Bay Village vs Parma
| Bay Village | Parma | |
|---|---|---|
| Population | 16,047 | 80,587 |
| Median Household Income | $132,254 | $69,295 |
| Median Home Value | $353,000 | $170,100 |
| Median Gross Rent | $894/mo | $1,087/mo |
| Homeownership Rate | 91.4% | 72.4% |
| Unemployment Rate | 2.3% | 6.4% |
| Bachelor's Degree or Higher | 68.5% | 24.4% |
| Median Age | 43.1 | 42.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.