Pros and Cons of Living In Parma, Ohio. Is Parma, OH a Nice Place To Live or Retire?

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Parma, Ohio

Moving to Parma In Ohio ? Is Parma, OH a Nice Place To Live? Pros and Cons of Living in Parma, Ohio. Find out the best and worst about to live, raise a family or retire in Parma.

Parma is a city in Cuyahoga County, Ohio, United States. It is a suburb located south of Cleveland. As of the 2020 census, its population was 81,146. Parma is the seventh-most populous city in Ohio, the largest suburb in the state, and the second-largest city in Cuyahoga County.

DEMOGRAPHICS

Population
78623
Unemployment
6.5%
38% NAT AVG.
Poverty
9%
36% NAT AVG.
Cost Of Living
88
12% NAT AVG.

ECONOMICS

Median Home Cost
$118600
48% NAT AVG.
Median Income
$58011
14% NAT AVG.
Median Rent
$882
24% NAT AVG.
Overall Score
8

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 11
Unemployed People
1 in 15
People Earning < $10,000
1 in 23
People Earning < $50,000
42%
People With Any Degree
1 in 2.9

ETHNICITY

Ethnicity Parma USA
White 83.9% 60.1%
African American 4.1% 12.2%
American Indian 0.1% 0.6%
Asian 2.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.4% 2.8%
Hispanic 6.4% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Parma USA
Less than $10,000 4.3% 5.8%
$10,000 to $14,999 3.1% 4.1%
$15,000 to $24,999 9.1% 8.5%
$25,000 to $34,999 10% 8.6%
$35,000 to $49,999 15.5% 12.0%
$50,000 to $74,999 22.2% 17.2%
$75,000 to $99,999 14.9% 12.8%
$100,000 to $149,999 15% 15.6%
$150,000 to $199,999 4.1% 7.1%

EDUCATION

Education Parma USA
< 9th Grade 2% 5.0%
9-12th Grade 5% 7.0%
High School or GED 36% 27.0%
Other College 23% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 16% 20.0%
Master's Degree 6% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Parma is a city in Ohio state in USA with a population of 78623 residents.. The poverty rate of Parma is 9%, which is 36% lower than national average. The typical household in Parma earns $58011 a year, compared to the national median of $67,500. Nearly 42% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Parma remained 6.5%, which is 38% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Parma is 88, which is 12% lower than national average. In Parma, only 24% of adults have a bachelor's degree and 33% have some college but no degree. Median home value in Parma is $118600 , which is 48% lower than national average. While median income in Parma remained $58011, which is 14% lower than national average.
Parma Scorecard

Jobs60%

Housing60%

Affordability85%

Safety80%

Amenities95%

Diversity70%

Education80%

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