$LevyIO

Taxes in Parma, Ohio

Complete tax guide for Parma, OH. State income tax up to 3.5%, 1.58% property tax, 7.5% sales tax. Calculate your total tax burden.

State Income Tax

3.5%

Ohio

Property Tax

1.58%

Effective rate

Sales Tax

7.5%

Combined rate

Tax Burden

Moderate

Parma, OH Tax Overview

Parma city income tax of 2.5%

Population

78,103

Median Income

$50,818

Cost of Living

82.3 (100 = avg)

State Income Tax

3.5%

Local Income Tax

2.5%

Median Home Price

$130,000

Parma Tax Calculator

Pre-filled with Parma median: $50,818

Total Tax Burden in Parma

$10,996

Take-Home: $39,822 · Effective Rate: 21.64%

Federal Tax

$4,060

7.99% eff.

OH State + Local

$3,049

6.00% eff.

FICA

$3,888

7.65% eff.

Take-Home

$39,822

78.36% kept

Tax Breakdown

Take-Home 78.36%
OH
FICA
Take-Home Federal Tax OH State + Local Tax FICA
ItemAnnualMonthly
Gross Income$50,818.00$4,234.83
Federal Income Tax-$4,059.66-$338.31
Ohio State Tax-$1,778.63-$148.22
Parma Local Tax (2.5%)-$1,270.45-$105.87
Social Security (6.2%)-$3,150.72-$262.56
Medicare (1.45%)-$736.86-$61.41
Take-Home Pay$39,821.68$3,318.47

Property Tax in Parma

Median Home

$130,000

Annual Tax

$2,054

Monthly Tax

$171

Effective Rate

1.58%

vs. National Average (1.1%)+$624/yr
Median Property Tax Paid$2,054/yr

Sales Tax in Parma

Combined Rate

7.5%

State Portion

~5.0%

Local Portion

~2.5%

The combined sales tax rate in Parma is 7.5%, which is above the national average of 7.12%. On a $100 purchase, you would pay $7.50 in sales tax.

Tax Burden Comparison

Tax TypeParmaOhio AvgNational Avg
Income Tax3.5% + 2.5%3.5%4.6%
Property Tax1.58%~1.58%1.1%
Sales Tax7.5%~7.5%7.12%
Overall BurdenModerateModerate

Tax Saving Tips for Parma Residents

  • Ohio's income tax rate of 3.5% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
  • Parma has a local income tax of 2.5%. If you work remotely, verify whether you owe city tax based on where you work or where you live. Some cities only tax people who work within city limits.
  • Property tax in Parma (1.58%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Ohio Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Parma, OH?

Parma, Ohio has a state income tax rate up to 3.5%, plus a local income tax of 2.5%. The property tax rate is 1.58% and the combined sales tax rate is 7.5%. Parma city income tax of 2.5%

How much is property tax in Parma?

The effective property tax rate in Parma is 1.58%. On the median home price of $130,000, this equals approximately $2,054 per year or $171 per month. This is above the national average of 1.1%.

What is the sales tax rate in Parma?

The combined sales tax rate in Parma is 7.5%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Parma's tax burden compare to other cities?

Parma has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 28.1%. The combination of 3.5% state income tax, 1.58% property tax, and 7.5% sales tax determines the total burden. Cost of living index is 82.3 (100 = national average).

Are there any local taxes in Parma?

Yes. Parma imposes a local income tax of 2.5% in addition to the state income tax of 3.5%. Parma city income tax of 2.5%