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Solon, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,152
Population
$113,295
Median Income
$309,400
Home Value
38.8
Median Age

Demographics

Solon has a population of 3,152 with a median age of 38.8. Here is the racial and ethnic breakdown of the population:

White
95.2%
Other
3.1%
Hispanic
1.7%
Demographic Value
Total Population3,152
Median Age38.8
White95.2%
Hispanic or Latino1.7%
Other / Two or More Races3.1%
Solon, Iowa — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.2%Other: 3.1%Other: 1.7%3,152PopulationWhiteWhite95.2%OtherOther3.1%OtherOther1.7%

Income & Economy

The median household income in Solon is $113,295, which is 40.5% above the national median of $80,610. The per capita income is $43,588. The poverty rate is 3.2%.

$113,295
Median Household Income
$43,588
Per Capita Income
3.2%
Poverty Rate

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Education

In Solon, 96.9% of residents age 25+ have a high school diploma or higher, and 42.4% hold a bachelor's degree or higher (12.9% with a graduate or professional degree).

HS Diploma+
96.9%
Bachelor's+
42.4%
Graduate+
12.9%
Education Level % of Adults (25+)
High School Diploma or Higher96.9%
Bachelor's Degree or Higher42.4%
Graduate or Professional Degree12.9%

Housing

The median home value in Solon is $309,400, above the national median of $303,400. The median monthly rent is $1,127. The homeownership rate is 79.2%.

$309,400
Median Home Value
$1,127/mo
Median Rent
79.2%
Homeownership Rate
Housing Metric Value
Median Home Value$309,400
Median Monthly Rent$1,127
Homeownership Rate79.2%
Vacancy Rate4.4%

Salaries in Iowa

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Frequently Asked Questions

What is the population of Solon, Iowa?
The population of Solon, Iowa is 3,152 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Solon, Iowa?
The median household income in Solon, Iowa is $113,295. This is 40.5% above the national median of $80,610.
What is the median home value in Solon, Iowa?
The median home value in Solon, Iowa is $309,400. The median monthly rent is $1,127.
What percentage of people in Solon have a college degree?
In Solon, Iowa, 42.4% of adults age 25 and older hold a bachelor's degree or higher, and 96.9% have a high school diploma or higher.
Is Solon, Iowa an affordable place to live?
The home price-to-income ratio in Solon, Iowa is 2.7x (median home value $309,400 vs. median income $113,295), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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