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Solvay, New York

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
6,544
Population
$61,166
Median Income
$150,000
Home Value
38.9
Median Age

Demographics

Solvay has a population of 6,544 with a median age of 38.9. Here is the racial and ethnic breakdown of the population:

White
82.7%
Hispanic
11.4%
Black
6.4%
Asian
1.2%
Demographic Value
Total Population6,544
Median Age38.9
White82.7%
Black or African American6.4%
Asian1.2%
Hispanic or Latino11.4%
Solvay, New York — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 102.White: 81.3%Hispanic/Latino: 11.2%Black: 6.3%Other: 1.2%6,544PopulationWhiteWhite81.3%Hispanic/LatinoHispanic/Latino11.2%BlackBlack6.3%OtherOther1.2%

Income & Economy

The median household income in Solvay is $61,166, which is 24.1% below the national median of $80,610. The per capita income is $38,983. The poverty rate is 6.9%.

$61,166
Median Household Income
$38,983
Per Capita Income
6.9%
Poverty Rate

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Education

In Solvay, 85.7% of residents age 25+ have a high school diploma or higher, and 24.0% hold a bachelor's degree or higher (8.9% with a graduate or professional degree).

HS Diploma+
85.7%
Bachelor's+
24.0%
Graduate+
8.9%
Education Level % of Adults (25+)
High School Diploma or Higher85.7%
Bachelor's Degree or Higher24.0%
Graduate or Professional Degree8.9%

Housing

The median home value in Solvay is $150,000, below the national median of $303,400. The median monthly rent is $946. The homeownership rate is 51.3%.

$150,000
Median Home Value
$946/mo
Median Rent
51.3%
Homeownership Rate
Housing Metric Value
Median Home Value$150,000
Median Monthly Rent$946
Homeownership Rate51.3%
Vacancy Rate8.2%

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Frequently Asked Questions

What is the population of Solvay, New York?
The population of Solvay, New York is 6,544 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Solvay, New York?
The median household income in Solvay, New York is $61,166. This is 24.1% below the national median of $80,610.
What is the median home value in Solvay, New York?
The median home value in Solvay, New York is $150,000. The median monthly rent is $946.
What percentage of people in Solvay have a college degree?
In Solvay, New York, 24.0% of adults age 25 and older hold a bachelor's degree or higher, and 85.7% have a high school diploma or higher.
Is Solvay, New York an affordable place to live?
The home price-to-income ratio in Solvay, New York is 2.5x (median home value $150,000 vs. median income $61,166), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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