Solon Springs, WI Profile: Facts & Data

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Solon Springs, Wisconsin - Basic Facts

The Village of Solon Springs had a population of 597 as of July 1, 2020. Solon Springs ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Wisconsin. See peer rankings below.

The primary coordinate point for Solon Springs is located at latitude 46.3533 and longitude -91.8224 in Douglas County. The formal boundaries for the Village of Solon Springs encompass a land area of 1.57 sq. miles and a water area of 0.73 sq. miles. Douglas County is in the Central time zone (GMT -6). The elevation is 1,089 feet.

The Village of Solon Springs (GNIS ID: 1584171) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Solon Springs: White Birch.

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Solon Springs, WI Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 597 (100%)
Population in Households 597 (100.0%)
Population in Families 465 (77.9%)
Population in Group Quarters1 0
Population Density 381
Diversity Index2 8
 
 

INCOME

Median Household Income $50,958
Average Household Income $61,378
% of Income for Mortgage4 13%
Per Capita Income $27,790
Wealth Index5 56
 

HOUSING

Total HU (Housing Units) 408 (100%)
Owner Occupied HU 189 (46.3%)
Renter Occupied HU 72 (17.6%)
Vacant Housing Units 147 (36.0%)
Median Home Value $159,302
Average Home Value $191,711
Housing Affordability Index3 197
 

HOUSEHOLDS

Total Households 261
Average Household Size 2.29
Family Households 166
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.05% -0.17%
Households -0.07% -0.15%
Families -0.12% -0.24%
Median Household Income   0.64%
Per Capita Income   1.0%
Owner Occupied HU   -0.21%

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Solon Springs, WI - Peer Comparisons by Rank and Percentile

The table below compares Solon Springs to the other 778 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 496 36th
Population Density # 526 33rd
Median Household Income # 575 26th
Housing Affordability Index # 432 56th
Per Capita Income # 508 35th
Diversity Index # 699 11th

Additional comparisons and rankings can be made with a VERY EASY TO USE Wisconsin Census Data Comparison Tool.

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