Parker 83 Exceptional
Parker Livability #6 ranked city in Colorado#730 ranked city in the USARanks better than 97% of areas

Pros and Cons of Living in Parker

PROS
  • Amenities

    A wealth of amenities, such as restaurants, coffee shops, grocery stores, parks and fitness facilities, are all conveniently located within walking distance.

  • Commute

    An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Ratings

    Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.

CONS
  • Cost Of Living

    Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.

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What's it like Living in Parker?

Located in the state of Colorado, Parker is a mid-sized city with a population of 55,460 people. At 86%, the majority of the Parker population is White; this is followed by 5% Asian and 2% Black. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Parker is the right fit for you, your one way commute time will average 27 minutes, which is about average when compared to the national commute time of 26 minutes.

Without the right tools, moving to any new town can be very stressful and challenging. Living in Parker, Colorado could be a positive experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Parker and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, commute, health & safety, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Colorado and national averages.

Parker, CO receives 82/100 for its livability score; this results in a ranking of #9 in Colorado and #769 in the USA. Clearly, Parker is doing something right, as this score ranks well above the average of most cities. The cherry on top is that Parker also ranks in the top 10 percent of all cities. If we dig down a little deeper into each category within the livability score, we see that Parker has higher than average grades for the following: amenities (A+), crime (A-) and housing (A+). There are some categories that Parker scores poorly for, including: cost of living (F). It might be worth taking a closer look to determine why.

Living in Parker offers many benefits and offers an extensive array of local amenities. These amenities play a crucial role in enhancing the quality of life in this vibrant community. From readily accessible grocery stores to charming coffee shops, diverse dining options and generously spaced parks, Parker provides a wide spectrum of resources for its residents. This ensures that your daily requirements are effortlessly met and creates abundant opportunities for leisure and recreation. The abundant local offerings contribute to the area's overall appeal, making it an attractive destination for those seeking convenience, variety and a fulfilling lifestyle. If you're considering a move, the wealth of local amenities continues could be a defining feature of this remarkable locale.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Parker has an unemployment rate of 2.62% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Parker market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Assuming that Parker meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Parker. Everything else becomes a lot less important if it turns out that home prices in Parker are simply unattainable. The median home price for Parker homes is $446,100, which is 68.6% higher than the Colorado average. If we take a closer look at the affordability of homes in Parker, we’ll see that the home price to income ratio is 3.9, which is 7.1% lower than the Colorado average.

Best Places to Live in and Around Parker

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How Do You Rate The Livability In Parker?

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Compare Parker, CO Livability

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      Parker transportation information

      Statistic Parker Colorado National
      Average one way commute27min25min26min
      Workers who drive to work77.9%75.2%76.4%
      Workers who carpool5.8%9.3%9.3%
      Workers who take public transit1.1%3.1%5.1%
      Workers who bicycle0.2%1.3%0.6%
      Workers who walk1.5%3.0%2.8%
      Working from home12.8%7.0%4.6%
      Source: The Parker, CO data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).