Data

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Parachute, Colorado - Basic Facts

Parachute is the common name for the community and surrounding area while the formal official name is the Town of Parachute.

It is an incorporated place (Class Code P1) located in Garfield County at latitude 39.4519 and longitude -108.0529. Garfield County is in the Mountain time zone (GMT -7). The elevation is 5,092 feet.

The formal boundaries for the Town of Parachute (see map) encompass a land area of 1.61 sq. miles and a water area of 0.06 sq. miles.

Alternate Unofficial Names for Parachute: Grand Valley.

Camera Icon Photos of the local Parachute, CO area

Also See: Parachute, CO ZIP Codes and ZIP Code Maps

Parachute, CO - Peer Comparisons by Rank and Percentile

The table below compares Parachute to the other 458 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 202 56th
Population Density1 # 243 47th
Diversity Index2 # 11 97th
Median Household Income # 342 26th
Per Capita Income # 410 11th

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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Parachute, CO Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 1,104
Population in Households 1,104
Population in Familes 880
Population in Group Qrtrs 0
Population Density1 687
Diversity Index2 76
 

HOUSEHOLDS

Total Households 373
Average Household Size 2.96
Family Households 243
Average Family Size 4

HOUSING

Total Housing Units 542 (100%)
Owner Occupied HU 195 (36.0%)
Renter Occupied HU 178 (32.8%)
Vacant Housing Units 169 (31.2%)
Median Home Value $144,643
Average Home Value $214,796
 

INCOME

Median Household Income $41,585
Average Household Income $51,977
Per Capita Income $18,008
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 0.41% 0.38%
Households 0.13% 0.21%
Families 0.1% 0.25%
Median Household Income   2.5%
Per Capita Income   1.87%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Information Updates

The Demographic Data for the 1,219 Colorado cities, towns, counties, ZIP Codes and Census Designated Places (CDPs) profiled in this gazetteer is updated annually. Last Update: July 1, 2014.

The ZIP Code maps and the data regarding the number of residential and business addresses in each ZIP Code are updated four times per year. Last Update: August 1, 2014.

The information on the 50,051 Colorado Physical, Cultural and Historic Features is updated six times per year. Last Update: August 2, 2014.

The School Attendance Zone Maps for 1,645 Colorado public schools are updated four times per year. Last Update: July 8, 2014.