Parma
Parma city, Ohio
If you're seeking a slice of Americana with a refreshingly affordable price tag, Parma, Ohio, is a hidden gem you need to explore. This vibrant city, home to over 80,000 residents, offers a lifestyle that balances the conveniences of suburban living with a strong sense of community. The real draw? The remarkable affordability. With a median home value hovering around $145,300, Parma presents a stark contrast to the national average, making homeownership a realistic dream for many. This affordability extends to everyday living, allowing residents to enjoy a comfortable lifestyle without breaking the bank.
From an investment perspective, Parma offers a compelling narrative. While the median household income of $65,848 is slightly below the national average, the significantly lower housing costs create a favorable environment for financial stability. Parma is known for its safe, family-friendly neighborhoods, and a diverse range of housing options which appeal to first-time homebuyers, families, and those seeking a more relaxed pace of life. This area is ideally suited for those seeking a balance of affordability, community, and a solid investment in a stable housing market.
Parma, Ohio at a Glance
Parma is a city in Parma city, Ohio with a population of approximately 80,587. The median home value is $145,300 and the median household income is $65,848. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very Low." Median rent is $888 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$145,300
Median Income
$65,848
Population
80,587
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Very Low
Good
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- Population
- 80,587
- Median Age
- N/A
- Median Household Income
- $65,848
12% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 10.1%
19% below nat'l avg
- Median Home Value
- $145,300
48% below nat'l avg
- Median Rent
- $888
24% below nat'l avg
- Homeownership Rate
- 88.0%
34% above nat'l avg
- Affordability Index
- 135
35% above nat'l avg
- Violent Crime Rate
- 1.4 per 1K
61% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Very Low
- Risk Score
- 7.70
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 11.8¢/kWh
29% below nat'l avg
- Est. Monthly Electric
- $106
23% below nat'l avg
- Unemployment Rate
- 5.8%
57% above nat'l avg
- Poverty Rate
- 10.1%
19% below nat'l avg
Weather & Climate in Parma
Avg High
61°F
Avg Low
44°F
Annual Rainfall
44.9"
Avg Humidity
72%
Political Landscape
→ Politically stable
Based on Morrow County county-level presidential election data
Culture & Things to Do in Parma
Parma Rib 'n Rock Fest
Annual festival featuring ribs, live music, and family activities.
Parma Summer Concert Series
Free outdoor concerts held throughout the summer months.
Parma City Schools Homecoming Parade
A community parade celebrating the local high schools.
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