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Healthcare Administration Degree in Parma, OH — Salary & ROI 2026

Healthcare Administration degree analysis for Parma, OH. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$45K

COL-adjusted

Mid-Career

$74K

COL-adjusted

ROI Payback

7.4 yrs

in Parma

Cost of Living

90

index (100 = avg)

Healthcare Administration in Parma, OH Overview

While Parma has a smaller college scene with 4 institutions, Healthcare Administration students benefit from lower tuition costs. Room and board averages $13,857/year, and the car-friendly layout shapes the student experience. Healthcare Administration has seen growing enrollment nationally, reflecting rising employer demand for Healthcare Policy and Budgeting skills. The adjusted starting salary in Parma is approximately $45,000, growing to $73,800 by mid-career.

Category

Healthcare

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%

Healthcare Administration Salary in Parma (COL-Adjusted)

Salaries adjusted for Parma's cost of living index of 90 (national average = 100).

Entry Level (0-2 yrs)
$45,000($-5,000 vs national)
Mid Career (5-9 yrs)
$73,800($-8,200 vs national)
Senior Level (15+ yrs)
$94,500($-10,500 vs national)

Note: National average Healthcare Administration salary: $50,000 starting, $82,000 mid-career, $105,000 senior level.Parma adjustment factor: 0.90x based on the local cost of living index.

Healthcare Administration ROI Calculator for Parma

Estimate your return on investment for a Healthcare 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

$13,500

vs HS diploma in Parma

ROI Payback Period

7.4 years

to break even

Lifetime Return in Parma

$440,572

Lifetime earnings premium ($540,000) minus total education cost ($99,428)

Student Loan Payoff for Healthcare Administration in Parma

Standard Plan (10 years)

Loan Amount$99,428
Monthly Payment$1,129
Total Interest$36,050
% of Monthly Income30%

Aggressive Plan (5 years)

Loan Amount$99,428
Monthly Payment$1,945
Total Interest$17,297
Interest Savings$18,753

Colleges in Parma for Healthcare 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 Healthcare Administration in Parma

Parma offers opportunities in Hospitals, Medical centers, Private practices for Healthcare Administration graduates. National top employers in this field include:

HCA HealthcareKaiser PermanenteUnitedHealth GroupHospitalsInsurance Companies

Key Parma Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Healthcare Administration Job Titles

Hospital AdministratorHealth Services ManagerPractice Manager

Healthcare 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 Healthcare Administration ROI in other cities, or explore other majors in Parma.

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