Parma Hourly Wage & Salary 2026
Parma, OH: $23.85/hr median hourly wage, $49,608 median annual salary, cost of living index 90, and $10.45/hr minimum wage. Calculate take-home pay with federal and Ohio taxes.
Parma Hourly Wage Quick Answer
The median hourly wage in Parma, OH is $23.85/hr, equivalent to $49,608 per year at 2,080 work hours. Entry-level pay estimates around $14.79/hr, senior-level pay estimates around $33.87/hr, and the local minimum wage is $10.45/hr.
Median Salary
$49,608
$23.85/hr
Cost of Living
90
US avg = 100
Minimum Wage
$10.45
per hour
Unemployment
3.8%
rate
Parma, OH Overview
Population
79,167
Median Salary
$49,608
Average Salary
$55,561
Avg Commute
20 min
Median Home Price
$170,000
Median Rent
$720/mo
Job Growth
+2.3%
Sales Tax
5.75%
Parma is located in Ohio with a population of 79,167. The median household salary is $49,608 per year ($23.85/hour), which is $9,776 below the national median of $59,384. The average commute time is 20 minutes, and the city has a job growth rate of +2.3%.
Parma Salary by Experience Level (2026)
Wage distribution in Parma, OH based on BLS percentile breakdown of the $49,608 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $30,757 | $14.79/hr | 0–2 years |
| Mid-Level (Median) | $49,608 | $23.85/hr | 3–7 years |
| Senior-Level | $70,443 | $33.87/hr | 8–15 years |
| Top 10% (90th Percentile) | $88,302 | $42.45/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Parma Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Parma, OH, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$39,336
$3,278.03/month · $1,512.94/biweekly · Effective Rate: 20.7%
Gross Pay
$49,608
Federal Tax
-$3,773
State Tax
-$1,736
Local Tax
-$967
FICA
-$3,795
Net Pay
$39,336
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,134.00 | $49,608.00 |
| Federal Income Tax | -$314.41 | -$3,772.96 |
| Ohio State Tax (3.5%) | -$144.69 | -$1,736.28 |
| Local Tax (1.95%) | -$80.61 | -$967.36 |
| Social Security (6.2%) | -$256.31 | -$3,075.70 |
| Medicare (1.45%) | -$59.94 | -$719.32 |
| Net Take-Home Pay | $3,278.03 | $39,336.39 |
Salary Comparison: Parma vs Other Cities
See how Parma's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Parma, OH | $49,608 | 90 | $55,120 |
| National Average | $59,384 | 100 | $59,384 |
| Shelby Township, MI | $49,608 | 86.1 | $57,617 |
| Miami Beach, FL | $49,615 | 104.1 | $47,661 |
| Enterprise, NV | $49,598 | 103.8 | $47,782 |
| Battle Creek, MI | $49,644 | 94.5 | $52,533 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Parma
Parma's cost of living index is 90 (national average = 100). Living in Parma is 10% less expensive than the national average.
Median Home Price
$170,000
Median Monthly Rent
$720
Annual Rent Cost
$8,640
Your Salary's Purchasing Power
Your $39,336 annual take-home pay in Parma has the purchasing power of approximately $43,707 in an average-cost US area. Your $49,608 salary stretches further here than in most US cities.
Top Industries in Parma
Parma's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $49,608.
Salary Tips for Parma Workers
- Research top industries. Parma's top industries include Manufacturing, Healthcare, Finance. Targeting roles in these sectors can help you earn above the $49,608 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Parma salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Parma-OH metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Parma indexed at 90.
- Median salary calculation: weighted average of Parma's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $49,608 annual median.
- Tax burden reflects Ohio state income tax (3.5%), plus Parma local tax of 1.95%, sales tax (5.75%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Parma: 3.8%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Manufacturing, Healthcare, Finance — based on QCEW employment concentration data.
- Job growth: 2.3% projected through 2034, derived from BLS Employment Projections program for Ohio.
- Housing context: median home price $170,000, median rent $720/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Parma, OH:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Parma unemployment rate
- U.S. Census Bureau — Parma QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Ohio — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Parma's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Ohio labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the hourly wage in Parma, OH?
The median hourly wage in Parma, OH is $23.85 per hour. At a standard 2,080-hour work year, that equals about $49,608 per year. Entry-level workers are estimated around $14.79/hr, while senior-level workers are estimated around $33.87/hr before overtime, bonuses, or benefits.
What is the median salary in Parma, OH?
The median salary in Parma, OH is $49,608 per year, or $23.85 per hour. The average salary is $55,561. This is $9,776 below the national median of $59,384.
What is the cost of living in Parma, OH?
Parma's cost of living index is 90 (national average = 100), meaning it is 10% less expensive compared to the national average. The median home price is $170,000 and the median monthly rent is $720.
What are the best industries in Parma?
The top industries in Parma, OH include Manufacturing, Healthcare, Finance. The city has a job growth rate of 2.3% and an unemployment rate of 3.8%. Workers in these industries often earn above the city's median salary of $49,608.
How does Parma's salary compare to other cities?
Parma's median salary of $49,608 is 16.5% below the national median of $59,384. However, when adjusted for cost of living (index: 90), the real purchasing power is approximately $55,120.
What is the minimum wage in Parma, OH?
The minimum wage in Parma, OH is $10.45 per hour. This equals approximately $21,736 per year for a full-time worker (40 hours/week). This is $3.20 above the federal minimum wage of $7.25/hour.