Newark vs Parma: Housing
| Newark | Parma | |
|---|---|---|
| Median Home Value | $192,300 | $170,100 |
| Median Gross Rent | $973/mo | $1,087/mo |
| Homeownership Rate | 55.8% | 72.4% |
| Rent as Share of Income | 18.9% | 18.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.
| Newark | Parma | |
|---|---|---|
| Median Home Value | $192,300 | $170,100 |
| Median Gross Rent | $973/mo | $1,087/mo |
| Homeownership Rate | 55.8% | 72.4% |
| Rent as Share of Income | 18.9% | 18.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.