Also See Parma, MI: ZIP Codes & Maps
The Village of Parma had a population of 768 as of July 1, 2024.
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 | 768 (100%) |
Population in Households | 749 (97.5%) |
Population in Families | 603 (78.5%) |
Population in Group Quarters1 | 19 ( 2.5%) |
Population Density | 732 |
Diversity Index2 | 28 |
INCOME | |
Median Household Income | $86,050 |
Average Household Income | $94,650 |
% of Income for Mortgage4 | 16% |
Per Capita Income | $31,948 |
Wealth Index5 | 78 |
Socioeconomic Status Index6 | Moderate (56.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 289 (100%) |
Owner Occupied HU | 212 (73.4%) |
Renter Occupied HU | 47 (16.3%) |
Vacant Housing Units | 30 (10.4%) |
Median Home Value | $212,857 |
Average Home Value | $272,170 |
Housing Affordability Index3 | 153 |
HOUSEHOLDS | |
Total Households | 259 |
Average Household Size | 2.89 |
Family Households | 173 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | -0.36% | -0.18% |
Households | 0.09% | 0.23% |
Families | 2.00% | |
Median Household Income | 3.65% | |
Per Capita Income | 3.44% | |
Owner Occupied HU | 1.55% |
The table below compares Parma to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2024 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 | # 482 | 35th |
Population Density | # 425 | 43rd |
Median Household Income | # 112 | 85th |
Housing Affordability Index | # 591 | 79th |
Per Capita Income | # 489 | 34th |
Diversity Index | # 267 | 64th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.
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