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ZipNumbers

Missouri · Census place 56342

Parma city, MO

Quick answer

Parma city has 552 residents, ranking #500 of 1082 places in Missouri. Median household income is $63,500, the median home is worth $35,800 and median gross rent runs $670 a month.

Population
552Parma city residents
Median household income
$63,500Past 12 months, inflation adjusted
Median home value
$35,800Owner-occupied units
Median gross rent
$670Rent plus utilities, monthly
Median age
36.1 yrsAll residents
Homeownership rate
60.4%Owner-occupied households

What the numbers mean in Parma city

Housing cost measured against local earnings.

A household earning the Parma city median would spend about 12.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 0.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 34.1% of residents and 60.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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