Gates Mills vs Parma
| Gates Mills | Parma | |
|---|---|---|
| Population | 2,158 | 80,587 |
| Median Household Income | $231,250 | $69,295 |
| Median Home Value | $743,400 | $170,100 |
| Median Gross Rent | $3,111/mo | $1,087/mo |
| Homeownership Rate | 96.7% | 72.4% |
| Unemployment Rate | 3.1% | 6.4% |
| Bachelor's Degree or Higher | 76.8% | 24.4% |
| Median Age | 54.0 | 42.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.