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
| Parachute | Garfield County | Colorado | United States | |
|---|---|---|---|---|
| Renter-occupied share | 49.3% (±15.1 points) | 30.4% (±2.3 points) | 33.8% (±0.3 points) | 34.8% |
| Renting households | 255 (±107) | 7,112 (±563) | 802,483 (±6,593) | 45,017,354 |
| Owning households | 262 (±123) | 16,292 (±577) | 1,571,735 (±8,198) | 84,210,142 |
| Average renter household size | 2.9 (±0.6) | 2.4 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 48.6% (±9.3 points) | 49.3% (±15.1 points) | +0.7 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Parachute | — | 49.3% (±15.1 points) | — |
| Battlement Mesa | 2.6 mi | 29.8% (±9.3 points) | Lower |
| De Beque | 12 mi | 22.5% (±12.6 points) | Lower |
| Collbran | 15 mi | 14.3% (±13.5 points) | Lower |
| Rifle | 16 mi | 33.6% (±6.4 points) | Not measurably different |
| Silt | 22 mi | 26.2% (±9.9 points) | Lower |
| Palisade | 29 mi | 33.4% (±11.1 points) | Not measurably different |
| New Castle | 29 mi | 26.9% (±9.6 points) | Lower |
| Fruitvale | 33 mi | 7.4% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Parachute | 49.3% (±15.1 points) |
| 2 | Glenwood Springs | 45.3% (±5.8 points) |
| 3 | Carbondale | 36.3% (±6.6 points) |
| 4 | Rifle | 33.6% (±6.4 points) |
| 5 | Battlement Mesa | 29.8% (±9.3 points) |
| 6 | New Castle | 26.9% (±9.6 points) |
| 7 | Silt | 26.2% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Parachute town, Colorado
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Parachute town, Colorado
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Parachute town, Colorado
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Parachute town, Colorado
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Parachute town, Colorado
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
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- Median rent in Parachute
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- Rent burden in Parachute
- Income and affordability in Parachute
- Home values in Parachute
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- Heating fuel in Parachute
- Commute and cars in Parachute
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- Population growth in Parachute
- How long people stay in Parachute
- Colorado landlord and tenant rules
- Housing across Garfield County
- Colorado places ranked by share of renters
- Housing data for every place in Colorado