Living in Parma, Ohio
Cost of living, income, home prices, rent and demographics of Parma · Census data 2020–2024
Parma has 79,870 residents with a median age of 42.4. The median household income is $69,295 (about the same as the Ohio median), the median home value is $170,100, the median rent is $1,087/month.
Parma at a glance
- Population
- 79,870
- Median age
- 42.4State: 39.7
- Median household income
- $69,295State: $71,389
- Median home value
- $170,100State: $214,800
- Median rent
- $1,087/moState: $1,034
- Homeowners
- 72.4%
- Bachelor's degree or higher
- 24.4%
- Average commute
- 24 min
Is Parma a good place to live?
Pros: Home values 21% lower than the state median; a poverty rate of 10.1%.
Cons: Median household income about the same as the Ohio median; an average commute of 24 minutes; unemployment of 6.5%.
The weather is best in June to September.
Cost of living in Parma
Housing is the biggest part of the cost of living. In Parma the median home value is $170,100, 49% lower than the U.S. median. Renters pay a median of $1,087 per month, which is 27.1% of household income. Homeowners with a mortgage pay $1,337 a month in housing costs.
Parma median household income
The median household income in Parma is $69,295 and the income per person is $36,896. 10.1% of residents live below the poverty line (Ohio: 13.3%).
Housing in Parma: homes for sale and rent
- Housing units
- 36,157
- Owner-occupied
- 72.4%
- Renter-occupied
- 27.6%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.30
Parma demographics
- Population
- 79,870
- Median age
- 42.4
- Under 18
- 17.4%
- 65 and older
- 19.8%
- Households
- 34,287
- Foreign-born
- 11%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Parma ›
Education in Parma
24.4% of adults 25 and older in Parma have a bachelor's degree or higher (Ohio: 31.5%), and 7.7% have a graduate or professional degree.
Jobs and commute in Parma
- Unemployment rate
- 6.5%State: 4.8%
- Average commute
- 24 minState: 23 min
- Work from home
- 11.7%
- Drive alone
- 76.9%
- Public transit
- 1.1%
- Walk to work
- 1.5%
- Homes with broadband
- 91.2%
Parma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parma | 79,870 | $69,295 | $170,100 | $1,087 |
| Parma Heights | 20,581 | $61,009 | $175,100 | $1,111 |
| Seven Hills | 11,603 | $97,222 | $258,000 | $1,586 |
| Brooklyn | 11,158 | $69,346 | $163,100 | $971 |
| Brooklyn Heights | 1,501 | $96,786 | $234,400 | $1,148 |
| Middleburg Heights | 15,786 | $78,815 | $228,400 | $1,079 |
| Linndale | 243 | $76,667 | $97,500 | $950 |
| North Royalton | 30,972 | $83,670 | $292,600 | $1,116 |
| Brook Park | 18,284 | $71,332 | $169,600 | $1,122 |
More for people moving to Parma
Parma ZIP code ›Weather and climate ›Living in Parma: FAQ
What is the median household income in Parma, OH?
The median household income in Parma is $69,295, about the same as the Ohio median of $71,389 (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 $170,100, compared with $214,800 in Ohio.
How much is rent in Parma?
The median gross rent in Parma is $1,087 per month, about 27.1% of household income.
Is Parma, OH a good place to live?
Pluses: home values 21% lower than the state median; a poverty rate of 10.1%. Minuses: median household income about the same as the Ohio median; an average commute of 24 minutes; unemployment of 6.5%.
What is the median age in Parma?
The median age in Parma is 42.4 years (Ohio: 39.7).
How long is the commute in Parma?
The average commute to work in Parma is 24 minutes; 11.7% of workers work from home.
What is the unemployment rate in Parma?
The unemployment rate in Parma is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parma?
24.4% 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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