Parker, CO Local Data & Statistics

State: CO

Total population: 61,783 Household income: $133,369 Rent: $2,096

Overview

Total population

61,783

Rent

$2,096

Year built

2004

Household income

$133,369

Per capita income

$56,841

Poverty rate

4.4%

Unemployment rate

4.1%

Household size

2.8 persons

Rent over 30% of income

56.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

Colorado

Total population

61,783

Adults over 25

39,844

Total households

21,789

Household size

2.8 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Income & Poverty

Household income

$133,369

Per capita income

$56,841

Poverty rate

4.4%

Unemployment rate

4.1%

Rent over 30% of income

56.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Housing

Rent

$2,096

Year built

2004

Households that rent

28.2%

Households that own

71.8%

Rooms per home (all homes)

6.6

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Race

White

74.7%

Black

1.9%

Asian

7.6%

Two or more races

12.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Ethnicity

Hispanic or Latino

12.9%

Not Hispanic or Latino

87.1%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Commute

Commute rate

73.8%

Commute time to work

26 mins

Work from home

26.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Education

Less than high school

22.5%

High school graduate or GED

13.3%

Some college or associate degree

8.2%

Bachelor’s degree or higher

56%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Comparison of Parker, CO with: Colorado United States

Parker, CO

Total population61,783

Rent$2,096

Year built2004

Household income$133,369

Per capita income$56,841

Poverty rate4.4%

Unemployment rate4.1%

Colorado State

Total population5,862,189

Rent$1,761

Year built1988

Household income$95,470

Per capita income$52,636

Poverty rate9.4%

Unemployment rate4.3%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	TownParker, CO	StateColorado	CountryUnited States
Total population	61,783	5,862,189	334,922,499
Rent	$2,096	$1,761	$1,413
Year built	2004	1988	1980
Household income	$133,369	$95,470	$80,734
Per capita income	$56,841	$52,636	$44,673
Poverty rate	4.4%	9.4%	12.5%
Unemployment rate	4.1%	4.3%	4%

View the complete comparison of Parker, CO, Colorado and United States →

Summary for Parker, CO

Parker is located in Colorado.

Rent & Income

In Parker, the typical monthly rent is $2,096 and the typical household income is $133,369. Rent here is higher than in both Colorado and the U.S., and household income is also higher than in both. The estimated poverty rate is 4.4%, which is lower than in both Colorado and national.

Housing & Affordability

This area is primarily owner-occupied, with renters accounting for about 28.2% of households. About 56.6% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is very high, with about 56% of adults holding a bachelor’s degree or higher. The local unemployment rate is 4.1%, which is similar to both Colorado and the national rate.

Parker, CO — Rent vs Household Income

Parker, CO — Poverty vs Unemployment

How Parker, CO compares in Colorado (19 places)

Metric	This place	Rank	Starts from	Statewide range
Rent	$2,096	17 / 19	from lower rent	$1,082 – $2,148
Household income	$133,369	2 / 19	from higher income	$56,664 – $145,197
Poverty rate	4.4%	3 / 19	from lower poverty	3.3% – 21.5%
Unemployment rate	4.1%	2 / 19	from lower unemployment	3.9% – 6.6%

Rankings are calculated among cities and communities in Colorado with total population > 50,000 (year 2024).

Detailed Ranking Explanation for Parker, CO

Rent

For typical rent levels, Parker is ranked 17th out of 19 major areas in Colorado. Statewide values span from $1,082 in Pueblo, CO to $2,148 in Centennial, CO.

Household income

Looking at household income, Parker places 2nd out of 19 significant areas. Incomes across Colorado range between $56,664 in Pueblo, CO and $145,197 in Castle Rock, CO.

Poverty rate

Poverty levels put Parker in 3rd place among 19 significant areas. Across Colorado, poverty ranges between 3.3% and 21.5%.

Unemployment rate

In terms of unemployment, Parker is ranked 2nd out of 19 major areas. Across Colorado, rates go from 3.9% in Fort Collins, CO up to 6.6% in Pueblo, CO.

💰 Rent in Parker, CO (with Utilities)

Estimated Monthly Rent: $2,096 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in Parker, CO

Annual Household Income: $133,369

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in Parker, CO

Estimated Rate: 4.4%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in Parker, CO

In Parker, CO, households that rent: 6,147 (28.2%)

📊 What does the renter household percentage reveal about this area?

Household Type	Count	Share
Renter-Occupied	6,147	28.2%
Owner-Occupied	15,642	71.8%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in Parker, CO

In Parker, CO, cost-burdened renters (households spending over 30% of income on housing): 3,482 (56.6%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	3,482	56.6%
Other renter households	2,665	43.4%
Total renter households	6,147	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in Parker, CO

Less than High School: 8,951 people (22.5%)

Includes adults who did not complete high school.

High School Graduate or GED: 5,300 people (13.3%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 3,284 people (8.2%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 22,309 people (56%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 39,844

📊 Unemployment Rate in Parker, CO

Estimated Rate: 4.1%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.

Similar Population

Marietta, GA61,773 Richland, WA61,912 Pontiac, MI61,914 Springfield, OR61,642 St. Cloud, FL61,963 Encinitas, CA61,585 Wellington, FL61,497 Dearborn Heights, MI62,099 Montebello, CA61,376 La Habra, CA62,233

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.