Parma, Missouri (zip code 63870) is an affordable place to live with 2 bedroom rents averaging around $670 as compared to the much higher US average of $1,430. There are multiple local companies that offer rental options in Parma including Rentals By Owner, Central Realty, and Country Realty. Groceries are also relatively less expensive in Parma with a grocery cost index at 91 versus 100 in the US. This allows people living in Parma to stretch their dollars further and get more for their money on essential items.
Parma (zip 63870) has an unemployment rate of 4.5%. The US average is 6.0%.
Parma (zip 63870) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 3.3%, which is lower than the US average of 33.5%.
Tax Rates for Parma (zip 63870)
- The Sales Tax Rate for Parma (zip 63870) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Parma (zip 63870) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Parma (zip 63870)
- The average income of a Parma (zip 63870) resident is $21,417 a year. The US average is $37,638 a year.
- The Median household income of a Parma (zip 63870) resident is $42,563 a year. The US average is $69,021 a year.