Somerset vs Parma
| Somerset | Parma | |
|---|---|---|
| Population | 1,544 | 80,587 |
| Median Household Income | $55,208 | $69,295 |
| Median Home Value | $225,000 | $170,100 |
| Median Gross Rent | $819/mo | $1,087/mo |
| Homeownership Rate | 58.5% | 72.4% |
| Unemployment Rate | 5.1% | 6.4% |
| Bachelor's Degree or Higher | 26.8% | 24.4% |
| Median Age | 32.1 | 42.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.