Parma, ID
Population 1,836 · Idaho
About Parma, ID
Parma is a small community in Idaho with a population of 1,836 residents. The median household income is $47,798 per year, which is below the national average. The median age in Parma is 39.2 years.
Housing in Parma has a median home value of $232,400 and median monthly rent of $955. Of the 722 total housing units, the majority are owner-occupied, with 463 owner-occupied and 239 renter-occupied units.
The unemployment rate in Parma is 3.4% and the poverty rate is 20.2%. 12.0% of residents hold a bachelor's degree or higher. The average commute time is 21.2 minutes.
Cost of Living in Parma, ID
Compared to national averages, Parma has a median household income of $47,798 (36% below the national median of $75,149). Home values average $232,400, which is 5% below the national median. Monthly rent at $955 is 18% below the US average of $1,163. Within Idaho, Parma's income is 27% below the state average of $65,190, and home values are 15% below the state median of $274,721.
Why Live in Parma, ID?
Parma offers affordable housing with a median home value of $232,400, below the US average of $244,900, and rent that’s lower than the national average at $955/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features short commute times averaging just 21.2 minutes.
Potential considerations include median household income ($47,798) that falls below the national average. However, Parma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Parma has a population of 1,836 with a median age of 39.2 years. Compare Parma with other cities to see how it stacks up, or explore all cities in Idaho.
Similar Cities Near Parma
Cities in Idaho with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Plymouth | 1,863 | $59,875 | $199,200 | Compare |
| Spirit Lake | 1,768 | $60,938 | $380,800 | Compare |
| Osburn | 1,728 | $44,583 | $182,800 | Compare |
| Wilder | 1,690 | $55,938 | $215,600 | Compare |
| Shoshone | 1,985 | $56,050 | $187,800 | Compare |
| Sugar City | 2,011 | $71,944 | $308,000 | Compare |
| Pinehurst | 2,014 | $66,447 | $267,100 | Compare |
| Paul | 1,615 | $62,830 | $251,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Idaho
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Parma
What is the population of Parma, ID?
The population of Parma, ID is 1,836 according to the latest Census data.
What is the median household income in Parma?
The median household income in Parma, ID is $47,798 per year.
What is the median home value in Parma?
The median home value in Parma, ID is $232,400.
What is the average rent in Parma?
The median monthly rent in Parma, ID is $955.
What is the unemployment rate in Parma?
The unemployment rate in Parma, ID is 3.4%.