Parachute, CO Employment - Median Household Income, Unemployment Rate

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D-

39%

Income/capita NAT. AVG.

11%

Household income NAT. AVG.

123%

Unemployment NAT. AVG.

Index	Parachute	Colorado	National
Income per capita	$18,282	$33,230	$29,829
Median household income	$49,302	$62,520	$55,322
Median income owner occupied	$67,000	$79,776	$70,586
Median income renter occupied	$39,524	$39,538	$35,192
Median earnings male	$35,524	$40,003	$36,919
Median earnings female	$16,141	$27,854	$26,250
Unemployment rate	10.4%	4.0%	4.7%
Poverty level	20.6%	12.2%	15.1%

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Key findings

The income per capita in Parachute is 39% lower than the national average
The median household income in Parachute is 11% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Parachute is 123% higher than the national average
The poverty level in Parachute is 36% higher than the national average

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am i middle class

$32,864 $49,302 $98,604

City

$41,675 $62,520 $125,040

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Parachute median earnings by income bracket

Parachute employment by industry

Labour Type	Male	Female
Construction industry	26.3%	26.3%
Manufacturing sector	11.1%	11.1%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	11.1%	11.1%
Public administration	2.8%	2.8%
Transportation, warehousing & utilities	11.1%	11.1%
Education, health & social services	5.4%	5.4%
Other	32.1%	32.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Battlement Mesa, CO	4,870	$65,435	18.3%
De Beque, CO	500	$64,375	16.4%
Collbran, CO	601	$38,125	31.1%
Parachute, CO	1,839	$49,302	10.9%

Cities with similar population

City	Population	Household Income	National Avg.
State Center, IA	1,839	$61,741	11.6%
Potton, QC	1,839	n/a
Linden, AL	1,838	$33,542	39.4%
Poplar-Cotton Center, CA	1,840	$31,533	43.0%
Tillson, NY	1,838	$93,750	69.5%
Parachute, CO	1,839	$49,302	10.9%

Source: The Parachute, CO employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).