Parchment vs Livonia
| Parchment | Livonia | |
|---|---|---|
| Population | 2,041 | 94,928 |
| Median Household Income | $72,798 | $98,460 |
| Median Home Value | $184,000 | $281,100 |
| Median Gross Rent | $1,045/mo | $1,322/mo |
| Homeownership Rate | 58.0% | 87.2% |
| Unemployment Rate | 8.1% | 4.6% |
| Bachelor's Degree or Higher | 23.5% | 41.9% |
| Median Age | 29.4 | 44.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.