01 - Taxes
Retirement Tax Treatment
Ohio does not tax Social Security benefits, which helps retirees on fixed income keep more of what they've earned.
Source · Tax Foundation
8
Fact text
- Parma got its name because a doctor returned from Italy so impressed by Parma, Italy that he convinced locals 'Greenbriar' simply wasn't good enough.
- Parma Heights incorporated as a village basically just to get a town marshal who could shut down one rowdy Sunday saloon.
- By 1956, Parma was officially the fastest-growing city in the entire United States, going from under 29,000 to nearly 83,000 residents in just one decade.
- Parma is the largest suburb in all of Ohio, yet most people outside Cleveland have never heard of it.
Your
Parma
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
78623
+
Total Population
$
58011
Median Income
$
118600
Median Home
20
%
Age 65+
Retirement Suitability
How
Parma
ranks for retirees?
54
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
99
Healthcare
82
Climate
15
Results
Parma
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
7
% on 5-year terms, with most landing between
5
% and
5
%.
Source · Cannex
99
03 - Healthcare
Hospital Access & Quality
The area has
14
Medicare-certified hospitals, averaging a
4
/5 CMS quality rating.
Source · CMS Hospital Compare
4
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
81
°F, winters dip to about
24
°F, with roughly
68
″ of snow a year.
Source · NOAA Climate Normals
Cold / Snowy
05 - Risk
Natural Disaster Risk
FEMA's overall natural-disaster risk rating for this county on the National Risk Index.
Source · FEMA National Risk Index
Relatively High
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