Town of Solon — Financial Data

1,063 Population FY 2024

$666 Town-Wide Per Capita Spending All residents incl. villages FY 2025

0.0% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

20.0 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

6.0% Poverty Rate 2023

14.9% Bachelor's+ Rate 2023

2.6% Unemployment Rate 2023

88.1% Homeownership Rate 2023

Median Household Income

$69,688 (2023)

2010 2023

Per Capita Income

$34,455 (2023)

2010 2023

Median Home Value

$126,200 (2023)

2010 2023

Median Gross Rent

$690 (2023)

2010 2023

Median Age

50.9 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.3 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2025

Fiscal Health

Debt Outstanding

$0 (2024)

2011 2024

Full Value of Taxable Property

$89,236,062 (2024)

2011 2024

Debt Service

$0 (2024)

1997 2024

Debt Service %

0.0% (2024)

1997 2024

Town-Wide Per Capita Spending

$666 (2025)

2010 2025

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

20.0 (2024)

2012 2024

Top Revenue Sources

Sales And Use Tax

$343,256 (2025)

1995 2025

Real Property Taxes And Assessments

$308,000 (2025)

1995 2025

State Aid

$201,788 (2025)

1995 2025

Use And Sale Of Property

$34,197 (2025)

1995 2025

Charges For Services

$4,939 (2025)

1995 2025

Top Expenditures

Transportation

$518,134 (2025)

1995 2025

General Government

$133,084 (2025)

1995 2025

Employee Benefits

$53,927 (2025)

1995 2025

Community Services

$1,495 (2025)

1995 2025

Public Safety

$704 (2025)

1995 2025

Financial Documents (85)

Year	Title	Type
2025	Town of Solon OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of Solon OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Solon OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Solon FSMS Report 2024	FSMS_MONITORING
2023	Town of Solon Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

View all 85 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 110378400000

School Details

Not applicable for this entity type.