Parma Heights is a medium-sized city located in the state of Ohio. The city has a population of 20,311 residents. With a population density of 4,853 people per square mile, Parma Heights is well above the nation's average density level. If we look at the most recent Census, Parma Heights is known to have a predominantly White population. The next two most common races are Black and Asian. Parma Heights is known to be family friendly as more than 74% of the population has already tied the knot. It might also be worth noting that 58% of residents also have children under the age of 18.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Parma Heights, Ohio. Using the livability score which includes data from categories like cost of living, weather, education, employment, housing, you can easily compare the best places to live in Parma Heights and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Parma Heights to Ohio and the national average.
The livability score in Parma Heights is 82 out of 100 and the city is ranked in the 96th percentile of all cities across America. Clearly, Parma Heights is doing something right, as this score ranks well above the average of most cities. The cherry on top is that Parma Heights also ranks in the top 10 percent of all cities. There are seven total categories that create the livability score. Parma Heights ranks well for amenities (A+), cost of living (B-), education (A+) and housing (A-). There is at least one category that did not score well in Parma Heights. The following was graded with a less than perfect score: weather (D).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Parma Heights on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Knowing that the Parma Heights schools rank highly for test scores plays an important factor in deciding if this area is the right place to live. The average school test scores are 76%, which is far higher than the national average.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Parma Heights has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Parma Heights is actually affordable. The median home price for Parma Heights homes is $110,700, which is 16.1% lower than the Ohio average. If we take a closer look at the affordability of homes in Parma Heights, we’ll see that the home price to income ratio is 2.5, which is 3.8% lower than the Ohio average. Real estate appreciation rates in Parma Heights are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Parma Heights homes comes in at 6.5%, and the 5 year appreciation rates were 6.6%.
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