Last updated: 2024 BLS data · Page refreshed:
Parma has a population of 596 with a median age of 37.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 596 |
| Median Age | 37.9 |
| White | 51.0% |
| Black or African American | 27.5% |
| Hispanic or Latino | 10.4% |
| Other / Two or More Races | 11.1% |
The median household income in Parma is $63,750, which is 20.9% below the national median of $80,610. The per capita income is $24,580. The poverty rate is 27.7%.
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In Parma, 78.3% of residents age 25+ have a high school diploma or higher, and 8.1% hold a bachelor's degree or higher (4.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 78.3% |
| Bachelor's Degree or Higher | 8.1% |
| Graduate or Professional Degree | 4.2% |
The median home value in Parma is $43,300, below the national median of $303,400. The median monthly rent is $575. The homeownership rate is 61.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $43,300 |
| Median Monthly Rent | $575 |
| Homeownership Rate | 61.5% |
| Vacancy Rate | 13.7% |
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