Business Administration Degree in Parma, OH — Salary & ROI 2026
Business Administration degree analysis for Parma, OH. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$52K
COL-adjusted
Mid-Career
$79K
COL-adjusted
ROI Payback
4.8 yrs
in Parma
Cost of Living
90
index (100 = avg)
Business Administration in Parma, OH Overview
While Parma has a smaller college scene with 4 institutions, Business Administration students benefit from lower tuition costs. Room and board averages $13,857/year, and the car-friendly layout shapes the student experience. Business Administration enrollment is stable nationwide, with steady demand for graduates skilled in Leadership and Strategic Planning. The adjusted starting salary in Parma is approximately $52,200, growing to $79,200 by mid-career.
Category
Business
Local Colleges
4
Public Tuition
$11,000/yr
Private Tuition
$34,000/yr
Room & Board
$13,857/yr
Avg Fin. Aid
$15,347/yr
Unemployment
4.1%
Graduation Rate
62%
Business Administration Salary in Parma (COL-Adjusted)
Salaries adjusted for Parma's cost of living index of 90 (national average = 100).
Note: National average Business Administration salary: $58,000 starting, $88,000 mid-career, $115,000 senior level.Parma adjustment factor: 0.90x based on the local cost of living index.
Business Administration ROI Calculator for Parma
Estimate your return on investment for a Business Administration degree using local Parma tuition and cost of living data.
Public avg: $11,000 | Private avg: $34,000
Parma avg aid: $15,347/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$99,428
tuition + room & board - aid
Annual Earnings Premium
$20,700
vs HS diploma in Parma
ROI Payback Period
4.8 years
to break even
Lifetime Return in Parma
$485,572
Lifetime earnings premium ($585,000) minus total education cost ($99,428)
Student Loan Payoff for Business Administration in Parma
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Parma for Business Administration
Parma State University
public
$10,847/yr
$43,388 total
Community Colleges (2-Year Transfer)
Parma Community College
$5,562/yr
Top Employers for Business Administration in Parma
Parma offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Business Administration graduates. National top employers in this field include:
Key Parma Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Business Administration Job Titles
Business Administration in Nearby Ohio Cities
Columbus, OH
$60K starting · COL 103
31 colleges
Cleveland, OH
$56K starting · COL 96
20 colleges
Cincinnati, OH
$59K starting · COL 102
28 colleges
Toledo, OH
$63K starting · COL 108
16 colleges
Akron, OH
$61K starting · COL 105
5 colleges
Dayton, OH
$60K starting · COL 104
9 colleges
Canton, OH
$49K starting · COL 84
4 colleges
Lorain, OH
$49K starting · COL 85.2
3 colleges
Other Business Majors in Parma
Business Analytics
$70K starting · 2 yr ROI
Finance
$63K starting · 3.5 yr ROI
Economics
$59K starting · 4 yr ROI
Information Systems
$45K starting · 3.3 yr ROI
Supply Chain Management
$45K starting · 3.5 yr ROI
Operations Management
$45K starting · 3.8 yr ROI
Accounting
$56K starting · 3.8 yr ROI
Real Estate
$45K starting · 4 yr ROI
Business Administration Degree in Parma — FAQ
Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.
Explore More
Compare Business Administration ROI in other cities, or explore other majors in Parma.