Pros and Cons of Living In Parker, Colorado. Is Parker, CO a Nice Place To Live or Retire?

Parker, Colorado

Moving to Parker In Colorado ? Is Parker, CO a Nice Place To Live? Pros and Cons of Living in Parker, Colorado. Find out the best and worst about to live, raise a family or retire in Parker.

Parker is a home rule municipality in Douglas County, Colorado, United States. As a self-declared "town" under the home rule statutes, Parker is the second most populous town in the county; Castle Rock is the most populous (the community of Highlands Ranch, with a population of over 100,000, is an unincorporated CDP). In recent years, Parker has become a commuter town at the southeasternmost corner of the Denver metropolitan area. The population was 58,512 at the 2020 census. Parker is now the 19th most populous municipality in the state of Colorado.

DEMOGRAPHICS

Population
55460
Unemployment
3.5%
26% NAT AVG.
Poverty
3.5%
75% NAT AVG.
Cost Of Living
123
23% NAT AVG.

ECONOMICS

Median Home Cost
$446100
94% NAT AVG.
Median Income
$114802
70% NAT AVG.
Median Rent
$1676
44% NAT AVG.
Overall Score
9.5

CRIME REPORT

Total Crime
948
32% NAT. AVG.
51% STATE AVG.
Violent Crime
73
68% NAT. AVG.
71% STATE AVG.
Property Crime
875
25% NAT. AVG.
48% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 29
Unemployed People
1 in 29
People Earning < $10,000
1 in 45
People Earning < $50,000
16.2%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Parker USA
White 78.5% 60.1%
African American 1.4% 12.2%
American Indian 0.3% 0.6%
Asian 5% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.4% 2.8%
Hispanic 11.7% 18.2%
Other 0.6% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Parker USA
Less than $10,000 2.2% 5.8%
$10,000 to $14,999 1.8% 4.1%
$15,000 to $24,999 2.3% 8.5%
$25,000 to $34,999 4.1% 8.6%
$35,000 to $49,999 5.8% 12.0%
$50,000 to $74,999 13.1% 17.2%
$75,000 to $99,999 13.8% 12.8%
$100,000 to $149,999 23.8% 15.6%
$150,000 to $199,999 16% 7.1%

EDUCATION

Education Parker USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 14% 27.0%
Other College 21% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 34% 20.0%
Master's Degree 15% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Parker is a city in Colorado state in USA with a population of 55460 residents.. The poverty rate of Parker is 3.5%, which is 75% lower than national average. The typical household in Parker earns $114802 a year, compared to the national median of $67,500. Nearly 16.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Parker remained 3.5%, which is 26% lower than national rate.

Cost of living in Parker is 123, which is 23% higher than national average. In Parker, only 52% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Parker is $446100 , which is 94% higher than national average. While median income in Parker remained $114802, which is 70% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Parker Scorecard

Jobs90%

Housing90%

Affordability70%

Safety80%

Amenities90%

Diversity80%

Education90%

THANKS FOR READING

Read this story and other stories in details on our Website.