Parma, OH (44134) is a great area to live in. The average cost of rent for a two bedroom apartment is only $1,070, which is much lower than the average two bedroom rent in the US ($1,430). The grocery cost index in Parma is also much lower than the US (96 vs 100), making it an affordable place to call home. Local companies such as Cleveland Clinic Parma Medical Center and Macaroni Grill are prevalent in the town. With a very reasonable cost of living and plenty of local amenities, Parma makes for an ideal place to live for both individuals and families.
Parma (zip 44134) has an unemployment rate of 5.2%. The US average is 6.0%.
Parma (zip 44134) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Parma (zip 44134)
- The Sales Tax Rate for Parma (zip 44134) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Parma (zip 44134) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Parma (zip 44134)
- The average income of a Parma (zip 44134) resident is $25,302 a year. The US average is $28,555 a year.
- The Median household income of a Parma (zip 44134) resident is $57,861 a year. The US average is $69,021 a year.