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The total population of Solway is estimated to be 114 with 76 males (66.67%) and 38 females (33.33%). There are 38 less females than males in Solway.
The median household income in Solway was $121,988 in 2021, which marked an an increase of 47,626(64.05%) from $74,362 in 2020. This income is 163.51% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Solway sees its highest median household income among householders in the age group of 25 to 44 years old, at $122,825. Overall, the median household income for the city of Solway stands at $121,988.
In Solway, the median income for all workers aged 15 years and older, regardless of work hours, was $60,544 for males and $60,051 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,313 for males and $45,488 for females.
In Solway, population is primarily represented by White households, reporting a median income of $76,339.
In 2022, the population of Solway was 75, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Solway's population was 75, a decline of 1.32% compared to a population of 76 in 2020.
The median age in Solway, MN is 25.9, as per 2021 ACS 5-Year Estimates. Of the total population, 31.03% were under the age of 15, 42.24% aged 15 to 29, 16.38% aged 30 to 64, 10.34% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Solway population: 52.59% are White, 18.10% are American Indian and Alaska Native and 29.31% are multiracial.