Solway, New Zealand

Full City Profile

2.1 /5.0

C Fair

7,430 Population 7/sq mi density

427 ft Elevation 130 meters

56°F Avg Temperature 14°C

Overall

2.1 / 5.0

Fair overall score based on economy, affordability, safety and education

C+

Economy

2.7 / 5.0

$22,320 median income, 4.9% unemployment

Affordability

1.5 / 5.0

$205,400 home value, $1,027/mo rent

Solway, New Zealand

At a Glance

Median Income

$22,320

70% below

$22,320 per capita

Home Value

$205,400

27% below

Median Rent

$1,027/mo

12% below

Unemployment

4.9%

36% above

Avg Temperature

56°F

235 sunny days/yr

Is Solway a Good Place to Live?

2.1 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Solway residents earn a median household income of $22,320 , which is 70% below the national average of $75,149. Per capita income is $22,320. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). The area is home to 684 business establishments.

Housing & Cost of Living

The median home value in Solway is $205,400 , 27% below the national median of $281,900. Median rent is $1,027/month.

Climate & Weather

Solway has an average annual temperature of 56°F (14°C). Winters average 64°F in January while summers reach 48°F in July. The area gets 235 sunny days per year. Annual precipitation totals 60.9 inches.

Data Overview

People

Population7,430

Median Age40.1 yrs

Density7/mi²

Foreign Born13.6%

Economy

C+

Median Income$22,320

Per Capita$22,320

Unemployment4.9%

Poverty

Avg Weekly Wage$429

Housing

Home Value$205,400

Rent$1,027

Ownership69.9%

Housing Units2,972

Climate

Avg Temp56°F

Sunny Days235/yr

Rain60.9 in/yr

Elevation427 ft

Did You Know?

13.6% of residents are foreign-born.