Solon Mills, IL
Population 140 · Illinois
About Solon Mills, IL
Solon Mills is a small community located in Illinois with a population of 140 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 57.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Solon Mills features a median home value of $287,200, which is 17% above the national median of $244,900. This positions Solon Mills in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 61 total housing units, 100% are owner-occupied (61 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Solon Mills shows an unemployment rate of 18.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Solon Mills have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
35.1% of Solon Mills residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Solon Mills, IL
Compared to national averages, Solon Mills has a median household income of $0 (100% below the national median of $75,149). Home values average $287,200, which is 17% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Solon Mills's income is 100% below the state average of $75,072, and home values are 73% above the state median of $165,779.
Why Live in Solon Mills, IL?
Solon Mills offers rent that’s lower than the national average at $0/month, and a well-educated community where 35.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Solon Mills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Solon Mills has a population of 140 with a median age of 57.8 years. Compare Solon Mills with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Solon Mills
What is the population of Solon Mills, IL?
The population of Solon Mills, IL is 140 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Solon Mills?
The median household income in Solon Mills, IL is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Solon Mills?
The median home value in Solon Mills, IL is $287,200, which is 17% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Solon Mills?
The median monthly rent in Solon Mills, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Solon Mills?
The unemployment rate in Solon Mills, IL is 18.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Solon Mills, IL a good place to live?
Solon Mills offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 140 and a median age of 57.8, the city appeals to established professionals and retirees.
How educated is Solon Mills, IL?
35.1% of residents in Solon Mills aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Solon Mills?
Key cost-of-living indicators for Solon Mills, IL: median home value is $287,200 (17% above national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Solon Mills?
The poverty rate in Solon Mills, IL is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Solon Mills, IL?
Solon Mills's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.