Ohio · Midwest · 21k residents
Parma Heights, OH: economy, jobs & business costs
The site-selection read on Parma Heights: labor costs, talent, corporate tax, energy, and business activity, with the Ohio median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,313/wk. Ohio's corporate income tax rate is 0%. Commercial electricity averages 10.7¢/kWh.
Compare Parma Heights side by side
Avg. weekly wage
$1,313/wk
Corporate income tax
0%
Bachelor's degree or higher
27.5%
Commercial electricity
10.7¢/kWh
Economic momentum
We don't yet track economic momentum for Parma Heights. It will rank business formation, jobs, and building-permit growth against the US cities we track.
| ACS median home value | $175,100 |
| Price per sq. ft. | $145 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $933/mo |
| 2-bedroom rent | $1,173/mo |
| State & local income tax | 3.91% |
| Sales tax | 7.25% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,313/wk |
| Bachelor's degree or higher | 27.5% |
| Commercial electricity | 10.7¢/kWh |
| Businesses per 1k residents | — |
| Wage: Software developer | $114,090 |
| Wage: Registered nurse | $82,510 |
| Wage: General manager | $97,700 |
| Wage: Customer service | $45,610 |
| Wage: Warehouse worker | $37,130 |
| Wage: Heavy truck driver | $59,800 |
| Wage: Electrician | $64,700 |
| Wage: Retail salesperson | $30,800 |
| Cost of living index | 80 |
| Groceries index | 95 |
| Utilities | $160/mo |
| Transit pass | $60/mo |
| Gas price | $3.15/gal |
| Healthcare index | 95 |
| Childcare (per child) | $950/mo |
| Median household income | $61,009 |
| Unemployment rate | 3.9% |
| Population | 21k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 30/100 |
| Disaster risk | — |
| Avg. commute | 24 min |
| Sunny days / year | 175 days |
| July high | 84°F |
| January low | 22°F |
| Annual snowfall | 64 in |
| Home price YoY | +5.7% |
| Home price MoM | +0.2% |
| Rent YoY | +3.1% |
| Rent MoM | +0.6% |
| Employment (jobs) YoY | — |
| Building permits YoY | — |
| Ocean coast | 398 mi |
| Big lake | 9 mi |
| Mountains | 220 mi |
| Major airport | 5 mi |
| Ski resort | 160 mi |
Popular comparisons
Nearby
- Parma, OH · 80k
- Brook Park, OH · 18k
- Middleburg Heights, OH · 16k
- North Royalton, OH · 31k
- Berea, OH · 18k
Similar size
- Painesville, OH · 21k
- Piqua, OH · 21k
- Sidney, OH · 21k
- Forest Park, OH · 20k
- Mayfield Heights, OH · 20k
Real listings in Parma Heights
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Parma Heights a good place to run a business?
- Ohio's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,313/wk; commercial electricity averages 10.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Parma Heights, OH?
- Parma Heights indexes at 80 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,173/mo and a acs median home value of $175,100.
- How much does a house cost in Parma Heights?
- The acs median home value in Parma Heights is $175,100 (Census ACS estimate; individual listings vary).
- How much is rent in Parma Heights?
- A two-bedroom in Parma Heights rents for about $1,173/mo.