Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.3 yrs |
|---|---|
| Avg HH Size | 2.96 |
| Below Poverty | 7.5% ▼ 25% below avg |
| College Grads | 31.9% ▼ 18% below avg |
| Unemployment | 6.9% ▲ 42% above avg |
| No HS Diploma | 18 (0.5%) |
| HS Graduate | 1,523 (40.3%) |
| Some College | 462 (12.2%) |
| Associates | 570 (15.1%) |
| Bachelors | 418 (11.1%) |
| Graduate Degree | 785 (20.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,933 ▲ 10% above avg |
|---|---|
| Median Home Value | $200,100 ▼ 28% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $967/mo |
| Total Housing Units | 2,083 |
| Vacant Units | 106 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Parma is a city in Michigan, located in Jackson County. The city spans 1 ZIP code and is home to approximately 5,874 residents. It is a middle-aged city, with a median age of 39.3 years.
Economically, Parma is a middle-income community. The median household income of $83,933 is near the national average. Approximately 7.5% of residents live below the poverty line. The unemployment rate is 6.9%, above the national average.
The real estate market in Parma is an affordable housing market. Median home values stand at $200,100, which is below the national average. Renters typically pay around $967 per month. Homeownership is high at 90.3%, typical of suburban and family-oriented communities.
The population of Parma is moderately educated. 31.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.5%).
Parma, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49269 | 5,874 | $83,933 | $200,100 | $967 | 6.9% | 31.9% | 90.3% |