Parma, OH
Population 80,131 · Ohio
About Parma, OH
Parma is a mid-sized city located in Ohio with a population of 80,131 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,425 per year, which is 10% below the national median of $75,149. The median age of 43.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Parma features a median home value of $157,600, which is 36% below the national median of $244,900. This positions Parma in a moderately priced market relative to the rest of the country. Median monthly rent is $1,053, 9% below the national average of $1,163/month. Of the 36,478 total housing units, 73% are owner-occupied (25,214 units) and 27% are renter-occupied (9,426 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Parma shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Parma have an average one-way commute time of 24.4 minutes.
Education & Demographics
24.3% of Parma residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.9% White, 1.2% Hispanic or Latino, 5.5% Black or African American, and 1.7% Asian residents, with 10.3% of the population being foreign-born.
How Parma Ranks in Ohio
Cost of Living in Parma, OH
Compared to national averages, Parma has a median household income of $67,425 (10% below the national median of $75,149). Home values average $157,600, which is 36% below the national median. Monthly rent at $1,053 is 9% below the US average of $1,163. Within Ohio, Parma's income is 6% below the state average of $71,814, and home values are 10% below the state median of $174,449.
Why Live in Parma, OH?
Parma offers affordable housing with a median home value of $157,600, below the US average of $244,900, and rent that’s lower than the national average at $1,053/month, and a low poverty rate of 9.8%, better than the national average. Additionally, the city features short commute times averaging just 24.4 minutes.
Potential considerations include median household income ($67,425) that falls below the national average. However, as a mid-sized city, Parma provides access to a wide range of amenities and services.
Parma has a population of 80,131 with a median age of 43.2 years. Compare Parma with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Parma
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Canton | 70,105 | $39,754 | $94,400 | Compare |
| Lorain | 65,207 | $45,799 | $123,500 | Compare |
| Hamilton | 63,124 | $54,293 | $152,300 | Compare |
| Youngstown | 59,605 | $34,746 | $58,400 | Compare |
| Springfield | 58,410 | $45,883 | $107,600 | Compare |
| Kettering | 57,442 | $71,619 | $192,500 | Compare |
| Elyria | 52,833 | $53,204 | $142,800 | Compare |
| Cuyahoga Falls | 50,864 | $70,645 | $174,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Parma With Other Cities
Frequently Asked Questions about Parma
What is the population of Parma, OH?
The population of Parma, OH is 80,131 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Ohio.
What is the median household income in Parma?
The median household income in Parma, OH is $67,425 per year, which is 10% below the national median of $75,149.
What is the median home value in Parma?
The median home value in Parma, OH is $157,600, which is 36% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Parma?
The median monthly rent in Parma, OH is $1,053, which is 9% below the national average of $1,163/month.
What is the unemployment rate in Parma?
The unemployment rate in Parma, OH is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Parma, OH a good place to live?
Parma offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 80,131 and a median age of 43.2, the city appeals to a broad range of residents.
How educated is Parma, OH?
24.3% of residents in Parma aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Parma?
Key cost-of-living indicators for Parma, OH: median home value is $157,600 (36% below national), median rent is $1,053/month, and median household income is $67,425. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Parma?
The poverty rate in Parma, OH is 9.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Parma, OH?
Parma's population is 0.9% White, 1.2% Hispanic or Latino, 5.5% Black or African American, 1.7% Asian, and 4.7% two or more races. 10.3% of residents are foreign-born.