Parma, Michigan.
Typical home $255,744 (+3.5% in a year). Jackson, MI metro.
to buy the typical home at today's mortgage rate — +$711 (+113%) since Jan 2020.
- 1 year
- Up $8,757 +4%
- $246,986$255,744 since Sep 2025
- 5 years
- Up $45,696 +22%
- $210,048$255,744 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Parma$1,342
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Parma, MI rose 3.5% over the past year — faster than the nation's +1.2%.
Living in Parma, Jackson County, Michigan
Parma is a village of 780 people in Jackson County. Half its households earn more than $71,250 a year and half less, against $66,073 across Jackson County; 16% of its people live below the poverty line. Unemployment in Jackson County was 5.0% in August 2026, and the county had 0.9% fewer jobs in 2025 than the year before. The most people in Jackson County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Parma is a very small village in Jackson County, Michigan, where neighbors are likely to know one another. Household incomes run above the county's, though more residents live below the poverty line than most would expect in a place with those incomes. Winters are cold, with January the coldest month, and summers are warm, with July the warmest. Precipitation is spread through the year as rain and melted snow.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops, and restaurants and hotels also common. Across Jackson County, some of the largest workplaces are W.A. Foote Memorial Hospital, Eaton, which makes aerospace fluid distribution components, and Jackson ISD, the school district. Commutes are fairly typical, and few people work from home. The job market across the county has softened a little, and unemployment there is slightly lower than a year ago.
Things to do. Cascade Falls, a waterfall, and the Michigan Theatre are both a short drive away. For a longer outing, Waterloo State Recreation Area is a protected area that is a longer drive away, and Clark Lake offers a day by the water, also a longer drive away.
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- 22%of adults have a degree
- 16%below the poverty line
- 21 mintypical commute
- 4%work from home
What people in Jackson County work in
Employed residents by industry, from the Census survey. Jackson County had 55,466 jobs in 2025, 0.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 18°; warmest in July, with highs near 82° and lows near 61°. About 32 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Jackson Reynolds Field weather station, 4 miles away (NOAA).
Largest workplaces in Jackson County
- W.a. Foote Memorial HospitalGeneral hospital3,087FTE
- EatonMfgr of aero fluid distribution comp866
- TAC ManufacturingOil filters, automotive, truck, and bus, manufacturing822
- One Energy PlazaCorporate offices818
- Michigan Automotive CompressorCompressors, motor vehicle air-conditioning, manufacturing670
- Jackson ISDSchool district654FTE
- Jackson Public SchoolsSchool district628FTE
- Consumers EnergyCorporate offices592
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 155 workplaces with 20 or more staff, 21,479 people in all across the county; Parma has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesRelatively high
- Strong windRelatively high
- HailRelatively moderate
- Ice stormsRelatively moderate
- Cold wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Parma’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Jackson County and the Jackson, MI metro.
Parma home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Parma$255,744
- Michigan$263,760
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Parma13
Zip codes with a Parma address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Parma — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.