Parker, Colorado Income Statistics
Parker Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
A+
Parker Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Parker | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $127,997 | $95,803 | $80,455 |
| Median Personal Income | $86,505 | $68,113 | $60,758 |
| Average Yearly Income Growth | 3.0% | 5.4% | 4.8% |
| Six-Figure Earners | 26.1% | 18.1% | 13.9% |
| $200k+ Households | 26.3% | 17.0% | 13.2% |
The median household income in Parker is about 34% higher than in Colorado. Income has been growing slower in Parker (3.0%/yr) than in Colorado (5.4%/yr).
About 26% of adults in Parker earn six figures ($100,000 or more) a year, higher than the Colorado average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Parker, Colorado grew by 50.2% from 2009 to 2024, reaching $127,997 in 2024. That's an average of about 3.0% per year.
Parker has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 67% in 2009 to 59% in 2024, the closest it has been.
Income Distribution in Parker
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 11,617 households (63.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 8.4% of households in Parker had an income under $35,000 and 41.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Parker has a larger share of households earning $200,000 or more (26.3% vs 13.2%) and a smaller share earning $35,000 to $49,999 (5.6% vs 10.1%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 404 | 2.2% | 5.1% |
| $10,000 to $14,999 | 67 | 0.4% | 3.5% |
| $15,000 to $24,999 | 473 | 2.6% | 6.4% |
| $25,000 to $34,999 | 584 | 3.2% | 6.7% |
| $35,000 to $49,999 | 1,017 | 5.6% | 10.1% |
| $50,000 to $74,999 | 2,161 | 11.8% | 15.5% |
| $75,000 to $99,999 | 1,972 | 10.8% | 12.6% |
| $100,000 to $149,999 | 3,988 | 21.8% | 17.4% |
| $150,000 to $199,999 | 2,824 | 15.4% | 9.5% |
| $200,000 or more | 4,805 | 26.3% | 13.2% |
Shares are of all 18,295 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 10,474 residents (26.1% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 29.1% of residents who have any income.
In 2024, 10.3% of Parker residents aged 15 and over reported no personal income, 21.3% had some income but less than $25,000, and 36.9% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Parker has a larger share of residents earning $100,000 or more (26.1% vs 13.9%) and a smaller share earning $15,000 to $24,999 (6.3% vs 10.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 4,128 | 10.3% | 12.8% |
| $1 to $9,999 | 3,967 | 9.9% | 11.2% |
| $10,000 to $14,999 | 2,072 | 5.2% | 7.0% |
| $15,000 to $24,999 | 2,514 | 6.3% | 10.5% |
| $25,000 to $34,999 | 2,479 | 6.2% | 9.5% |
| $35,000 to $49,999 | 4,307 | 10.7% | 12.6% |
| $50,000 to $74,999 | 5,875 | 14.6% | 14.3% |
| $75,000 to $99,999 | 4,340 | 10.8% | 8.2% |
| $100,000 or more | 10,474 | 26.1% | 13.9% |
Shares are of the 40,157 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 10.3% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Parker
| Metric | Parker | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.509 | 0.524 | 0.552 |
| Male Median Income | $103,442 | $78,863 | $69,667 |
| Female Median Income | $75,127 | $64,818 | $56,850 |
| Gender Pay Gap | 27.4% | 17.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Parker, it is 0.509, lower than Colorado's 0.524, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 38% more than women's income in Parker, Colorado. Over a 35-year career, a 38% wage gap accumulates to roughly $991,025 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Parker, Colorado has narrowed from about 33% to 27% in 2024. Over that period the gap was widest at 34% in 2021, and was narrowest at 26% in 2014. In dollar terms, the gap has widened by $4,688 since 2009.
Employment
| Metric | Parker | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 4.6% | 5.2% |
| Working from Home | 26.2% | 21.0% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 1,075 people are unemployed in Parker, Colorado.
The average commute time in Parker is 23 minutes, longer than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Parker, Colorado has fallen from 4.3% to 3.6% in 2024. Over that period the rate peaked at 5.7% in 2013 and fell as low as 3.1% in 2018.
Parker has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2023, at 1.4 points lower. The gap has narrowed from 4.3 points in 2011 to 1.6 points in 2024.
Conclusion
Considering all these factors, Parker, Colorado has an overall wealth index grade of A+, making it notably better than Colorado, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Parker, Colorado.
How Rich Is Parker, Colorado?
Parker has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $127,997, about 34% higher than the Colorado average of $95,803.
How has median household income changed in Parker, Colorado?
Between 2009 and 2024, the median household income in Parker, Colorado rose 50%, from $85,195 to $127,997. Over the same years, income here lagged behind Colorado as a whole: +50% against +70%.
What was the median household income in Parker in 2023?
In 2023, the median household income in Parker, Colorado was $124,376, up 3% from $120,635 in 2022. The Colorado median that year was $93,071.
What was the median household income in Parker in 2020?
In 2020, the median household income in Parker, Colorado was $107,403. By 2024 it had risen 19% to $127,997.
How many people earn six figures in Parker, Colorado?
Yes. 26% of adults in Parker, Colorado earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 6) in Colorado. 26% of households have a combined income of $200,000 or more, compared with 17% in Colorado.
What is the Gini coefficient in Parker, Colorado?
The Gini coefficient in Parker is 0.509. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Parker, Colorado?
Since 2009, the income gap between men and women in Parker, Colorado has narrowed from about 33% to 27% in 2024. Over that period the gap was widest at 34% in 2021, and was narrowest at 26% in 2014. In dollar terms, the gap has widened by $4,688 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →