Parchment vs Livonia: Housing
| Parchment | Livonia | |
|---|---|---|
| Median Home Value | $184,000 | $281,100 |
| Median Gross Rent | $1,045/mo | $1,322/mo |
| Homeownership Rate | 58.0% | 87.2% |
| Rent as Share of Income | 17.2% | 16.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.