Parachute, CO
1,422Residents
$58,778Median household income
$1,073/moMedian gross rent
$271,400Median home value
26.1Median age
11%Adults with a bachelor’s degree or higher
51%Homes lived in by their owners
4.6×Home value to household income
Median rent takes about 22% of the median household income in Parachute.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $43,000 a year. In Colorado that leaves roughly $2,903 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.