Solon, OH
Population 23,970 · Ohio
About Solon, OH
Solon is a mid-sized city located in Ohio with a population of 23,970 residents according to the latest US Census Bureau American Community Survey data. The median household income is $135,180 per year, which is 80% above the national median of $75,149. The median age of 44.5 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 features a median home value of $375,700, which is 53% above the national median of $244,900. This places Solon in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,460, 26% above the national average of $1,163/month. Of the 9,082 total housing units, 85% are owner-occupied (7,455 units) and 15% are renter-occupied (1,336 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Solon shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Solon have an average one-way commute time of 23.9 minutes.
Education & Demographics
63.1% of Solon residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.9% White, 0.2% Hispanic or Latino, 0.4% Black or African American, and 1.1% Asian residents, with 18.3% of the population being foreign-born.
How Solon Ranks in Ohio
Cost of Living in Solon, OH
Compared to national averages, Solon has a median household income of $135,180 (80% above the national median of $75,149). Home values average $375,700, which is 53% above the national median. Monthly rent at $1,460 is 26% above the US average of $1,163. Within Ohio, Solon's income is 88% above the state average of $71,814, and home values are 115% above the state median of $174,449.
Why Live in Solon, OH?
Solon offers a strong local economy with a median household income of $135,180, well above the national average, and a strong job market with an unemployment rate of just 2.4%, and a well-educated community where 63.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.0%, better than the national average, and short commute times averaging just 23.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $375,700. However, Solon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Solon has a population of 23,970 with a median age of 44.5 years. Compare Solon with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Solon
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Willoughby | 23,934 | $70,884 | $206,200 | Compare |
| Pickerington | 23,828 | $116,645 | $309,700 | Compare |
| Wadsworth | 24,302 | $77,581 | $235,600 | Compare |
| Riverside | 24,432 | $59,271 | $139,100 | Compare |
| Maple Heights | 23,350 | $52,823 | $89,600 | Compare |
| Zanesville | 24,726 | $39,085 | $106,900 | Compare |
| Athens | 23,211 | $37,059 | $242,200 | Compare |
| Sandusky | 24,748 | $47,827 | $104,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Solon With Other Cities
Frequently Asked Questions about Solon
What is the population of Solon, OH?
The population of Solon, OH is 23,970 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Ohio.
What is the median household income in Solon?
The median household income in Solon, OH is $135,180 per year, which is 80% above the national median of $75,149.
What is the median home value in Solon?
The median home value in Solon, OH is $375,700, which is 53% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Solon?
The median monthly rent in Solon, OH is $1,460, which is 26% above the national average of $1,163/month.
What is the unemployment rate in Solon?
The unemployment rate in Solon, OH is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Solon, OH a good place to live?
Solon offers above-average incomes, a competitive housing market, and a strong job market. With a population of 23,970 and a median age of 44.5, the city appeals to a broad range of residents.
How educated is Solon, OH?
63.1% of residents in Solon 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?
Key cost-of-living indicators for Solon, OH: median home value is $375,700 (53% above national), median rent is $1,460/month, and median household income is $135,180. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Solon?
The poverty rate in Solon, OH is 4.0%, 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, OH?
Solon's population is 1.9% White, 0.2% Hispanic or Latino, 0.4% Black or African American, 1.1% Asian, and 11.7% two or more races. 18.3% of residents are foreign-born.