Lorain vs Parma
| Lorain | Parma | |
|---|---|---|
| Population | 65,138 | 80,587 |
| Median Household Income | $48,685 | $69,295 |
| Median Home Value | $139,200 | $170,100 |
| Median Gross Rent | $887/mo | $1,087/mo |
| Homeownership Rate | 57.1% | 72.4% |
| Unemployment Rate | 6.3% | 6.4% |
| Bachelor's Degree or Higher | 14.8% | 24.4% |
| Median Age | 39.8 | 42.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.