Parchment is located in south Michigan. Parchment is part of Kalamazoo County. Parchment has 0.92 square miles of land area and 0.01 square miles of water area. As of 2010-2014, the total Parchment population is 1,867, which has shrunk 3.56% since 2000. The population growth rate is lower than the state average rate of -0.50% and is much lower than the national average rate of 11.61%. Parchment median household income is $37,169 in 2010-2014 and has has shrunk by 7.25% since 2000. The income growth rate is much lower than the state average rate of 9.90% and is much lower than the national average rate of 27.36%. Parchment median house value is $99,300 in 2010-2014 and has shrunk by -9.36% since 2000. The house value growth rate is much higher than the state average rate of 3.98% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Parchment is close to the state average in quality.