Parma is a city in Ohio state in USA with a population of 78623 residents.. The poverty rate of Parma is 9%, which is 36% lower than national average. The typical household in Parma earns $58011 a year, compared to the national median of $67,500. Nearly 42% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Parma, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Parma remained 6.5%, which is 38% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Parma, only 24% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Parma is 88, which is 12% lower than national average. Median home value in Parma is $118600 , which is 48% lower than national average. While median income in Parma remained $58011, which is 14% lower than national average.