Parma city, Missouri Demographics & Population 2026
As of 2026, Parma city, Missouri has a total population of 552, the 500th largest city in Missouri, with a median household income of $63,500, which is 8% lower than the state average. The poverty rate is 34.1%.
Key Takeaways
- More than 1 in 4 residents live below the poverty line (34.1%), well above the national average of 12.4%.
- Only 6.5% of adults have a bachelor's degree, well below the national average of 35.0%.
- Housing is very affordable with a home-value-to-income ratio of just 0.6x.
- Near full employment with an unemployment rate of just 1.0%.
Parma city Quick Facts
How Parma city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 39 | National average: 60
Education
Educational Attainment (Adults 25+)
Parma city Rankings in Missouri
Explore Missouri Rankings
Cities Similar to Parma city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Washburn city | 561 | $65,125 | $122,100 | 8.6% | 17.1% |
| Wellington city | 553 | $67,404 | $142,000 | 10.5% | 13.3% |
| Freeman city | 572 | $63,750 | $148,400 | 15.5% | 7.9% |
| Asbury city | 531 | N/A | $79,400 | 24.3% | 4.7% |
| Green Ridge city | 594 | $61,838 | $113,700 | 21.8% | 11.8% |
Population Overview
Parma city is a small community located in Missouri. The total population is 552. It ranks as the 500th most populous out of 1,062 cities and towns in Missouri.
Age Demographics
The median age in Parma city is 36.1 years. This is 7% lower than the state median of 38.9 years. With 28.6% of the population under 18, Parma city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Parma city is $63,500. This is 8% lower than the state median of $68,920. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 34.1%. This is 170% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 1.0%. This is 76% lower than the state rate of 4.1%. The median home value is $35,800. Housing costs are 83% lower than the state median of $215,600. With a home-value-to-income ratio of just 0.6x, Parma city is one of the most affordable housing markets in the area. 60.4% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 67.9%.
Race & Ethnicity
Parma city is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Black or African American residents account for 27.9%. The Black or African American population is significantly higher than the state average (27.9% vs 11.0%). The Hispanic or Latino population is significantly higher than the state average (14.9% vs 5.1%).
Education
6.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 80% lower than the state rate of 31.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 74.3%.
Data Sources & Methodology
All demographic data for Parma city, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Parma city, Missouri?
Parma city, Missouri has a population of 552 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Parma city, MO?
The median household income in Parma city is $63,500, which is 19% lower the national median of $78,538.
What is the poverty rate in Parma city, MO?
The poverty rate in Parma city is 34.1%. This means approximately 188 residents live below the federal poverty line.
What is the racial makeup of Parma city, Missouri?
Parma city's population is 44.9% White, 27.9% Black, 14.9% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Parma city, MO?
The median home value in Parma city is $35,800. The home-value-to-income ratio is 0.6x.
How educated is Parma city, Missouri?
6.5% of adults (25+) in Parma city hold a bachelor's degree or higher, and 3.3% hold a graduate or professional degree.