Parker Demographics
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POPULATION AS OF 2023: 63,610
NUMBER OF HOUSEHOLDS: 22,625
23K
Housing Units
72.5%
Owner Occupied Housing Units
$122K
Median Household Income
35.2
Median Age
2023 POPULATION 25+ BY EDUCATIONAL ATTAINMENT
Total: 40,235
Economic Indicators
Town of Parker - 4th Quarter 2023
Commercial
| Parker | Southeast Metro | Douglas County | ||||
|---|---|---|---|---|---|---|
| 2023-Q4 | 2022-Q4 | 2023-Q3 | 2022 -Q3 | 2023-Q3 | 2022 -Q3 | |
| Total Existing Office Square Footage | 1,237,140 | 1,237,140 | 43,771,984 | 43,471,719 | 14,162,927 | 14,156,636 |
| Office Vacancy Rate | 11.00% | 11.10% | 18.50% | 18.40% | 15.00% | 17.10% |
| Office Rental Rate - median | $27.08 | $29.26 | $27.81 | $27.45 | $28.11 | $26.11 |
| Total Existing Retail Square Footage | 4,801,220 | 4,730,925 | 14,413,358 | 14,326,965 | 19,126,347 | 18,983,865 |
| Retail Vacancy Rate | 1.00% | 1.00% | 4.90% | 4.50% | 2.20% | 2.20% |
| Retail Rental Rate - median | $22.81 | $21.77 | $21.30 | $22.57 | $26.78 | $24.57 |
| Total Existing Industrial/Flex Sq Footage | 1,092,697 | 1,071,938 | 11,632,430 | 10,893,771 | 8,528,698 | 8,358,952 |
| Industrial/ Flex Vacancy Rate | 17.50% | 13.60% | 15.90% | 12.40% | 5.60% | 6.90% |
| Industrial/Flex Rental Rate - median | $12.76 | $14.38 | $11.06 | $10.79 | $14.06 | $13.35 |
Residential and Labor Force
| Parker | Southeast Metro | Douglas County | ||||
|---|---|---|---|---|---|---|
| 2023-Q4 | 2022-Q4 | 2023-Q4 | 2022-Q4 | 2023-Q3 | 2022-Q3 | |
| Median Home Price | $689,990 | $675,000 | $630,773 | $623,750 | $701,000 | $700,000 |
| Median Condo/Townhome Price | $465,750 | $464,990 | $421,360 | $417,887 | $496,950 | $500,000 |
| Labor Force | 34,783 | 34,782 | 1,361,418 | 1,359,055 | 207,685 | 207,407 |
| Unemployment Rate | 2.80% | 2.20% | 3.20% | 2.40% | 3.00% | 2.20% |
Multifamily
| Parker | Southeast Metro | Douglas County | ||||
|---|---|---|---|---|---|---|
| 2023-Q4 | 2022-Q4 | 2023-Q4 | 2022-Q4 | 2023-Q4 | 2022-Q4 | |
| Total Existing Multi Family Units | 6,138 | 6,048 | 22,377 | 21,702 | 26,055 | 23,747 |
| Multi Family Vacancy Rate | 5.90% | 10.20% | 7.80% | 6.20% | 12.60% | 10.10% |
| Average rent per unit | $1,866 | $1,840 | $2,021 | $1,991 | $1,997 | $1,952 |
Parker By the Numbers
2023 Civilian Population 16+ in Labor Force: 35,366
| Age | Employed | Unemployment rate |
|---|---|---|
| 16-24 | 14.29% | 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% |
2023 Employed Population 16+ by Industry: 34,537
| Industry | Population percentage |
|---|---|
| Agriculture/Mining | 0.60% |
| 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% |
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