Lakewood vs Parma

A side-by-side comparison of Lakewood and Parma: population, income, housing, and more.

Lakewood and Parma are places in Ohio. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Parma has the higher population (80,131 vs 50,229 in Lakewood). Parma has the higher median household income ($67,425 vs $65,925 in Lakewood). Lakewood has the higher median home value ($241,500 vs $157,600 in Parma).

Population, income & housing

	Lakewood	Parma
Population	50,229	80,131
Median age	34.7 yrs	43.2 yrs
Median household income	$65,925	$67,425
Median home value	$241,500	$157,600
Median gross rent	$1,013	$1,053
Housing units	28,973	36,478
Homeownership rate	44.5%	72.8%
Bachelor's degree or higher	53.9%	24.3%
Unemployment rate	5.2%	6.5%

Trends (ACS 5-year, 2019–2023)

	Lakewood	Parma
Population	50,259 → 50,229 (-0.1%)	79,091 → 80,131 (+1.3%)
Median household income	$53,290 → $65,925 (+23.7%)	$57,120 → $67,425 (+18.0%)
Median home value	$158,100 → $241,500 (+52.8%)	$115,500 → $157,600 (+36.5%)
Median gross rent	$797 → $1,013 (+27.1%)	$865 → $1,053 (+21.7%)

Lakewood

Population

50,25950,229

Median household income

$53,290$65,925

Median home value

$158,100$241,500

Median gross rent

$797$1,013

Parma

Population

79,09180,131

Median household income

$57,120$67,425

Median home value

$115,500$157,600

Median gross rent

$865$1,053

Age & race/ethnicity

Age distribution (share)

	Lakewood	Parma
Under 5	4.6%	5.1%
5 to 17	10.0%	12.3%
18 to 24	9.3%	8.8%
25 to 34	26.6%	14.9%
35 to 44	13.1%	11.5%
45 to 54	10.2%	12.9%
55 to 64	11.0%	14.4%
65 to 74	9.6%	12.0%
75 and over	5.4%	8.1%

Race & ethnicity (share)

	Lakewood	Parma
White (non-Hispanic)	83.2%	81.4%
Black or African American	6.2%	4.7%
American Indian & Alaska Native	0.0%	0.0%
Asian	2.4%	2.3%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.3%	0.3%
Two or more races	3.4%	3.1%
Hispanic or Latino	4.5%	8.1%

Educational attainment (age 25+)

Share of adults 25+

	Lakewood	Parma
No high school diploma	4.6%	7.9%
High school graduate	18.3%	35.9%
Some college or associate's	23.1%	32.0%
Bachelor's degree	34.7%	16.6%
Graduate or professional degree	19.2%	7.6%

Commute to work

How workers get to work (share)

	Lakewood	Parma
Drove alone	69.0%	79.0%
Carpooled	5.7%	6.1%
Public transit	2.3%	1.3%
Walked	2.3%	1.3%
Bicycle	0.5%	0.1%
Worked from home	19.0%	10.4%
Other means	1.1%	1.9%

Housing

Units in structure (share)

	Lakewood	Parma
1-unit, detached	36.1%	77.7%
1-unit, attached	4.7%	3.0%
2 to 4 units	21.6%	3.7%
5 to 19 units	12.4%	7.8%
20 or more units	25.1%	7.6%
Mobile home & other	0.1%	0.1%

Poverty & households

	Lakewood	Parma
Poverty rate	10.8%	9.8%
Average household size	1.88	2.28
Mean commute (minutes)	23	24
Median year structure built	1938	1958