New Franklin vs Parma
| New Franklin | Parma | |
|---|---|---|
| Population | 13,874 | 80,587 |
| Median Household Income | $90,244 | $69,295 |
| Median Home Value | $214,300 | $170,100 |
| Median Gross Rent | $1,132/mo | $1,087/mo |
| Homeownership Rate | 88.3% | 72.4% |
| Unemployment Rate | 4.0% | 6.4% |
| Bachelor's Degree or Higher | 24.7% | 24.4% |
| Median Age | 47.9 | 42.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.