Solway, MN
Population 116 · Minnesota
About Solway, MN
Solway is a small community in Minnesota with a population of 116 residents. The median household income is $118,750 per year, which is above the national average. The median age in Solway is 25.8 years.
Housing in Solway has a median home value of $185,800 and median monthly rent of $0. Of the 41 total housing units, the majority are owner-occupied, with 37 owner-occupied and 4 renter-occupied units.
The unemployment rate in Solway is 0.0% and the poverty rate is 9.5%. 36.6% of residents hold a bachelor's degree or higher. The average commute time is 15.7 minutes.
Cost of Living in Solway, MN
Compared to national averages, Solway has a median household income of $118,750 (58% above the national median of $75,149). Home values average $185,800, which is 24% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Solway's income is 60% above the state average of $74,221, and home values are 9% below the state median of $204,472.
Why Live in Solway, MN?
Solway offers a strong local economy with a median household income of $118,750, well above the national average, and affordable housing with a median home value of $185,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 36.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.5%, better than the national average, and short commute times averaging just 15.7 minutes.
Solway has a population of 116 with a median age of 25.8 years. Compare Solway with other cities to see how it stacks up, or explore all cities in Minnesota.
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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 Solway
What is the population of Solway, MN?
The population of Solway, MN is 116 according to the latest Census data.
What is the median household income in Solway?
The median household income in Solway, MN is $118,750 per year.
What is the median home value in Solway?
The median home value in Solway, MN is $185,800.
What is the average rent in Solway?
The median monthly rent in Solway, MN is $0.
What is the unemployment rate in Solway?
The unemployment rate in Solway, MN is 0.0%.