What percentage of people rent in Parachute, CO?

49.3% (±15.1 points) of the occupied homes in Parachute, CO are rented (2020–2024 American Community Survey).

That is 255 renting households against 262 that own their home.

In Parachute, the share of households that rent went from 48.6% in 2015–2019 to 49.3% in 2020–2024 (+0.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
49.3% (±15.1 points)
Renting households
255 (±107)

Who rents and who owns in Parachute

Tenure, estimate (90% margin of error)
ParachuteGarfield CountyColoradoUnited States
Renter-occupied share49.3% (±15.1 points)30.4% (±2.3 points)33.8% (±0.3 points)34.8%
Renting households255 (±107)7,112 (±563)802,483 (±6,593)45,017,354
Owning households262 (±123)16,292 (±577)1,571,735 (±8,198)84,210,142
Average renter household size2.9 (±0.6)2.4 (±0.1)2.2 (±0.0)2.3
Average owner household size2.5 (±0.9)2.7 (±0.1)2.6 (±0.0)2.6
Median renter household income—$68,663 (±$5,259)$63,537 (±$555)$52,966
Median owner household income$98,750 (±$50,146)$105,504 (±$5,471)$117,732 (±$838)$100,009

In Parachute, the renter share is higher than in Garfield County (30.4%).

It is also higher than in Colorado (33.8%).

It is not measurably different from the national figure (34.8%).

In Garfield County, Parachute ranks 1 of 7 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 35 of 339.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Parachute has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent48.6% (±9.3 points)49.3% (±15.1 points)+0.7 percentage pointsNot a measurable change
Median gross rent$900 (±$128)$1,073 (±$156)+19.2%No measurable change after inflation
Median household income$52,500 (±$16,106)$58,778 (±$16,117)+12.0%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Parachute

Nearest places with a published estimate, compared with Parachute
PlaceDistanceHouseholds that rentCompared with this place
Parachute—49.3% (±15.1 points)—
Battlement Mesa2.6 mi29.8% (±9.3 points)Lower
De Beque12 mi22.5% (±12.6 points)Lower
Collbran15 mi14.3% (±13.5 points)Lower
Rifle16 mi33.6% (±6.4 points)Not measurably different
Silt22 mi26.2% (±9.9 points)Lower
Palisade29 mi33.4% (±11.1 points)Not measurably different
New Castle29 mi26.9% (±9.6 points)Lower
Fruitvale33 mi7.4% (±3.2 points)Lower

Nearby places with a measurably lower figure: Battlement Mesa, CO (29.8%), De Beque, CO (22.5%), Collbran, CO (14.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Garfield County, place by place

RankPlaceHouseholds that rent
1Parachute49.3% (±15.1 points)
2Glenwood Springs45.3% (±5.8 points)
3Carbondale36.3% (±6.6 points)
4Rifle33.6% (±6.4 points)
5Battlement Mesa29.8% (±9.3 points)
6New Castle26.9% (±9.6 points)
7Silt26.2% (±9.9 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Parachute

How many renters are there in Parachute?

Parachute has an estimated 255 (±107) renting households, 49.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Parachute?

In Parachute, the share of households that rent went from 48.6% in 2015–2019 to 49.3% in 2020–2024 (+0.7 percentage points), not a measurable change.

How big are renting households in Parachute?

A renting household in Parachute has 2.9 people on average, against 2.5 in an owned home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Parachute town, Colorado (place:57400, in state:08).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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