Last updated: 2024 BLS data · Page refreshed:
Parma has a population of 79,870 with a median age of 42.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 79,870 |
| Median Age | 42.4 |
| White | 80.9% |
| Black or African American | 5.5% |
| Asian | 3.0% |
| Hispanic or Latino | 8.4% |
| Other / Two or More Races | 2.2% |
The median household income in Parma is $69,295, which is 14.0% below the national median of $80,610. The per capita income is $36,896. The poverty rate is 10.1%.
The unemployment rate in Parma is 3.6%, compared to the national rate of 4.1%.
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In Parma, 92.1% of residents age 25+ have a high school diploma or higher, and 24.4% hold a bachelor's degree or higher (7.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.1% |
| Bachelor's Degree or Higher | 24.4% |
| Graduate or Professional Degree | 7.7% |
The median home value in Parma is $170,100, below the national median of $303,400. The median monthly rent is $1,087. The homeownership rate is 72.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $170,100 |
| Median Monthly Rent | $1,087 |
| Homeownership Rate | 72.4% |
| Vacancy Rate | 5.2% |
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