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Solon, Ohio

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
23,943
Population
$139,089
Median Income
$392,900
Home Value
45.3
Median Age

Demographics

Solon has a population of 23,943 with a median age of 45.3. Here is the racial and ethnic breakdown of the population:

White
66.4%
Asian
15.8%
Black
9.6%
Other
5.1%
Hispanic
3.1%
Demographic Value
Total Population23,943
Median Age45.3
White66.4%
Black or African American9.6%
Asian15.8%
Hispanic or Latino3.1%
Other / Two or More Races5.1%
Solon, Ohio — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 66.4%Asian: 15.8%Black: 9.6%Other: 5.1%Hispanic/Latino: 3.1%23,943PopulationWhiteWhite66.4%AsianAsian15.8%BlackBlack9.6%OtherOther5.1%Hispanic/LatinoHispanic/Latino3.1%

Income & Economy

The median household income in Solon is $139,089, which is 72.5% above the national median of $80,610. The per capita income is $69,798. The poverty rate is 3.3%.

$139,089
Median Household Income
$69,798
Per Capita Income
3.3%
Poverty Rate

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Education

In Solon, 94.6% of residents age 25+ have a high school diploma or higher, and 65.0% hold a bachelor's degree or higher (33.1% with a graduate or professional degree).

HS Diploma+
94.6%
Bachelor's+
65.0%
Graduate+
33.1%
Education Level % of Adults (25+)
High School Diploma or Higher94.6%
Bachelor's Degree or Higher65.0%
Graduate or Professional Degree33.1%

Housing

The median home value in Solon is $392,900, above the national median of $303,400. The median monthly rent is $1,626. The homeownership rate is 84.3%.

$392,900
Median Home Value
$1,626/mo
Median Rent
84.3%
Homeownership Rate
Housing Metric Value
Median Home Value$392,900
Median Monthly Rent$1,626
Homeownership Rate84.3%
Vacancy Rate3.1%

Salaries in Ohio

Explore salary data for popular occupations in Ohio:

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Other Cities in Ohio

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Frequently Asked Questions

What is the population of Solon, Ohio?
The population of Solon, Ohio is 23,943 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Solon, Ohio?
The median household income in Solon, Ohio is $139,089. This is 72.5% above the national median of $80,610.
What is the median home value in Solon, Ohio?
The median home value in Solon, Ohio is $392,900. The median monthly rent is $1,626.
What percentage of people in Solon have a college degree?
In Solon, Ohio, 65.0% of adults age 25 and older hold a bachelor's degree or higher, and 94.6% have a high school diploma or higher.
Is Solon, Ohio an affordable place to live?
The home price-to-income ratio in Solon, Ohio is 2.8x (median home value $392,900 vs. median income $139,089), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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