Living in Parma, Idaho
Cost of living, income, home prices, rent and demographics of Parma · Census data 2020–2024
Parma has 1,928 residents with a median age of 35.9. The median household income is $49,231 (37% lower than the Idaho median), the median home value is $274,300, the median rent is $980/month.
Parma at a glance
- Population
- 1,928
- Median age
- 35.9State: 37.3
- Median household income
- $49,231State: $77,800
- Median home value
- $274,300State: $418,600
- Median rent
- $980/moState: $1,238
- Homeowners
- 65.6%
- Bachelor's degree or higher
- 13.3%
- Average commute
- 21 min
Is Parma a good place to live?
Pros: Home values 34% lower than the state median; an average commute of 21 minutes; unemployment of 3.6%.
Cons: Median household income 37% lower than the Idaho median; a poverty rate of 21.3%.
The weather is best in May–June and September–October.
Cost of living in Parma
Housing is the biggest part of the cost of living. In Parma the median home value is $274,300, 18% lower than the U.S. median. Renters pay a median of $980 per month, which is 24.8% of household income. Homeowners with a mortgage pay $1,346 a month in housing costs.
Parma median household income
The median household income in Parma is $49,231 and the income per person is $28,891. 21.3% of residents live below the poverty line (Idaho: 10.6%).
Housing in Parma: homes for sale and rent
- Housing units
- 764
- Owner-occupied
- 65.6%
- Renter-occupied
- 34.4%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.63
Parma demographics
- Population
- 1,928
- Median age
- 35.9
- Under 18
- 28.9%
- 65 and older
- 19.5%
- Households
- 724
- Foreign-born
- 12.7%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Parma ›
Education in Parma
13.3% of adults 25 and older in Parma have a bachelor's degree or higher (Idaho: 31.8%), and 4.1% have a graduate or professional degree.
Jobs and commute in Parma
- Unemployment rate
- 3.6%State: 3.7%
- Average commute
- 21 minState: 22 min
- Work from home
- 2.3%
- Drive alone
- 81.1%
- Public transit
- 0%
- Walk to work
- 3.9%
- Homes with broadband
- 85.5%
Parma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parma | 1,928 | $49,231 | $274,300 | $980 |
| Nyssa | 3,240 | $69,183 | $204,300 | $916 |
| Adrian | 299 | $73,000 | $158,100 | — |
| Wilder | 2,074 | $55,117 | $270,900 | $793 |
| Notus | 573 | $64,813 | $287,000 | $1,125 |
| Greenleaf | 1,482 | $69,141 | $363,700 | — |
| Homedale | 3,069 | $62,117 | $238,000 | $1,078 |
| New Plymouth | 1,794 | $65,375 | $277,500 | $1,062 |
| Fruitland | 6,663 | $65,457 | $329,600 | $798 |
More for people moving to Parma
Parma ZIP code ›Weather and climate ›Living in Parma: FAQ
What is the median household income in Parma, ID?
The median household income in Parma is $49,231, 37% lower than the Idaho median of $77,800 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Parma?
The median home value in Parma is $274,300, compared with $418,600 in Idaho.
How much is rent in Parma?
The median gross rent in Parma is $980 per month, about 24.8% of household income.
Is Parma, ID a good place to live?
Pluses: home values 34% lower than the state median; an average commute of 21 minutes; unemployment of 3.6%. Minuses: median household income 37% lower than the Idaho median; a poverty rate of 21.3%.
What is the median age in Parma?
The median age in Parma is 35.9 years (Idaho: 37.3).
How long is the commute in Parma?
The average commute to work in Parma is 21 minutes; 2.3% of workers work from home.
What is the unemployment rate in Parma?
The unemployment rate in Parma is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parma?
13.3% of adults in Parma have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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