This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Parma page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 1,836, so Parma should be compared with similar-size places before using broader Idaho averages. Median household income is $47,798, so the best affordability read for Parma is income versus housing, taxes, utilities, and insurance together.
Median home value is $232,400, so ownership costs in Parma should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $955/mo, so renters can compare Parma against ownership costs and nearby rental markets.
Housing and Income Context
For Parma, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values sit in a moderate range where taxes and utilities still change the monthly math.
Use the home value, rent, and income fields together before deciding whether Parma looks more favorable for renting, buying, or comparing with Wilder, ID.
Utility Cost Context
The residential electricity benchmark is $0.130/kWh, so Parma households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Parma is a Idaho state-level EIA benchmark, so it should not be read as a local provider tariff.
For Parma, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $1,496, so Parma buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Parma address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Parma depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Parma, especially when comparing with Wilder, ID.
Population and Demographics
Median age is 39.2, so Parma may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 12.0%, so Parma education context can be useful when reading labor-market and school sections.
Unemployment is 3.6%, so Parma wage and job-market context should be compared with commute options and regional employment centers.
