DATA & COSTS
PARKER DEMOGRAPHICS
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POPULATION AS OF 2024: 61,289
NUMBER OF HOUSEHOLDS: 22,228
23K
Housing Units
76.1%
Owner Occupied Housing Units
$141K
Median Household Income
36
Median Age
2024 POPULATION 25+
BY EDUCATIONAL ATTAINMENT: 40,235
3.5%
No Diploma
12.8%
High School Graduate or GED
18.8%
Some College
8.5%
Associate Degree
36.7%
Bachelor’s Degree
19.5%
Graduate Degree or More
ECONOMIC INDICATORS
Town of Parker - 3rd Quarter 2024
COMMERCIAL
| Space Type | Parker | Parker | Southeast Metro | Southeast Metro | Douglas County | Douglas County |
|---|---|---|---|---|---|---|
| 2024 - Q3 | 2023 - Q3 | 2024 - Q3 | 2023 - Q3 | 2024 - Q3 | 2023 - Q3 | |
| Total Existing Office Square Footage | 1,269,901 | 1,269,901 | 44,169,599 | 44,169,599 | 14,174,877 | 14,174,877 |
| Office Vacancy Rate | 9.00% | 10.60% | 19.60% | 18.20% | 16.80% | 15.10% |
| Office Rental Rate - median | $23.18 | $22.99 | $27.72 | $27.81 | $27.36 | $28.11 |
| Total Existing Retail Square Footage | 4,746,877 | 4,722,238 | 15,354,628 | 15,354,628 | 18,929,537 | 18,844,950 |
| Retail Vacancy Rate | 1.80% | 0.70% | 4.60% | 4.50% | 2.10% | 2.20% |
| Retail Rental Rate - median | $27.43 | $23.38 | $23.95 | $21.41 | $28.66 | $27.03 |
| Total Existing Industrial/Flex Sq Footage | 1,362,869 | 1,347,420 | 20,239,780 | 19,710,643 | 11,452,736 | 11,260,793 |
| Industrial/ Flex Vacancy Rate | 16.20% | 15.80% | 9.30% | 11.50% | 4.30% | 5.10% |
| Industrial/Flex Rental Rate - median | $16.53 | $16.66 | $12.51 | $12.26 | $15.97 | $14.88 |
RESIDENTIAL AND LABOR FORCE
| Space Type | Parker | Parker | Southeast Metro | Southeast Metro | Douglas County | Douglas County |
|---|---|---|---|---|---|---|
| 2024 - Q3 | 2023 - Q3 | 2024 - Q3 | 2023 - Q3 | 2024 - Q3 | 2023 - Q3 | |
| Median Home Price | $718,870.00 | $700,000.00 | $651,125.00 | $667,150.00 | $725,000.00 | $719,900.00 |
| Median Condo/Townhome Price | $406,995.00 | $510,000.00 | $412,788.00 | $431,374.00 | $480,000.00 | $512,495.00 |
| Labor Force | 35,542 | 35,491 | 1,382,910 | 1,383,206 | 211,733 | 211,551 |
| Unemployment Rate | 4.10% | 3.00% | 4.10% | 3.10% | 4.00% | 2.90% |
MULTIFAMILY
| House Type | Parker | Parker | Southeast Metro | Southeast Metro | Douglas County | Douglas County |
|---|---|---|---|---|---|---|
| 2024 - Q3 | 2023 - Q3 | 2024 - Q3 | 2023 - Q3 | 2024 - Q3 | 2023 - Q3 | |
| Total Existing Multi Family Units | 6,608 | 6,138 | 24,117 | 22,455 | 26,614 | 24,624 |
| Multi Family Vacancy Rate | 6.20% | 6.90% | 10.40% | 7.00% | 9.70% | 10.20% |
| Average rent per unit | $1,939.00 | $1,945.00 | $2,119.00 | $2,105.00 | $2,061.00 | $2,057.00 |
Sources - Costar, US Bureau of Labor Statistics, Denver Metro Association of Realtors
Past Economic Indicators Reports:
Please email us if you need an ADA Accessible version of any of these reports.
Q1 2024 (PDF) | Q2 2024 (PDF) | Q3 2024 (PDF)
Q1 2023 (PDF) | Q2 2023 (PDF) | Q3 2023 (PDF) | Q4 2023 (PDF)
PARKER BY THE NUMBERS
2023 Civilian Population 16+ in Labor Force: 34,537
| Age | Employed | Unemployment rate |
|---|---|---|
| 16-24 | 14.30% | 2.60% |
| 25-54 | 69.50% | 2.20% |
| 55-64 | 13.00% | 3.00% |
| 65+ | 3.10% | 0.50% |
| Total 16+ Population | 97.70% | 2.30% |
| INDUSTRY | POPULATION PERCENTAGE |
|---|---|
| Agriculture/Mining | 60.00% |
| Construction | 6.60% |
| Manufacturing | 4.80% |
| Wholesale Trade | 2.20% |
| Retail Trade | 10.90% |
| Transportation/Utilities | 5.80% |
| Information | 4.90% |
| Finance/Insurance/Real Estate | 11.20% |
| Services | 47.90% |
| Public Administration | 5.20% |
2023 Employed Population 16+ by Occupation: 34,537
| OCCUPATION | POPULATION PERCENTAGE |
|---|---|
| White Collar | 76.00% |
| Management/Business/Financial | 25.90% |
| Professional | 28.50% |
| Sales | 10.40% |
| Administrative Support | 11.20% |
| Services | 12.10% |
| Blue Collar | 11.90% |
| Farming/Forestry/Fishing | 0.30% |
| Construction/Extraction | 2.80% |
| Installation/Maintenance/Repair | 1.90% |
| Production | 1.60% |
| Transportation/Material Moving | 5.30% |
PDF Reports
2023 Consumer Spending (PDF)