Home / Select Cities  /  2024 Comparing Lakewood, OH vs. Parma, OH

2024 Compare Cities Economy:
Lakewood, OH vs Parma, OH

Change Cities
Highlights
- Household income in Parma, is 5% more than it is in Lakewood and is 14% below the National Average.
- Lakewood unemployment rate is 5.2%.
- Parma unemployment rate is 5.2%.

Economy
 Lakewood, OHParma, OHUnited States
 Unemployment Rate5.2%5.2%6.0%
 Recent Job Growth1.0%1.0%1.6%
 Future Job Growth24.8%23.6%33.5%
 Sales Taxes8.0%8.0%6.2%
 Income Taxes5.0%5.7%4.6%
 Income per Cap.$40,959$31,099$37,638
 Household Income$57,588$60,590$69,021
 Family Median Income$86,597$73,590$85,028
 space
 Est. Households By Income
 Lakewood, OHParma, OHUnited States
 Income Less Than 15K10.8%7.5%9.4%
 Income between 15K and 20K4.1%3.5%3.8%
 Income between 20K and 30K9.0%9.0%8.1%
 Income between 30K and 40K9.4%9.3%8.0%
 Income between 40K and 50K9.1%10.2%7.6%
 Income between 50K and 60K9.2%9.9%7.2%
 Income between 60K and 75K11.3%11.9%9.6%
 Income between 75K and 100K11.2%16.5%12.8%
 Income between 100K and 150K13.3%14.9%16.3%
 Income between 150K and 200K7.1%4.7%7.8%
 Income greater than 200K5.5%2.5%9.5%
 space1
 Population By Occupation
 Lakewood, OHParma, OHUnited States
 Management, business, finance20.3%13.3%16.4%
 Engineering, computers, science8.5%5.8%6.5%
 Community, social services2.5%1.2%1.8%
 Legal1.6%0.7%1.2%
 Education, library6.5%4.0%6.2%
 Arts, design, media, sports, entertainment3.5%1.4%2.0%
 Healthcare practitioners and technology8.7%6.4%6.2%
 Healthcare support1.7%3.2%3.3%
 Firefighters, law enforcement1.5%1.3%2.1%
 Food preparation, serving7.3%6.1%5.4%
 Building maintenance3.1%3.8%3.6%
 Personal care2.8%2.5%2.6%
 Sales, office, administrative support19.8%25.7%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair4.1%7.5%8.1%
 Production, transportation, material moving7.8%17.2%13.1%

View More Data >

Reviews for Lakewood    7 Reviews

Over 10 years ago

Lakewood, Ohio has the best of everything. Restaurants, small business, walkability, library, theater, schools, century homes, front porches, neighborhoods, parks, Lake  More

   |    Reply

Over 11 years ago

If you get a job in Cleveland, THIS IS THE PLACE TO LIVE! It has something for everybody. I was raised here and never knew anything else at this time. Once I went away  More

   |    Reply

Over 11 years ago

I haven't lived here, but have spent a lot of time in the area, and most certainly will move here when I finally can move back to the Cleveland area in a few years. I  More

   |    Reply

Start Your Review of Lakewood

Reviews for Parma    2 Reviews

Over 11 years ago

~80k strong my city is full of working class Clevelanders. It seems to be fading yet continues year to year plodding  More

   |    Reply

Over 16 years ago

travel to work during normal rush hour(0800 - 0900)is pretty good compared to when we travel to other area of country. Sorry no hard data to support  More

   |    Reply

Start Your Review of Parma

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Lakewood, Ohio Cost of Living vs Parma, Ohio Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN LAKEWOOD, OHIO
44107
ZIPS IN PARMA, OHIO
44134 44129

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now