Living in Solon, Iowa
Cost of living, income, home prices, rent and demographics of Solon · Census data 2020–2024
Solon has 3,152 residents with a median age of 38.8. The median household income is $113,295 (51% higher than the Iowa median), the median home value is $309,400, the median rent is $1,127/month.
Solon at a glance
- Population
- 3,152
- Median age
- 38.8State: 38.6
- Median household income
- $113,295State: $75,059
- Median home value
- $309,400State: $208,000
- Median rent
- $1,127/moState: $972
- Homeowners
- 79.2%
- Bachelor's degree or higher
- 42.4%
- Average commute
- 20 min
Is Solon a good place to live?
Pros: Median household income 51% higher than the Iowa median; unemployment of 0.9%; a poverty rate of 3.2%.
Cons: Home values 49% higher than the state median; an average commute of 20 minutes.
The weather is best in June to September.
Cost of living in Solon
Housing is the biggest part of the cost of living. In Solon the median home value is $309,400, 7% lower than the U.S. median. Renters pay a median of $1,127 per month, which is 41.3% of household income. Homeowners with a mortgage pay $1,986 a month in housing costs.
Solon median household income
The median household income in Solon is $113,295 and the income per person is $43,588. 3.2% of residents live below the poverty line (Iowa: 11.1%).
Housing in Solon: homes for sale and rent
- Housing units
- 1,197
- Owner-occupied
- 79.2%
- Renter-occupied
- 20.8%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 1998
- Average household size
- 2.66
Solon demographics
- Population
- 3,152
- Median age
- 38.8
- Under 18
- 30%
- 65 and older
- 14.9%
- Households
- 1,144
- Foreign-born
- 0.1%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Solon ›
Education in Solon
42.4% of adults 25 and older in Solon have a bachelor's degree or higher (Iowa: 31.4%), and 12.9% have a graduate or professional degree.
Jobs and commute in Solon
- Unemployment rate
- 0.9%State: 3.6%
- Average commute
- 20 minState: 20 min
- Work from home
- 10.5%
- Drive alone
- 78.1%
- Public transit
- 0.3%
- Walk to work
- 2.9%
- Homes with broadband
- 96.1%
Solon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Solon | 3,152 | $113,295 | $309,400 | $1,127 |
| Ely | 2,186 | $105,882 | $311,900 | $936 |
| North Liberty | 21,125 | $102,102 | $303,800 | $1,246 |
| Shueyville | 740 | $123,333 | $574,800 | — |
| Mount Vernon | 4,513 | $112,656 | $245,200 | $780 |
| Coralville | 23,234 | $69,144 | $298,500 | $1,057 |
| Lisbon | 1,714 | $93,906 | $219,700 | $798 |
| Bertram | 239 | $86,786 | $296,700 | — |
| Swisher | 1,182 | $100,577 | $260,300 | $1,114 |
More for people moving to Solon
Solon ZIP code ›Weather and climate ›Living in Solon: FAQ
What is the median household income in Solon, IA?
The median household income in Solon is $113,295, 51% higher than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Solon?
The median home value in Solon is $309,400, compared with $208,000 in Iowa.
How much is rent in Solon?
The median gross rent in Solon is $1,127 per month, about 41.3% of household income.
Is Solon, IA a good place to live?
Pluses: median household income 51% higher than the Iowa median; unemployment of 0.9%; a poverty rate of 3.2%. Minuses: home values 49% higher than the state median; an average commute of 20 minutes.
What is the median age in Solon?
The median age in Solon is 38.8 years (Iowa: 38.6).
How long is the commute in Solon?
The average commute to work in Solon is 20 minutes; 10.5% of workers work from home.
What is the unemployment rate in Solon?
The unemployment rate in Solon is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Solon?
42.4% of adults in Solon have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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