Not long ago, Parker, Colorado, was considered off the beaten path but has now blossomed into one of Denver’s finest suburbs. Parker is now the second most populated town in Douglas County, behind Castle Rock. New construction and an updated main street downtown are luring home buyers from all over Colorado and out-of-state.
The addition of shopping options, new-construction neighborhoods (single-family and condos), and a large variety of local activities, including farmer’s markets and Parker Days, has transformed a tiny suburb into one of the most popular areas for families looking to live and play outside of Denver.
Parker real estate is booming. That’s why working with experienced and knowledgeable realtors is more important than ever. Knowing how to manage the process for buyers to get their offer accepted and working with sellers to get the most money for their investment is what The Storck Team does on a daily basis in Parker.
- Founding: Parker, CO, was founded on May 22, 1864.
- Incorporation: Parker, Colorado, was incorporated as a town on May 22, 1981.
- Location: Parker, CO, is located in Douglas County, Colorado, United States. It is situated in the southeastern part of the Denver metropolitan area, about 20 miles from Denver proper.
- Elevation: The elevation of Parker, CO, is approximately 5,876 feet (1,791 meters) above sea level.
- Size and Population: As of July 2023, the town of Parker, Colorado, has a land area of approximately 22.3 square miles (57.7 square kilometers) and an estimated population of around 64,073 people.
- Median Age: 35.3 years old
- Percentage of Homeowners: 74.9% (2021)
- Median Home Price: $650,394/$275 sf (July 2023)
- Median Household Income: $120,075 (2021)
- School District: Students who live in Parker fall within the boundaries of Douglas County School District RE 1.
- Driving Distance Denver Tech Center: ~14 mi
- Driving Distance Downtown Denver: ~25 mi
- Demographics: View Parker Demographics.
- Community Profile: View Community Profile.
Town of Parker – Official Website
Other Parker Communities To Consider
More about Living in Parker, CO
Parker is a mix of young singles, families, and seniors. However, many new residents are young married families with children which makes single-family housing the most popular. You can’t miss that Parker’s households earn well over six figures which is necessary for the town’s cost of living and housing expenses. The salaries make it easier to attract commercial businesses because Parker residents are working and spending money in their own backyard.
Parker Real Estate Trends
The main trend in Parker is one word – growth. Because Parker is full of young families, single-family residences are the hottest commodity. Real estate buyers in Parker are looking for a property close to amenities, close to outdoor recreation, and close to avenues for travel and commuting.
Parker Cost of Living
Parker mirrors several other Denver suburbs with a high cost of living index rating of 142.2 by Sperling’s Best Places, compared to the national average of 100. Transportation and miscellaneous expenses account for the high cost of living but the real killer is housing at 207.4 (100 national average.) Parker’s higher-than-average household income helps absorb higher costs – but it’s a tough place to afford a home. Again, working with an experienced and knowledgeable realtor makes a huge difference whether you are buying or selling.
Parker is a great place to get an education. According to The Best Schools, the Parker area averages an 8 out of 10 across all levels. Best School’s rankings are determined by a mixture of data, including graduation rates, teacher-to-student ratio, admission, enrollment rates, and much more. Parker also hosts several private school options for different tastes and education mindsets.
Where Does Parker Hang Out?
Parker is a very livable and active suburb. There are plenty of outdoor parks and recreation areas, miles of hiking and biking trails, restaurants, and multiple shopping centers where residents can buy groceries and take care of any errand imaginable.
Downtown Parker has also seen growth with several revitalized storefronts and locally owned shops, from florists to crafts, to appeal to everyone’s tastes. The popular Parker Recreation Center provides basketball courts, swimming pools, weight rooms, trainer-led classes, and much more. Parker offers a variety of late-night activities, multiple breweries, a few pubs, and a wide variety of music venues.
Once a year, Parker throws a huge 3-day concert and fair known as Parker Days. You can catch touring and local acts, ride rides, check out local vendors, and indulge in some delicious fair food. And between Thanksgiving and New Year’s, the town has a multitude of activities, including the Mayor’s Holiday Lighting, Holiday Carriage Rides, and the Hometown Holiday Experience.