Also See Parma, MI: ZIP Codes & Maps
The Village of Parma had a population of 784 as of July 1, 2023.
The primary coordinate point for Parma is located at latitude 42.2584 and longitude -84.5997 in Jackson County. The formal boundaries for the Village of Parma encompass a land area of 1.06 sq. miles and a water area of 0 sq. miles. Jackson County is in the Eastern time zone (GMT -5).
The Village of Parma has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Village of Parma is located within Township of Sandstone, a minor civil division (MCD) of Jackson County.
POPULATION | |
---|---|
Total Population | 784 (100%) |
Population in Households | 765 (97.6%) |
Population in Families | 638 (81.4%) |
Population in Group Quarters1 | 19 ( 2.4%) |
Population Density | 747 |
Diversity Index2 | 29 |
INCOME | |
Median Household Income | $82,049 |
Average Household Income | $92,639 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $30,981 |
Wealth Index5 | 73 |
Socioeconomic Status Index6 | Moderate (56.8) |
HOUSING | |
---|---|
Total HU (Housing Units) | 292 (100%) |
Owner Occupied HU | 215 (73.6%) |
Renter Occupied HU | 47 (16.1%) |
Vacant Housing Units | 30 (10.3%) |
Median Home Value | $201,339 |
Average Home Value | $238,256 |
Housing Affordability Index3 | 152 |
HOUSEHOLDS | |
Total Households | 262 |
Average Household Size | 2.92 |
Family Households | 205 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.16% | 0.20% |
Households | 0.47% | 0.60% |
Families | 0.39% | |
Median Household Income | 2.76% | |
Per Capita Income | 2.98% | |
Owner Occupied HU | 0.91% |
The table below compares Parma to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 478 | 36th |
Population Density | # 417 | 44th |
Median Household Income | # 96 | 87th |
Housing Affordability Index | # 557 | 75th |
Per Capita Income | # 445 | 40th |
Diversity Index | # 249 | 66th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.
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