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CITY · 2020 ACS

Parma

Michigan · 780 residents · 1.05 sq mi
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The short version

Parma has roughly average household income, with a median household income of $63,333. Population has declined 14% since 2000. 19% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $88,200. At a median age of 34.0, residents skew younger than the country as a whole.

At a glance
Average income
near the US median
US median: $66,278
Younger
median age 34.0
US median: 38.8
Less educated
19% hold a bachelor's degree
US average: 33%
More affordable
home values down 31%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
780
−14%since 2000
from 907 in 2000
1990 – 2025
Population density
743 / sq mi
−14%since 2000
from 864 / sq mi in 2000
US average: 280
Median age
34.0
+4%since 2000
from 32.7 in 2000
US average: 38.8
Population, 1990 – 2024
5486687899091K1990201020202024Parma
2024624
1990201020202024
Section 02

Income & economy

Median household income
$63,333
+7%inflation adjusted, since 2000
from $39,531 in 2000
US average: $66,278
1990 – 2024
Per capita income
$29,087
+76%since 2000
from $16,483 in 2000
US average: $35,364
Households earning $100K+
40.1%
+16.8 ptssince 2009
from 23.3% in 2009
US average: 43.9%
Poverty rate
7.8%
+4.5 ptssince 2000
from 3.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade29.8%
US avg: 10%
Finance & insurance8.6%
US avg: 5.5%
Information6.9%
US avg: 11.1%
Wholesale trade6.5%
US avg: 6.7%
Professional, scientific, technical6.5%
US avg: 4.7%
Transportation & warehousing2%
US avg: 2.5%
Education & health services2%
US avg: 0.8%
Other services1.2%
US avg: 6.6%
Arts, entertainment, food0.8%
US avg: 2%
Public administration0.4%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$88,200
−31%inflation adjusted, since 2000
from $84,700 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$923
+20%inflation adjusted, since 2000
from $511 in 2000
US average: $1,124
Owner-occupied
76.0%
+0.2 ptssince 2000
from 75.8% in 2000
24.0% rent
Afford Score
1.4
−35%since 2000
from 2.1 in 2000
1990 – 2024
RELATED:See current rent listings in Parma on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.6%(867)
Black0.2%(2)
Hispanic / Latino1.7%(15)
Asian0.6%(5)
Other0%
Diversity Score6.1%(55)
2020
White, non-Hispanic83.7%(653)
Black3.3%(26)
Hispanic / Latino5.1%(40)
Asian0.3%(2)
Other1.3%(10)
Diversity Score24.7%(193)
Diversity Score
25
+308%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
19.3%
+4.8 ptssince 2000
from 14.5% in 2000
US average: 32.9%
High school or higher
90.2%
+3.4 ptssince 2000
from 86.8% in 2000
US average: 88.5%
Graduate degree
8.2%
+1.9 ptssince 2000
from 6.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.6 min
+80%since 2000
from 13.7 min in 2000
US average: 26.9
Drive alone to work
85.2%
−9.3 ptssince 2009
from 94.4% in 2009
US average: 75.1%
No vehicle available
2.5%
−1.2 ptssince 2009
from 3.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
12.5%
+2.6 ptssince 2011
from 9.9% in 2011
US average: 5.4%
Labor force participation
65.1%
−6.1 ptssince 2011
from 71.2% in 2011
US average: 63.4%
Management & professional
32.2%
−25.9 ptssince 2009
from 58.1% in 2009
US average: 39.3%
Section 08

People & community

Male
52.4%
−0.9 ptssince 2009
from 53.3% in 2009
Female
47.6%
+0.9 ptssince 2009
from 46.7% in 2009
Foreign born
1.5%
+0.9 ptssince 2009
from 0.6% in 2009
US average: 13.5%
Uninsured
5.9%
−79.9 ptssince 2013
from 85.8% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Parma to nearby cities

PARMA VS
Jackson
Income$44,558−30%
Home value$103,200+17%
Population31,022+3982%
SEE FULL COMPARISON →
PARMA VS
Mason
Income$79,117+25%
Home value$198,000+124%
Population8,264+987%
SEE FULL COMPARISON →
PARMA VS
Hillsdale
Income$51,038−19%
Home value$130,900+48%
Population8,002+953%
SEE FULL COMPARISON →
PARMA VS
Charlotte
Income$62,681−1%
Home value$153,900+74%
Population9,305+1124%
SEE FULL COMPARISON →
Frequently asked

How many people live in Parma, Michigan?

Parma, Michigan has about 780 residents according to the 2020 American Community Survey.

What is the median household income in Parma, Michigan?

The typical household in Parma, Michigan earns about $63,333 a year. Half of households make more than that, and half make less.

Is Parma, Michigan expensive?

In Parma, Michigan, the median home is worth about $88,200, and the typical rent is about $923 a month.

How educated are people in Parma, Michigan?

About 19.3% of adults age 25 and over in Parma, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Parma, Michigan?

About 7.8% of people in Parma, Michigan live below the federal poverty line.

Has Parma, Michigan grown since 1990?

Yes, Parma, Michigan has shrunk since 1990. The population has lost about 39 residents, a change of about -5 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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