Beachwood vs Parma
| Beachwood | Parma | |
|---|---|---|
| Population | 13,846 | 80,587 |
| Median Household Income | $106,748 | $69,295 |
| Median Home Value | $410,300 | $170,100 |
| Median Gross Rent | $2,047/mo | $1,087/mo |
| Homeownership Rate | 53.7% | 72.4% |
| Unemployment Rate | 5.4% | 6.4% |
| Bachelor's Degree or Higher | 65.3% | 24.4% |
| Median Age | 48.4 | 42.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.