Solon, Ohio: commercial real estate data.
Solon is a Census city of 23,943 people across 20.31 square miles of land, in Cuyahoga County. Median household income is $139,089, 84.3 percent of occupied homes are owned, and the SBA record carries 96 7(a) approvals to borrowers here worth $39.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Solon
What Solon is
- Census place typecity
- Land area20.31 sq mi
- Water area0.11 sq mi
- Population per square mile of land1,179
- County holding the largest share of its areaCuyahoga County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Solon
How many people live in Solon
- Population23,943
- Median age45.3
- Population under 186,091
- Share under 1825.4 percent
- Population 65 and over5,359
- Share 65 and over22.4 percent
- Households8,885
- Family households6,827
- Share of households that are families76.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Solon
Income and work in Solon
- Median household income$139,089
- Per capita income$69,798
- Civilian labor force12,157
- Employed11,865
- Unemployed292 plus or minus 103
- Unemployment rate2.4 percent plus or minus 0.8
- Adults 25 and over16,808
- Adults 25 and over with a high school diploma or higher94.6 percent
- Adults 25 and over with a bachelor degree or higher65.0 percent
- Adults 25 and over with a graduate degree33.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Solon
Housing in Solon
- Housing units9,170
- Occupied units8,885
- Vacant units285 plus or minus 146
- Vacancy rate3.1 percent plus or minus 1.6
- Owner occupied7,492
- Renter occupied1,393
- Ownership rate84.3 percent
- Median owner-occupied home value$392,900
- Median gross rent, monthly$1,626
- Annual rent as a share of median income14.0 percent
- Single family units7,970
- Share single family86.9 percent
- Units in buildings of two or more1,191
- Share in buildings of two or more13.0 percent
- Mobile homes9 plus or minus 17
- Median year structure built1980
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Solon
How Solon gets to work
- Workers 16 and over who commute9,047
- Commuting under 15 minutes2,017
- Share commuting under 15 minutes22.3 percent
- Commuting 30 minutes or more3,446
- Share commuting 30 minutes or more38.1 percent
- Drove alone70.1 percent
- Carpooled5.3 percent plus or minus 1.4
- Public transport0.0 percent
- Walked0.3 percent plus or minus 0.2
- Worked from home23.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Solon
SBA loans in Solon (7(a))
- Approvals96
- Gross approval$39,693,100
- Average approval$413,470
- Median approval$150,000
- Ninetieth percentile approval$890,800
- Largest approval$5,000,000
- Jobs supported790
- Jobs per approval8.2
- Loans with a final outcome33
- Paid in full28
- Charged off5
- Charge-off rate over resolved loans15.2 percent
- Median term120 months
- Share on real estate terms of 20 years or more9.4 percent
- Share to franchises5.2 percent
- Distinct lenders25
- Distinct industries by NAICS59
Counted by borrower city: approvals to borrowers whose address is in Solon, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Solon
SBA loans in Solon (504)
- Approvals22
- Gross approval$18,769,000
- Average approval$853,136
- Median approval$550,000
- Largest approval$3,578,000
- Jobs supported406
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Solon, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Solon
Flood risk in Solon
- NFIP communityCity of Solon
- NFIP community number390130
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/03/10
The City of Solon participates in the National Flood Insurance Program as community 390130 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cuyahoga County, not Solon
Cuyahoga County context, not Solon figures
- Establishments in Cuyahoga County31,496
- Covered employment, Cuyahoga County705,152
- Average annual pay, Cuyahoga County$75,134
- Housing units permitted, Cuyahoga County1,685
Every figure in this section is published for Cuyahoga County as a whole and is not a measurement of Solon.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Solon questions, answered from the record.
How many people live in Solon, Ohio?
23,943, in 8,885 households. Solon city covers 20.31 square miles of land, which is 1,179 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Solon in?
Cuyahoga County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Solon?
$139,089. The median owner-occupied home is valued at $392,900. Median gross rent is $1,626 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Solon businesses?
96 7(a) approvals totaling $39.7 m since FY2020, across 25 lenders, median approval $150,000, plus 22 504 approvals worth $18.8 m since FY2010. These count approvals to borrowers whose address is in Solon, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Solon borrowers get paid back?
Of the 33 loans that have reached a final outcome, 28 were paid in full and 5 charged off, a charge off rate of 15.2 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Solon in the National Flood Insurance Program?
Yes. Solon appears in the FEMA Community Status Book as Solon, city of, community 390130, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Solon figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cuyahoga County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Solon.
Is zoning published for Solon?
No. Nothing on this page presents parcel level zoning.