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Economy in Solon, Iowa

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySolon, IAUnited States
Unemployment Rate4.40%9.10%
Recent Job Growth1.14%-0.12%
Future Job Growth37.88%31.25%
Sales Taxes6.00%6.80%
Income Taxes8.98%6.25%
Income per Cap.$27,192$27,067
Household Income$64,533$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.96%12.10%
Income between 15K and 25K8.24%10.18%
Income between 25K and 35K9.98%10.56%
Income between 35K and 50K15.85%14.98%
Income between 50K and 75K20.44%19.53%
Income between 75K and 100K25.20%12.52%
Income between 100K and 150K13.47%12.14%
Income between 150K and 250K2.69%3.91%
Income between 250K and 500K0.16%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.61%13.81%
Professional and Related Occupations26.13%22.68%
Service13.59%14.51%
Sales and Office21.95%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance11.03%9.37%
Production, Transportation, and Material Moving11.85%15.86%
Median Household Income

The unemployment rate in Solon, IA, is 4.40%, with job growth of 1.14%. Future job growth over the next ten years is predicted to be 37.88%.

Solon, IA Taxes

Solon, IA,sales tax rate is 6.00%. Income tax is 8.98%.

Solon, IA Income and Salaries

The income per capita is $27,192, which includes all adults and children. The median household income is $64,533.


Solon Economy SperlingViews

Community: This is a really nice town. It has everything a small town should have including a local brewery run by Jeff and Sal, and wonderful methodist church with a fantastic... (read more)Have an opinion about Solon? Leave a commentTo See All SperlingViews for Solon Click Here