This was 7.3 percent lower than the state average of 39.6 percent. In 2020 the total municipality population reached 538.
90.2 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Parma for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 37 | 9.8 |
| Regular high school diploma | 112 | 29.6 |
| GED or alternative credential | 28 | 7.4 |
| Some college, less than 1 year | 26 | 6.9 |
| Some college, 1 or more years, no degree | 53 | 14 |
| Associate's degree | 49 | 13 |
| Bachelor's degree | 42 | 11.1 |
| Master's degree | 27 | 7.1 |
| Professional school degree | 2 | 0.5 |
| Doctorate degree | 2 | 0.5 |
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