Parma Heights, OH Real Estate
According to census data in the year 2000 there were 10,263 housing units in Parma Heights.
This represents a 7.5% growth from 9,544 in 1990.
Of those housing units, 10,263 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Parma Heights is about 59.9%.
Parma Heights's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Parma Heights were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 16.80% |
| Two Bedrooms | 27.80% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $114,700 |
| Median Price asked for vacant units | $106,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $617 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 40.90% |
| Debt Free | 40.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.7% |
