Parma, MI

Full City Profile · Michigan · Jackson County County

3.6 /5.0
B+ Good
653 Population 622/sq mi density
$71,413 Median Income $34,466 per capita
$121,300 Home Value $257,734 Zillow
$1,050 Median Rent 18.7% income on rent
49°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$71,413 median income, 14.6% unemployment
A+
Affordability
5.0 / 5.0
$121,300 home value, $1,050/mo rent
C+
Education
2.6 / 5.0
20.5% bachelor's degree or higher

Parma, MI

At a Glance

Median Income
$71,413
5% below
$34,466 per capita
Home Value
$121,300
57% below
Zillow: $257,734
Median Rent
$1,050/mo
10% below
18.7% of income on rent
Bachelor's Degree+
20.5%
39% below
91.6% high school+
Unemployment
14.6%
306% above
8.2% poverty rate
Obesity Rate
37.6%
17% above
14.7% smoking rate
Avg Temperature
49°F

How Parma Compares to the U.S. Average

Each bar shows Parma's value as a percentage of the national average (100% = U.S. avg)

Income
95%
Home Value
43%
Rent
90%
Poverty
66%
Bachelor's
61%
Unemployment
406%
Thin vertical line = U.S. national average (100%)

Is Parma a Good Place to Live?

B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Parma residents earn a median household income of $71,413 , which is 5% below the national average of $75,149. Per capita income is $34,466. The unemployment rate stands at 14.6% (306% above the U.S. rate of 3.6%). 8.2% of residents live below the poverty line. The area is home to 3,104 business establishments, including 259 restaurants.

Housing & Cost of Living

The median home value in Parma is $121,300 , 57% below the national median of $281,900. Zillow estimates the typical home at $257,734. Median rent is $1,050/month, with 18.7% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1951.

Education

20.5% of adults in Parma hold a bachelor's degree or higher (39% below the national average). 91.6% have completed high school. Local schools score 4.9/10 in standardized testing.

Climate & Weather

Parma has an average annual temperature of 49°F (9°C). Winters average 24°F in January while summers reach 72°F in July. Annual precipitation totals 32.2 inches.

Data Overview

People

Population653
Median Age35.6 yrs
Density622/mi²
Male / Female53% / 48%
Foreign Born1.2%
Veterans6.0%

Economy

B
Median Income$71,413
Per Capita$34,466
Unemployment14.6%
Poverty8.2%
County GDP$9,061M
Avg Weekly Wage$1,195

Housing

A+
Home Value$121,300
Rent$1,050
Ownership77.7%
Zillow$257,734
Housing Units258
Rent Burden18.7%

Health

Obesity37.6%
Diabetes9.5%
Smoking14.7%
Heart Disease5.4%
Premature Death9,855/100K

Climate

Avg Temp49°F
Rain32.2 in/yr
Elevation964 ft

Education

C+
Bachelor's+20.5%
High School+91.6%
Graduate+6.4%
School Score4.9/10

Community

2024 VoteR 60% / D 39%
Commute27 min
Broadband95.9%
Internet Speed112 Mbps
EV Stations1
Libraries14

Did You Know?

The median home in Parma was built in 1951.
The nearest airport is Capital Region International (36 miles).
The Gini coefficient (income inequality) is 0.446 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.4% of the population has a disability.
Average internet download speed is 112 Mbps.
There are 259 restaurants in the area.
The county recorded 28 fatal vehicle crashes.