Zip 44130 (Parma Heights, OH) Economy


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equestId":"72f72223-f518-414e-bb47-7ae61981e9fa","resource":"content","data":[{"id":"txt_76c2f9247e734edb98d6e0f99edd4b60","text":", and include a summary of the data\nThe city of Parma Heights, OH is an excellent place to call home thanks to its affordable rental prices and cost of living. The average two bedroom rent in Parma Heights is $1,080 per month which is significantly lower than the US Average of $1,430. Furthermore, the Grocery Cost Index in Parma Heights is 97 versus 100 in the US, making it a great place for budget conscious shoppers. There are plenty of local businesses that make up this vibrant community such as Ohio Homewares Furniture Store, American Legion Post 703 and Baldwin Wallace University. In conclusion, Parma Heights offers affordability along with access to numerous local businesses.

Parma Heights (zip 44130) has an unemployment rate of 5.5%. The US average is 6.0%.

Parma Heights (zip 44130) 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 23.4%, which is lower than the US average of 33.5%.

Tax Rates for Parma Heights (zip 44130)
- The Sales Tax Rate for Parma Heights (zip 44130) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Parma Heights (zip 44130) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Parma Heights (zip 44130)
- The average income of a Parma Heights (zip 44130) resident is $26,432 a year. The US average is $28,555 a year.
- The Median household income of a Parma Heights (zip 44130) resident is $62,377 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParma Heights, OhioUnited States
  5.56
  -10.1%-6.2%
  23.4%33.5%
  8.0%6.2%
  6.0%4.6%
  $33,055$37,638
  $62,377$69,021
  $75,334$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  4.6%6.8%
  12.9%10.0%
  4.2%2.5%
  10.2%11.0%
  6.0%4.8%
  0.5%0.8%
  1.0%1.9%
  6.2%4.7%
  1.9%1.9%
  7.9%7.6%
  0.1%0.1%
  3.9%4.2%
  6.0%9.3%
  16.5%14.0%
  1.6%2.1%
  6.3%7.0%
  5.7%4.8%
  4.4%4.7%
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