Last updated: 2024 BLS data · Page refreshed:
Parma has a population of 1,928 with a median age of 35.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,928 |
| Median Age | 35.9 |
| White | 63.8% |
| Asian | 0.6% |
| Hispanic or Latino | 35.8% |
The median household income in Parma is $49,231, which is 38.9% below the national median of $80,610. The per capita income is $28,891. The poverty rate is 21.3%.
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In Parma, 81.0% of residents age 25+ have a high school diploma or higher, and 13.3% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 81.0% |
| Bachelor's Degree or Higher | 13.3% |
| Graduate or Professional Degree | 4.1% |
The median home value in Parma is $274,300, below the national median of $303,400. The median monthly rent is $980. The homeownership rate is 65.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $274,300 |
| Median Monthly Rent | $980 |
| Homeownership Rate | 65.6% |
| Vacancy Rate | 5.2% |
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