D

Parachute, CO

Source:

Affordability Score: 47/100

Population: 5,957 · 1 ZIP codes

The affordability dashboard for Parachute, CO aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 5,957 residents, then layers in county-level federal data to produce an overall grade of D (47/100). The headline inputs are median household income of $73,278, median home value of $311,200, median rent of $1,108 per month, and 26.4% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,605 per month (studio $1,215, 1BR $1,223, 3BR $2,232, 4BR $2,391). Department of Labor data lists infant center-based childcare at $15,462 per year, consuming 21% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are housing, childcare. Unemployment currently reads 7.5% and poverty 13.7% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C+
$73,278
Median household income
Education D
26.4%
Bachelor's degree or higher
Housing F
4.2x
Home value $311,200 vs income
Commute N/A
N/A
Average commute time
Rent C+
$1,605/mo
2BR fair market rent (26% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare F
$15,462/yr
Center-based infant care (21% of income)

Income & Employment

Median Income
$73,278
▲ 18% vs national
Per Capita Income
$34,106
Unemployment Rate
7.5%
Poverty Rate
13.7%

Housing

Median Home Value
$311,200
▲ 13% vs national
Median Rent
$1,108/mo
Owner Occupied
67.6%
2BR Fair Market Rent
$1,605/mo
▲ 34% vs national

Fair Market Rents by Bedroom

Studio
$1,215
1BR
$1,223
2BR
$1,605
3BR
$2,232
4BR
$2,391

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
26.4%
▼ 4 ppt vs national
High School+
52.1%
Median Age
33.4
Avg. Commute

Childcare Costs

Infant (Center)
$15,462/yr
21% of income
Toddler (Center)
$13,161/yr
Preschool (Center)
$14,102/yr
School-Age (Center)
$8,676/yr

What This Means

Parachute, CO receives an overall affordability grade of D (47/100), aggregated from 1 ZIP codes with a total population of 5,957. Challenges include housing and childcare. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Parachute, CO affordable?
Parachute, CO receives an overall affordability grade of D (47/100) based on Census, HUD, FBI, and DOL data. Median household income is $73,278. Median home value is $311,200.
What is the cost of living in Parachute?
Key cost metrics: Median rent $1,108/mo. 2BR fair market rent $1,605/mo. Infant childcare $15,462/yr. Median home value $311,200.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →