Newark vs Parma
| Newark | Parma | |
|---|---|---|
| Population | 50,062 | 80,587 |
| Median Household Income | $61,670 | $69,295 |
| Median Home Value | $192,300 | $170,100 |
| Median Gross Rent | $973/mo | $1,087/mo |
| Homeownership Rate | 55.8% | 72.4% |
| Unemployment Rate | 3.7% | 6.4% |
| Bachelor's Degree or Higher | 23.0% | 24.4% |
| Median Age | 38.8 | 42.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.