Hospitality Management Degree in Parma, OH — Salary & ROI 2026
Hospitality Management 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
$65K
COL-adjusted
ROI Payback
7.4 yrs
in Parma
Cost of Living
90
index (100 = avg)
Hospitality Management in Parma, OH Overview
While Parma has a smaller college scene with 4 institutions, Hospitality Management students benefit from lower tuition costs. Room and board averages $13,857/year, and the car-friendly layout shapes the student experience. Hospitality Management enrollment is stable nationwide, with steady demand for graduates skilled in Guest Relations and Revenue Management. The adjusted starting salary in Parma is approximately $45,000.
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%
Hospitality Management Salary in Parma (COL-Adjusted)
Salaries adjusted for Parma's cost of living index of 90 (national average = 100).
Note: National average Hospitality Management salary: $50,000 starting, $72,000 mid-career, $95,000 senior level.Parma adjustment factor: 0.90x based on the local cost of living index.
Hospitality Management ROI Calculator for Parma
Estimate your return on investment for a Hospitality Management 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
$260,572
Lifetime earnings premium ($360,000) minus total education cost ($99,428)
Student Loan Payoff for Hospitality Management in Parma
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Parma for Hospitality Management
Parma State University
public
$10,847/yr
$43,388 total
Community Colleges (2-Year Transfer)
Parma Community College
$5,562/yr
Top Employers for Hospitality Management in Parma
Parma offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Hospitality Management 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 Hospitality Management Job Titles
Hospitality Management in Nearby Ohio Cities
Columbus, OH
$52K starting · COL 103
31 colleges
Cleveland, OH
$48K starting · COL 96
20 colleges
Cincinnati, OH
$51K starting · COL 102
28 colleges
Toledo, OH
$54K starting · COL 108
16 colleges
Akron, OH
$53K starting · COL 105
5 colleges
Dayton, OH
$52K starting · COL 104
9 colleges
Canton, OH
$42K starting · COL 84
4 colleges
Lorain, OH
$43K 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
Hospitality Management 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 Hospitality Management ROI in other cities, or explore other majors in Parma.