Parma, Ohio: commercial real estate data.
Parma is a Census city of 79,870 people across 20.02 square miles of land, in Cuyahoga County. Median household income is $69,295, 72.4 percent of occupied homes are owned, and the SBA record carries 93 7(a) approvals to borrowers here worth $19.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Parma
What Parma is
- Census place typecity
- Land area20.02 sq mi
- Water area0.05 sq mi
- Population per square mile of land3,989
- County holding the largest share of its areaCuyahoga County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parma
How many people live in Parma
- Population79,870
- Median age42.4
- Population under 1813,931
- Share under 1817.4 percent
- Population 65 and over15,795
- Share 65 and over19.8 percent
- Households34,287
- Family households20,654
- Share of households that are families60.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parma
Income and work in Parma
- Median household income$69,295
- Per capita income$36,896
- Civilian labor force45,156
- Employed42,243
- Unemployed2,913 plus or minus 724
- Unemployment rate6.5 percent plus or minus 1.6
- Adults 25 and over58,747
- Adults 25 and over with a high school diploma or higher92.1 percent
- Adults 25 and over with a bachelor degree or higher24.4 percent
- Adults 25 and over with a graduate degree7.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parma
Housing in Parma
- Housing units36,157
- Occupied units34,287
- Vacant units1,870 plus or minus 425
- Vacancy rate5.2 percent plus or minus 1.2
- Owner occupied24,820
- Renter occupied9,467
- Ownership rate72.4 percent
- Median owner-occupied home value$170,100
- Median gross rent, monthly$1,087
- Annual rent as a share of median income18.8 percent
- Single family units29,013
- Share single family80.2 percent
- Units in buildings of two or more7,105
- Share in buildings of two or more19.7 percent
- Mobile homes39 plus or minus 41
- Median year structure built1958
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parma
How Parma gets to work
- Workers 16 and over who commute36,474
- Commuting under 15 minutes7,936
- Share commuting under 15 minutes21.8 percent
- Commuting 30 minutes or more11,788
- Share commuting 30 minutes or more32.3 percent
- Drove alone76.9 percent
- Carpooled6.9 percent
- Public transport1.1 percent plus or minus 0.5
- Walked1.5 percent plus or minus 0.6
- Worked from home11.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parma
SBA loans in Parma (7(a))
- Approvals93
- Gross approval$19,069,400
- Average approval$205,047
- Median approval$80,000
- Ninetieth percentile approval$466,400
- Largest approval$3,219,000
- Jobs supported538
- Jobs per approval5.8
- Loans with a final outcome39
- Paid in full39
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more7.5 percent
- Share to franchises4.3 percent
- Distinct lenders14
- Distinct industries by NAICS41
Counted by borrower city: approvals to borrowers whose address is in Parma, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Parma
SBA loans in Parma (504)
- Approvals9
- Gross approval$4,660,000
- Average approval$517,778
- Median approval$270,000
- Largest approval$1,617,000
- Jobs supported178
- Loans with a final outcome5
- Charged off1
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Parma, in any county, FY2010 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Parma
Flood risk in Parma
- NFIP communityCity of Parma
- NFIP community number390123
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/03/10
The City of Parma participates in the National Flood Insurance Program as community 390123 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cuyahoga County, not Parma
Cuyahoga County context, not Parma figures
- Establishments in Cuyahoga County31,496
- Covered employment, Cuyahoga County705,152
- Average annual pay, Cuyahoga County$75,134
- Housing units permitted, Cuyahoga County1,685
Every figure in this section is published for Cuyahoga County as a whole and is not a measurement of Parma.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Parma questions, answered from the record.
How many people live in Parma, Ohio?
79,870, in 34,287 households. Parma city covers 20.02 square miles of land, which is 3,989 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Parma in?
Cuyahoga County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Parma?
$69,295. The median owner-occupied home is valued at $170,100. Median gross rent is $1,087 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Parma businesses?
93 7(a) approvals totaling $19.1 m since FY2020, across 14 lenders, median approval $80,000, plus 9 504 approvals worth $4.7 m since FY2010. These count approvals to borrowers whose address is in Parma, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Parma borrowers get paid back?
Of the 39 loans that have reached a final outcome, 39 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Parma in the National Flood Insurance Program?
Yes. Parma appears in the FEMA Community Status Book as Parma, city of, community 390123, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Parma figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cuyahoga County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Parma.
Is zoning published for Parma?
No. Nothing on this page presents parcel level zoning.