2024 Compare Cities Economy:
Parma, OH vs Rio Rancho, NM

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Highlights
- Household income in Rio Rancho, is 17% more than it is in Parma and is 2% above the National Average.
- Parma unemployment rate is 5.2%.
- Rio Rancho unemployment rate is 7.6%.
 Parma, OHRio Rancho, NMUnited States
 Unemployment Rate5.2%7.6%6.0%
 Recent Job Growth1.0%3.4%1.6%
 Future Job Growth23.6%37.9%33.5%
 Sales Taxes8.0%7.7%6.2%
 Income Taxes5.7%4.9%4.6%
 Income per Cap.$31,099$31,797$37,638
 Household Income$60,590$70,615$69,021
 Family Median Income$73,590$78,611$85,028
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 Est. Households By Income
 Parma, OHRio Rancho, NMUnited States
 Income Less Than 15K7.5%5.5%9.4%
 Income between 15K and 20K3.5%2.6%3.8%
 Income between 20K and 30K9.0%5.9%8.1%
 Income between 30K and 40K9.3%6.9%8.0%
 Income between 40K and 50K10.2%10.7%7.6%
 Income between 50K and 60K9.9%9.4%7.2%
 Income between 60K and 75K11.9%12.1%9.6%
 Income between 75K and 100K16.5%15.7%12.8%
 Income between 100K and 150K14.9%19.3%16.3%
 Income between 150K and 200K4.7%6.9%7.8%
 Income greater than 200K2.5%5.0%9.5%
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 Population By Occupation
 Parma, OHRio Rancho, NMUnited States
 Management, business, finance13.3%14.7%16.4%
 Engineering, computers, science5.8%6.7%6.5%
 Community, social services1.2%2.2%1.8%
 Legal0.7%1.6%1.2%
 Education, library4.0%6.3%6.2%
 Arts, design, media, sports, entertainment1.4%1.0%2.0%
 Healthcare practitioners and technology6.4%7.2%6.2%
 Healthcare support3.2%2.9%3.3%
 Firefighters, law enforcement1.3%3.3%2.1%
 Food preparation, serving6.1%4.8%5.4%
 Building maintenance3.8%1.9%3.6%
 Personal care2.5%2.0%2.6%
 Sales, office, administrative support25.7%27.1%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair7.5%9.6%8.1%
 Production, transportation, material moving17.2%8.5%13.1%
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

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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

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Reviews for Rio Rancho    21 Reviews

I have lived in the area for the past three years with my husband. Although vastly better than Albuquerque, this is not a safe area. We have had overt and petty crime on  More

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The pros: -Fairly good year-round weather. Sunny days outnumber cloudy days, there are days when the temps fall below freezing and the sun will still be shining. It's  More

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Over 4 years ago

Affordable housing, low crime (compared to Albuquerque), awesome weather with all 4 seasons, beautiful environment and some pretty awesome people. I love Rio Rancho,  More

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