Parachute employment information

IndexParachuteColoradoNational
Income per capita$13,850$31,674$28,555
Median household income$31,302$59,448$53,482
Median income owner occupied$55,000$76,398$68,142
Median income renter occupied$27,784$36,328$33,219
Median earnings male$23,954$38,288$36,116
Median earnings female$18,036$26,797$25,692
Unemployment rate9.2%5.4%5.8%
Poverty level40.5%13.1%15.6%

Did you know?

  • The income per capita in Parachute is 51% lower than the national average.
  • The median household income in Parachute is 41% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Parachute is 58% higher than the national average.
  • The poverty level in Parachute is 160% higher than the national average.

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Compare Parachute, CO Employment To Other Cities

Employment status

Hours worked per week

Parachute median earnings by income bracket

Parachute employment by industry

Labour TypeMaleFemale
Construction industry23.3%2.6%
Manufacturing sector3.2%0.0%
Financial & insurance services2.1%0.0%
Wholesale & retail services13.4%23.6%
Public administration5.3%1.6%
Transportation, warehousing & utilities7.4%11.0%
Education, health & social services0.0%13.6%
Other45.2%47.6%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Battlement Mesa, CO4,540$64,94821%
Collbran, CO604$48,5949%
De Beque, CO377$43,43819%
Parachute, CO1,172$31,30241%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Coarsegold, CA1,172$30,21644%
Dunlap, IA1,172$44,25017%
Cedar Bluff, VA1,172$34,13036%
Whitley City, KY1,172$17,68367%
Lake View, IA1,172$46,45813%
Parachute, CO1,172$31,30241%
Source: The Parachute, CO employment data displayed above is derived from the United States Census Bureau.