2025 Compare Cities Economy:
Parachute, CO vs New Castle, CO

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Highlights
- Household income in New Castle, is 55% more than it is in Parachute and is 14% above the National Average.
- Parachute unemployment rate is 6.0%.
- New Castle unemployment rate is 6.0%.
 Parachute, CONew Castle, COUnited States
 Unemployment Rate  Unlock6.0%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth40.5%  Unlock33.5%
 Sales Taxes3.9%  Unlock6.2%
 Income Taxes  Unlock4.6%4.6%
 Income per Cap.$20,332  Unlock$37,638
 Household Income  Unlock$79,849$69,021
 Family Median Income$52,348  Unlock$85,028
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 Est. Households By Income
 Parachute, CONew Castle, COUnited States
 Income Less Than 15K  Unlock0.9%9.4%
 Income between 15K and 20K4.5%  Unlock3.8%
 Income between 20K and 30K  Unlock1.9%8.1%
 Income between 30K and 40K10.4%  Unlock8.0%
 Income between 40K and 50K  Unlock6.1%7.6%
 Income between 50K and 60K13.9%  Unlock7.2%
 Income between 60K and 75K  Unlock16.1%9.6%
 Income between 75K and 100K22.0%  Unlock12.8%
 Income between 100K and 150K  Unlock21.8%16.3%
 Income between 150K and 200K2.3%  Unlock7.8%
 Income greater than 200K  Unlock11.1%9.5%
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 Population By Occupation
 Parachute, CONew Castle, COUnited States
 Management, business, finance3.5%  Unlock16.4%
 Engineering, computers, science  Unlock5.9%6.5%
 Community, social services0.0%  Unlock1.8%
 Legal  Unlock1.9%1.2%
 Education, library5.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.4%2.0%
 Healthcare practitioners and technology0.0%  Unlock6.2%
 Healthcare support  Unlock0.3%3.3%
 Firefighters, law enforcement2.6%  Unlock2.1%
 Food preparation, serving  Unlock1.8%5.4%
 Building maintenance7.8%  Unlock3.6%
 Personal care  Unlock12.2%2.6%
 Sales, office, administrative support19.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock2.5%0.6%
 Construction, extraction, maintenance/repair19.3%  Unlock8.1%
 Production, transportation, material moving  Unlock10.6%13.1%
Reviews for Parachute    2 Reviews

Over 10 years ago

The water rating is wrong. This water is not drinkable. I will not give it to my dog. I hate to think what it's doing to my skin and  More

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In my opinion, the Parachute area is not that great. There is nothing to do anywhere near here. I moved out here thinking I could just drive to Denver now and then to  More

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Reviews for New Castle    3 Reviews

Over 11 years ago

Small town  More

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Over 12 years ago

Been here about 1 1/2 years. Climate is great, lots of snow in winter, mild summers but still hits triple digits though:/ Work is hard to come by unless you are in the  More

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New Castle is a small town outside of Glenwood Springs. We have beautiful weather, gorgeous mountains but it is very expensive to live here... I think the cost of  More

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