Sixteen Mile Stand vs Parma: Housing
| Sixteen Mile Stand | Parma | |
|---|---|---|
| Median Home Value | $622,500 | $170,100 |
| Median Gross Rent | $1,790/mo | $1,087/mo |
| Homeownership Rate | 51.2% | 72.4% |
| Rent as Share of Income | 17.0% | 18.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.