Median Income
$69,830
household / year
Median Home Value
$114,100
owner-occupied
Median Rent
$972
gross / month
Cost of Living
93
national avg = 100

Is Parma, MI a Good Place to Live?

Parma is a small town of 663 in Michigan, with a median household income of $69,830 and a 10.4% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: Parma stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Parma is right for you depends on your priorities — the full breakdown is below.

All Parma city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.7

Parma's overall cost of living index is 92.7, where 100 represents the US national average. Living in Parma costs roughly 7% less than the average American city.

Metric Parma, MI National Avg
Median Home Value $114,100 $244,900
Median Monthly Rent $972 $1,163
Homeownership Rate 70.7% 65.9%
Median Household Income $69,830 $74,755

Crime & Safety

Safer than Average

Parma's violent crime rate is 310.4 per 100,000 residents — 18% lower than the national average of ~380 per 100,000.

Violent Crime
310.4 /100k
Property Crime
1035.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Parma is served primarily by Western School District. The student-to-teacher ratio is 18.3:1 (slightly above the national average of ~16:1).

Metric Parma, MI National Avg
School District Western School District
Elementary Schools 3
Middle Schools 1
High Schools 2
Student/Teacher Ratio 18.3:1 16:1
Bachelor's Degree or Higher 22.0% 35.4%
High School Diploma or Higher 90.0% 91.1%

Weather & Climate

Parma sees average highs of 31.3°F in January and 82.5°F in July, with 32.2 inches of annual precipitation and 40.4 inches of snow per year.

MetricParma, MI
Average High — January31.3°F
Average High — July82.5°F
Annual Precipitation32.2"
Annual Snowfall40.4"

Demographics

MetricParma, MINational Avg
Population663
Median Age33.538.9
Unemployment Rate10.4%3.7%
Avg Commute Time26.6 min26 min
White (non-Hispanic)87.2%59.3%
Black or African American6.8%13.6%
Hispanic or Latino1.5%18.9%
Asian2.4%6.3%
Under 1827.3%22.2%
65 and over15.4%16.8%

Nearby Cities

ZIP Codes in Parma

Parma, MI is covered by 1 ZIP code:

Parma vs Other Cities

Frequently Asked Questions

Parma's cost of living index is 93, where 100 is the national average. That makes Parma roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $114,100 and median rent is $972/month.
Parma's violent crime rate is 310.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1035.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Parma are operated by Western School District. The district has 3 elementary, 1 middle, and 2 high schools. The student-to-teacher ratio is 18.3:1. 22.0% of adults 25+ hold a bachelor's degree or higher.
Parma, MI has a population of 663, a median household income of $69,830, and an unemployment rate of 10.4%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Parma averages 31.3°F in January and 82.5°F in July. Annual rainfall is 32.2 inches with about 40.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Parma, MI is covered by 1 ZIP code: 49269.
The population of Parma, Michigan is 663 with a median age of 33.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Parma: cost of living index 93 (100 = US average), median home $114,100, median household income $69,830, crime index 69 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Parma side by side with your current city to see the trade-offs.