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Parma, ID Real Estate


According to census data in the year 2000 there were 686 housing units in Parma. This represents a 0.1% growth from 685 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 686 were located in what is classified as a rural area.

Homeownership rate in Parma is about 70.2%. Parma's vacancy rate, including seasonal lodging, is about 9.5%. Average household size is 2.86 people.

The majority of houses, apartments or condos in Parma were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom12.20%
Two Bedrooms32.50%
Three Bedrooms42.30%
Four Bedrooms9.50%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1962
Median Value of occupied units$75,100
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1960
Median Monthly Rent asked for vacant units$392

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan7.90%
Simple Mortgage48.70%
Debt Free37%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%