Lakewood vs Parma
| Lakewood | Parma | |
|---|---|---|
| Population | 50,605 | 80,587 |
| Median Household Income | $68,954 | $69,295 |
| Median Home Value | $262,200 | $170,100 |
| Median Gross Rent | $1,070/mo | $1,087/mo |
| Homeownership Rate | 44.4% | 72.4% |
| Unemployment Rate | 5.0% | 6.4% |
| Bachelor's Degree or Higher | 55.3% | 24.4% |
| Median Age | 35.5 | 42.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.