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Parma Heights OH Multi-family Properties For Sale

The median home value in Parma Heights, OH is $166,300. This is lower than the county median home value of $177,200. The national median home value is $338,100. The average price of homes sold in Parma Heights, OH is $166,300. Approximately 53.62% of Parma Heights homes are owned, compared to 39.77% rented, while 6.61% are vacant. Parma Heights real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Parma Heights real estate agent to arrange a tour today!

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Statistics & facts

20,764 Population
$166K Medium Home Value
9,268 # of Households
6.61% Housing Vacancy
40.92% Future Job Growth
3.60% Unemployment Rate


Population

Parma Heights has a population of approximately 20,764 and experiences a population change rate of -4.13%. The population density is 4,954.4 / sq mi.

Household

The median household income for Parma Heights is $53,642, with 9,268 households and an average household size of 2.22.

Cost of Living

The cost of living index in Parma Heights is 87.9%.

Home Value

The median value of a home in Parma Heights is $166,300 with an appreciation rate of 12.6%. 53.6% of housing in the city is owned while 39.8% is rented.

Employment

The unemployment rate in Parma Heights is 3.60%, and recent job growth is at 2.01%. Future job growth is projected at 40.92%.

Taxes

The sales tax rate in Parma Heights is 8.00%, while the income tax rate is 3.23%.

Education

School expenditures in Parma Heights are $20,172, and the school ratio is 17.7:1.

Weather

The average high temperature in July is 83.2 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 38.4 inches per year, with 53.4 inches of snow per year.

Education near Parma Heights OH

Metric City County
High School Graduates 91.4 90.72
College Degree - 2 year 9.52 8.03
College Degree - 4 year 26.49 34.38
Graduate Degree 7.24 9.69
Expenditures per Student $20,172 $20,172
Students per Teacher 17.70 17.70

Elementary Schools near Parma Heights OH

School Grades Students P/T Ratio ZIP
Artemus Ward PK - 08 506 16 44135
Big Creek Elementary School PK - 04 639 17.5 44130
Brook Park Memorial Elementary School PK - 04 666 17.6 44142
Brookview Elementary School PK - 04 433 18.1 44142
Clara E Westropp School PK - 08 399 13.6 44135
Constellation Schools: Puritas Community Elementary KG - 04 198 17.2 44135
Douglas Macarthur PK - 08 321 15.6 44135
Grindstone Elementary School PK - 04 907 19.7 44017
Parkview First Step Preschool PK - PK 219 15.1 44129
Parma Park Elementary School KG - 04 322 18.8 44130
Pleasant Valley Elementary School KG - 04 855 16.6 44130
Renwood Elementary School KG - 04 325 17.4 44129
Ridge-Brook Elementary School KG - 04 403 15.7 44129
Robinson G Jones Elementary School PK - 08 455 12.8 44135
Thoreau Park Elementary School KG - 04 462 15.9 44129
Valley View Elementary School PK - 08 178 16.8 44135
West Park Academy KG - 08 318 18.8 44135
West Preparatory Academy KG - 08 251 18.8 44135

Middle Schools near Parma Heights OH

School Grades Students P/T Ratio ZIP
Constellation Schools: Puritas Community Middle 05 - 08 147 14.9 44135
Ford Intermediate School 05 - 06 926 17.4 44142
Greenbriar Middle School 05 - 07 925 15.2 44130
Middleburg Heights Junior High 07 - 09 1501 16.6 44130

High Schools near Parma Heights OH

School Grades Students P/T Ratio ZIP
Berea-Midpark High School 10 - 12 1670 20.7 44017
John Marshall High School 06 - 12 961 16.4 44135
Parma High School 08 - 12 1781 17.6 44129
Quest Community School 09 - 12 61 18.5 44130
Valley Forge High School 08 - 12 1593 16.7 44130

Ungraded Schools near Parma Heights OH

School Grades Students P/T Ratio ZIP
Constellation Schools: Parma Community KG - 12 1230 16.1 44129
Summit Academy Community School-Parma KG - 12 196 6.6 44130