New London vs Parma: Housing
| New London | Parma | |
|---|---|---|
| Median Home Value | $114,200 | $170,100 |
| Median Gross Rent | $805/mo | $1,087/mo |
| Homeownership Rate | 67.9% | 72.4% |
| Rent as Share of Income | 19.3% | 18.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.