Parshall, CO Profile: Facts & Data

The Parshall CDP⁽¹⁾ had a population of 46 as of July 1, 2024. Parshall ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Parshall is located at latitude 40.0569 and longitude -106.1753 in Grand County. The formal boundaries for the Parshall Census Designated Place encompass a land area of 0.3 sq. miles and a water area of 0 sq. miles. Grand County is in the Mountain time zone (GMT -7).

The Parshall Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Parshall Census Designated Place is located within Kremmling Division of Grand County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Parshall, CO Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	46 (100%)
Population in Households	46 (100.0%)
Population in Families	35 (76.1%)
Population in Group Quarters¹	0
Population Density	154
Diversity Index²	41


INCOME
Median Household Income	$100,697
Average Household Income	$113,553
% of Income for Mortgage⁴	0%
Per Capita Income	$56,776
Wealth Index⁵	107
Socioeconomic Status Index⁶	Moderate (58.2)

HOUSING
Total HU (Housing Units)	37 (100%)
Owner Occupied HU	21 (56.8%)
Renter Occupied HU	2 ( 5.4%)
Vacant Housing Units	14 (37.8%)
Median Home Value	$597,222
Average Home Value	$708,333
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	23
Average Household Size	2.00
Family Households	13
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Parshall, CO - Peer Comparisons by Rank and Percentile

The table below compares Parshall to the other 482 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	2.16%	0.43%
Households	-4.52%	0.85%
Families		6.72%
Median Household Income		6.28%
Per Capita Income		2.80%
Owner Occupied HU		1.84%

Variable Description	Rank	Percentile
Total Population	# 458	5th
Population Density	# 394	18th
Median Household Income	# 148	70th
Housing Affordability Index	# 12	2nd
Per Capita Income	# 129	73rd
Diversity Index	# 299	38th

Parshall, CO Profile: Facts & Data

Parshall, Colorado - Basic Facts

Parshall, CO Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Parshall, CO - Peer Comparisons by Rank and Percentile

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