Living in Parker, Colorado

Cost of living, income, home prices, rent and demographics of Parker · Census data 2020–2024

Parker has 61,783 residents with a median age of 36.2. The median household income is $133,369 (40% higher than the Colorado median), the median home value is $646,300, the median rent is $2,096/month.

Parker at a glance

Population
61,783
Median age
36.2State: 37.7
Median household income
$133,369State: $95,470
Median home value
$646,300State: $539,400
Median rent
$2,096/moState: $1,761
Homeowners
71.8%
Bachelor's degree or higher
56%
Average commute
26 min

Is Parker a good place to live?

Pros: Median household income 40% higher than the Colorado median; unemployment of 3%; a poverty rate of 4.4%.

Cons: Home values 20% higher than the state median; an average commute of 26 minutes.

The weather is best in May–June and August–September.

Cost of living in Parker

Housing is the biggest part of the cost of living. In Parker the median home value is $646,300, 94% higher than the U.S. median. Renters pay a median of $2,096 per month, which is 32.5% of household income. Homeowners with a mortgage pay $2,773 a month in housing costs.

Median home value

Parker$646,300
Colorado$539,400
United States$332,700

Median monthly rent

Parker$2,096
Colorado$1,761
United States$1,413

Parker median household income

The median household income in Parker is $133,369 and the income per person is $56,841. 4.4% of residents live below the poverty line (Colorado: 9.4%).

Median household income

Parker$133,369
Colorado$95,470
United States$80,734

Housing in Parker: homes for sale and rent

Housing units
22,397
Owner-occupied
71.8%
Renter-occupied
28.2%
Vacant
2.7%Includes seasonal homes
Median year built
2004
Average household size
2.82

Parker demographics

Population
61,783
Median age
36.2
Under 18
25.7%
65 and older
10.7%
Households
21,789
Foreign-born
10.7%
Veterans
5.9%Adults 18+

Race and ethnicity

White74.7%
Hispanic or Latino12.9%
Black1.9%
Asian7.6%

Hispanic or Latino can be of any race. Population history of Parker ›

Education in Parker

56% of adults 25 and older in Parker have a bachelor's degree or higher (Colorado: 45.7%), and 20.1% have a graduate or professional degree.

Bachelor's degree or higher

Parker56%
Colorado45.7%
United States35.7%

Jobs and commute in Parker

Unemployment rate
3%State: 4.6%
Average commute
26 minState: 25 min
Work from home
26.2%
Drive alone
65%
Public transit
0.6%
Walk to work
1%
Homes with broadband
98.3%

Parker vs nearby towns

TownPopulationMedian incomeHome valueRent
Parker61,783$133,369$646,300$2,096
Stonegate8,906$159,086$641,600$2,170
Stepping Stone3,137$223,839$785,700—
Sierra Ridge3,663$158,183$862,500$1,726
Meridian Village2,699$190,833$732,400$3,071
Grand View Estates567$180,625$901,000—
The Pinery11,871$194,446$791,100$2,910
Meridian5,634$89,877$581,100$1,992
Lone Tree14,147$123,741$874,100$2,139

More for people moving to Parker

Parker ZIP code ›Weather and climate ›

Living in Parker: FAQ

What is the median household income in Parker, CO?

The median household income in Parker is $133,369, 40% higher than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Parker?

The median home value in Parker is $646,300, compared with $539,400 in Colorado.

How much is rent in Parker?

The median gross rent in Parker is $2,096 per month, about 32.5% of household income.

Is Parker, CO a good place to live?

Pluses: median household income 40% higher than the Colorado median; unemployment of 3%; a poverty rate of 4.4%. Minuses: home values 20% higher than the state median; an average commute of 26 minutes.

What is the median age in Parker?

The median age in Parker is 36.2 years (Colorado: 37.7).

How long is the commute in Parker?

The average commute to work in Parker is 26 minutes; 26.2% of workers work from home.

What is the unemployment rate in Parker?

The unemployment rate in Parker is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Parker?

56% of adults in Parker have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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