Parma City, Missouri
Population 744

Overview

Housing
Median Home Value
$42,500
Half are $26,800 - $61,900
Median Monthly Owner Costs
$1,023
With a Mortgage
Median Monthly Rent
$533
Includes Utilities
Median Year Housing Built
1967
Employment & Commute
Median Household Income
$25,000
Poverty Rate
35%
Unemployment Rate
16.7%
Education
Percent in Public School
99%
Ages 5-17 Enrolled in School

The city of Parma is one of 15 cities in New Madrid County. It is a rural city located in southeast Missouri near the Mississippi River.

Parma, MO is a Place (City):
Often referred to as cities, places can be categorized as Census Designated Places (CDP) or legal entities. The places that are legal entities provide governmental functions. CDPs have no governmental authority and exist only for statistical purposes. They are similar to legal entities in that they are a concentrated population identifiable by a name. Neither cross state lines, but may extend across county lines. A CDP may not extend into a legal entity.

Housing

1967

Median Year Housing was BuiltAll Housing Including Owner/Renter Occupied and Unoccupied

16.2%

Estimated Abandoned Homes

This estimate includes vacant housing that is not for rent, rented, for sale, sold, for seasonal/recreational/occasional use, or for migrant workers.

47.2%

Home Ownership PercentageOccupied Housing Units

13

Price to Rent RatioOccupied Housing Units

The price to rent ratio compares home values to rental costs. Values over 20 indicate that it is likely more affordable to rent. Values under 15 indicate that it is likely more affordable to buy. Values between 15 and 20 indicate that extra judgment must be taken when making housing decisions. It is calculated as the median home value divided by the median annual contract rent (ie. rent without additional utilities).

$42,500

Median Owner Occupied Home Value

$1,023

Median Monthly Ownership CostsOwner Occupied Housing Units with a Mortgage

Monthly housing costs include mortgage payments, real estate taxes, insurance, utilities, and condo fees. When comparing to monthly rental costs, be careful to also look at the median number of bedrooms. Owner occupied homes generally include more bedrooms than rentals.

1.7

Housing Affordability (Median Multiple)

The median multiple is the ratio of median house price by the median annual household income. In other words, how many years would it take for the median income to pay off the median home price? Higher values indicate that the incomes in the area are not high enough to warrant the higher home prices. Anything under 3 is considered affordable while higher values indicate that housing is not affordable.

$533

Median Monthly Rent and Utility CostsRenter Occupied Housing Units with Housing Costs

Monthly housing costs include rent and utilities. When comparing to monthly ownership costs, be careful to also look at the median number of bedrooms. Owner occupied homes generally include more bedrooms than rentals.

Employment

$25,398

Median Household Income

38.0

Household Income Inequality

Income inequality is measured using the Gini coefficient. Lower values indicate that household income is spread evenly across the income groups. Higher values indicate that one income group is much more common than others.

35%

Poverty Rate

Poverty status uses the standards set by the Office of Management and Budget (OMB). If a family's total income is less than a certain threshold, every person in the family is considered to be in poverty. The threshold varies based on family size, composition, and age.

$15,795

Median Annual Individual EarningsPast 12 months for the Population Ages 16+ With Earnings

95%

Unadjusted Gender Pay GapPopulation Ages 16+ with Earnings

The unadjusted gender pay gap is the median indvidiual female earnings as a percentage of male earnings. In other words, women who work in Parma, MO generally make around 9527% of what men do. Much of that difference is likely due to the number of hours worked (see the Full Time vs Part Time Work chart), occupations chosen (see the Employed by Occupation chart), education, and job experience. Adjusting for each of those factors to see what women with similar qualifications and jobs make compared to men is difficult, but the adjusted pay gap would be more likely to show the difference due to discrimination, difference in ability, or willingness to negotiate pay. For these reasons, differences in the gender pay shown here may be more likely to show the gender ideals in an area than the discriminatory practices. It is also worth noting that the 44% of men and 57% of women ages 16+ that did not have earnings were not included in the calculation.

16.7%

Unemployment RatePopulation Ages 16+ in the Civilian Labor Force

To classify as unemployed, people must not be in the military and must be actively looking for work (also known as the U3 measure of unemployment which is the official unemployment rate). In Parma, MO, 54% of the population ages 16+ are not employed, but are also not looking for work so they are not considered in the unemployment rate. See the Labor Force Participation Rate for more information.

46%

Labor Force Participation RatePopulation Ages 16+

People in the labor force include those in the armed forces as well as civilians who are employed or classified as unemployed. To classify as unemployed, people must be actively looking for work. Common people that are not considered in the labor force are students, homemakers, retired workers, seasonal workers not currently looking for work, and institutionalized people. In Parma, MO, 54% of people are neither employed or looking for work.

Education

Educational AttainmentPopulation Ages 25+

Less than High School Diploma
45%
High School Graduate
49%
Associate's degree
2%
Bachelor's degree
2%
Master's degree
2%
Professional school degree
0%
Doctorate degree
0%

School EnrollmentPopulation Ages 5-17

Not being enrolled in school does not necessarily mean that the student dropped out. Only schools that lead to a high school diploma or college degree are included. Home schoolers were instructed to select private school. Ages 3-4 are not included because preschool programs are not usually mandated by law and only 5% of children in this age range were enrolled in Parma, MO.

Enrolled in Public School
95%
Enrolled in Private School
1%
Not Enrolled in School
3%
99%

Percent Enrolled in Public SchoolPopulation Ages 5-17 Enrolled in School

Demographics

744

Total Population

Life Stages

Children Under 10
11%
Children 10-17
19%
Young Adult Singles
18%
Middle Aged and Married
19%
Seniors
19%
Other
13%

Household Composition

Single female/male families do not necessarily denote single parent households. Single householders living with siblings, their aging parents, or any other relatives would be included.

Married Couples
31%
Single Female Families
35%
Single Male Families
3%
Householder Living Alone
31%
Householder Living with Non-Relative
0%

Race

White
62%
Black
37%
American Indian or Alaskan
0%
Asian
0%
Pacific Islander
0%
Other
0%
Two Plus Races
1%
47

Racial and Ethnic Diversity

The racial and ethnic diversity index measures the probability that any two people chose at random from Parma, MO are of different races or ethnicities where higher numbers represent more diversity. It was developed by the University of North Carolina and USA Today in 1991 and adapted in 2000 to account for differences in Census questions. It uses the same calculation methods as the Gini Index used by the Census Bureau to determine household income inequality.

Climate

The climate estimates use Parma, MO weather from 1971 to 2000 at the nearest official weather station which is located at MALDEN MUNICIPAL AP.

Average Daily Temperatures by Month (°F)

Average Monthly Precipitation (Inches)

Summer High Temps

This weather station's average summer high temps are higher than 76% of other weather stations.

Winter Low Temps

This weather station's average winter low temps are higher than 65% of other weather stations.

Precipitation Levels

This weather station's average precipitation levels are higher than 69% of other weather stations.

Entity Info

PropertySourceValue
State2013 ACSMO
Summary Level2013 ACS160 (place)
Logical Record Number2010 Census0373843
Logical Record Number2013 ACS0012054
Region2013 ACS2
Division2013 ACS4
State FIPS2013 ACS29
Place FIPS2013 ACS56342
Metro Micro Politan Statistical Area Principal City Indicator2010 CensusN
New England City & Town Area Principal City Indicator2010 CensusN
Name2010 CensusParma city
Name2013 ACSParma city, Missouri
Functional Status Code2010 CensusA
Legal Statistical Area Description Code2013 ACS25
State ANSI2010 Census01779791
Place ANSI2010 Census02396155
Full GEOID2013 ACS16000US2956342
GEOID2013 ACS2956342
Population2010 Census713
Population2013 ACS744
Housing Units2010 Census342
Housing Units2013 ACS396
Land Area2010 Census0.7 square miles
Land Area2013 ACS0.6 square miles
Water Area2013 ACS0.0 square miles
Population Density2013 ACS1,166.0 people per sq. mile
Minimum Bounding Rectangle Or Bounding Box2013 ACS[36.605698,-89.830977], [36.617091,-89.810376],
Centroid Or Center Coordinates2013 ACS36.611714762575, -89.818932728916
FIPS Place Class Code2010 CensusC1
Place Size Code2010 Census08