Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.7 yrs |
|---|---|
| Avg HH Size | 2.99 |
| Below Poverty | 8.9% ▼ 11% below avg |
| College Grads | 31.6% ▼ 18% below avg |
| Unemployment | 4.5% ▼ 9% below avg |
| No HS Diploma | 6 (0.6%) |
| HS Graduate | 343 (32.9%) |
| Some College | 192 (18.4%) |
| Associates | 172 (16.5%) |
| Bachelors | 178 (17.1%) |
| Graduate Degree | 152 (14.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,761 ≈ Avg |
|---|---|
| Median Home Value | $193,300 ▼ 31% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $1,575/mo |
| Total Housing Units | 738 |
| Vacant Units | 167 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Solway is a city in Minnesota, located in Beltrami County. The city spans 1 ZIP code and is home to approximately 1,708 residents. It is a relatively young city, with a median age of 37.7 years.
Economically, Solway is a solidly middle-class community. The median household income of $71,761 is near the national average. Approximately 8.9% of residents live below the poverty line. The unemployment rate is 4.5%, near the national average.
The real estate market in Solway is an affordable housing market. Median home values stand at $193,300, which is below the national average. Renters typically pay around $1,575 per month. Homeownership is high at 94.4%, typical of suburban and family-oriented communities.
The population of Solway is moderately educated. 31.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (84.66%).
Solway, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56678 | 1,708 | $71,761 | $193,300 | $1,575 | 4.5% | 31.6% | 94.4% |