Parma vs Lorain
| Parma | Lorain | |
|---|---|---|
| Population | 80,587 | 65,138 |
| Median Household Income | $69,295 | $48,685 |
| Median Home Value | $170,100 | $139,200 |
| Median Gross Rent | $1,087/mo | $887/mo |
| Homeownership Rate | 72.4% | 57.1% |
| Unemployment Rate | 6.4% | 6.3% |
| Bachelor's Degree or Higher | 24.4% | 14.8% |
| Median Age | 42.4 | 39.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.