Parma has a population of 80,587 with a median age of 42.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 80,587 |
| Median Age | 42.6 |
| White | 84.5% |
| Black or African American | 4.9% |
| Asian | 2.2% |
| Hispanic or Latino | 7.3% |
| Other / Two or More Races | 1.1% |
The median household income in Parma is $65,848, which is 12.4% below the national median of $75,149. The per capita income is $34,487. The poverty rate is 10.1%.
The unemployment rate in Parma is 5.8%, compared to the national rate of 5.4%.
In Parma, 91.8% of residents age 25+ have a high school diploma or higher, and 23.9% hold a bachelor's degree or higher (7.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.8% |
| Bachelor's Degree or Higher | 23.9% |
| Graduate or Professional Degree | 7.4% |
The median home value in Parma is $145,300, below the national median of $281,900. The median monthly rent is $980. The homeownership rate is 72.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $145,300 |
| Median Monthly Rent | $980 |
| Homeownership Rate | 72.0% |
| Vacancy Rate | 5.7% |
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