Parma, Michigan is a vibrant and welcoming community with plenty of resources to explore. The cost of living in Parma is quite affordable, with average 2 bedroom rent costing only $920 compared to the US average of $1,430. The grocery cost index is also quite low at 94 versus 100 in the US. There are many locally-owned businesses in Parma that residents can support, such as the Chilson's Auto Center, Inc., which provides auto repair services to local households and businesses; Alan Ritsema Construction which specializes in residential and commercial construction; and Parma Auto Parts for those who need parts and supplies for their vehicle projects. Parma truly offers something for everyone!
Parma (zip 49269) has an unemployment rate of 5.9%. The US average is 6.0%.
Parma (zip 49269) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Parma (zip 49269)
- The Sales Tax Rate for Parma (zip 49269) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Parma (zip 49269) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Parma (zip 49269)
- The average income of a Parma (zip 49269) resident is $29,562 a year. The US average is $37,638 a year.
- The Median household income of a Parma (zip 49269) resident is $68,131 a year. The US average is $69,021 a year.