New London vs Parma
| New London | Parma | |
|---|---|---|
| Population | 2,531 | 80,587 |
| Median Household Income | $50,114 | $69,295 |
| Median Home Value | $114,200 | $170,100 |
| Median Gross Rent | $805/mo | $1,087/mo |
| Homeownership Rate | 67.9% | 72.4% |
| Unemployment Rate | 8.2% | 6.4% |
| Bachelor's Degree or Higher | 9.9% | 24.4% |
| Median Age | 37.2 | 42.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.