Parma vs Lorain: Housing
| Parma | Lorain | |
|---|---|---|
| Median Home Value | $170,100 | $139,200 |
| Median Gross Rent | $1,087/mo | $887/mo |
| Homeownership Rate | 72.4% | 57.1% |
| Rent as Share of Income | 18.8% | 21.9% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.
| Parma | Lorain | |
|---|---|---|
| Median Home Value | $170,100 | $139,200 |
| Median Gross Rent | $1,087/mo | $887/mo |
| Homeownership Rate | 72.4% | 57.1% |
| Rent as Share of Income | 18.8% | 21.9% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.