Median Age
33 Years
Largest Age Group
25-34 Years
Approximately 16% of Residents
Under 20
30%
Over 65
13%
Area Guide
Avg Rent
$1,088
Population
1,735
Renter Mix
53% Rent
The town of Parachute is named after Parachute Creek, which flows through town and empties into the better-recognized Colorado River. Legend says that a land surveyor in 1879 noted that the river patterns of Roan Plateau resembled lines of a parachute, giving this northwest town its name. Activities include fishing, rafting, and horseback riding. Not far from the modest restaurants and I-70 is a golf course. In addition, the Book Cliffs - a desert mountain range made up of sandstone - surround Parachute.
Median Household Income
$57,417
Average: $62,934
Education
280
Residents Have a Degree
Job Market
785
Workers Employed
Median Age
33 Years
Largest Age Group
25-34 Years
Approximately 16% of Residents
Under 20
30%
Over 65
13%
Housing Distribution
Parachute has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in Parachute, CO is $1,088 for one bedroom, $1,278 for two bedrooms, and $1,490 for three bedrooms. Apartment rent in Parachute has increased by 4.9% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Parachute, CO is for everyday living.
Somewhat Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Bea Underwood Elementary School
Public
Grades K-5
369 Students
Grand Valley Center For Family Learning
Public
Grades PK-5
221 Students
Public
Grades 6-8
241 Students
Public
Grades 9-12
317 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.