Solon, Ohio Median Income

Solon, Ohio has a population of 24,380, with a median household income of $98,200.

Current median income data for Solon.

$98,200

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Population

24,380

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Median Income

$98,200

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Unemployment

2.20%

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Housing Price

$612,400

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Crime Rate

0.10

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Internet Speed

276.80 Mbps

Solon is a small local community located in Ohio. The city has a population that is above the average city population in Ohio, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Ohio, Solon provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Solon has a population of 24,380, which is higher than the state average. This indicates a relatively larger urban presence within Ohio.

Income and Economy

The median household income in Solon is $98,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Solon average around $612,400, which is relatively high compared to other cities in Ohio.

Employment and Safety

The unemployment rate in Solon is 2.20%, which is lower than the state average, indicating a relatively strong job market. Solon has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Ohio, Solon shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Solon offers a balanced mix of economic conditions, population trends, and housing opportunities within Ohio.

Frequently Asked Questions about Solon

What is the population of Solon?

The population of Solon is approximately 24,380.

Is Solon a good place to live?

Solon offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Solon?

The median household income in Solon is around $98,200.

How expensive is housing in Solon?

The average housing price in Solon is approximately $612,400.