New Castle vs Parachute

A side-by-side comparison of New Castle and Parachute: population, income, housing, and more.

New Castle and Parachute are places in Colorado. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

New Castle has the higher population (4,878 vs 1,513 in Parachute). New Castle has the higher median household income ($88,421 vs $58,910 in Parachute). New Castle has the higher median home value ($488,600 vs $269,500 in Parachute).

Population, income & housing

	New Castle	Parachute
Population	4,878	1,513
Median age	37.4 yrs	26.8 yrs
Median household income	$88,421	$58,910
Median home value	$488,600	$269,500
Median gross rent	$1,627	$1,050
Housing units	1,901	561
Homeownership rate	70.8%	51.7%
Bachelor's degree or higher	36.4%	9.4%
Unemployment rate	1.3%	15.1%

Trends (ACS 5-year, 2019–2023)

	New Castle	Parachute
Population	4,875 → 4,878 (+0.1%)	1,312 → 1,513 (+15.3%)
Median household income	$91,659 → $88,421 (-3.5%)	$52,500 → $58,910 (+12.2%)
Median home value	$367,300 → $488,600 (+33.0%)	$171,100 → $269,500 (+57.5%)
Median gross rent	$1,480 → $1,627 (+9.9%)	$900 → $1,050 (+16.7%)

New Castle

Population

4,8754,878

Median household income

$91,659$88,421

Median home value

$367,300$488,600

Median gross rent

$1,480$1,627

Parachute

Population

1,3121,513

Median household income

$52,500$58,910

Median home value

$171,100$269,500

Median gross rent

$900$1,050

Age & race/ethnicity

Age distribution (share)

	New Castle	Parachute
Under 5	10.0%	8.0%
5 to 17	18.2%	23.1%
18 to 24	7.1%	16.7%
25 to 34	12.8%	10.6%
35 to 44	11.3%	14.7%
45 to 54	17.0%	7.7%
55 to 64	7.1%	7.4%
65 to 74	8.5%	9.5%
75 and over	8.0%	2.4%

Race & ethnicity (share)

	New Castle	Parachute
White (non-Hispanic)	65.2%	75.1%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	1.3%
Asian	1.0%	0.9%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.2%
Two or more races	4.7%	1.7%
Hispanic or Latino	29.1%	20.9%

Educational attainment (age 25+)

Share of adults 25+

	New Castle	Parachute
No high school diploma	5.1%	6.1%
High school graduate	29.8%	40.5%
Some college or associate's	28.7%	44.1%
Bachelor's degree	25.4%	9.0%
Graduate or professional degree	11.1%	0.4%

Commute to work

How workers get to work (share)

	New Castle	Parachute
Drove alone	74.2%	63.4%
Carpooled	5.1%	19.8%
Public transit	2.8%	0.5%
Walked	0.0%	3.6%
Bicycle	0.0%	0.0%
Worked from home	18.0%	12.7%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	New Castle	Parachute
1-unit, detached	74.2%	35.7%
1-unit, attached	7.8%	10.9%
2 to 4 units	2.4%	13.9%
5 to 19 units	13.0%	18.0%
20 or more units	2.1%	8.2%
Mobile home & other	0.5%	13.4%

Poverty & households

	New Castle	Parachute
Poverty rate	6.5%	18.0%
Average household size	2.61	2.82
Mean commute (minutes)	32	34
Median year structure built	2002	1989