The labor force participation rate in Solvay is 68.5%, with an unemployment rate of 4%. For anyone in the work force, the common commute time is 19.3 minutes. 10.5% of Solvay’s community have a masters diploma, and 17% posses a bachelors degree. For those without a college degree, 32.6% attended some college, 29.9% have a high school diploma, and only 10% possess an education lower than high school. 5% are not included in health insurance.
The typical household size in Solvay, NY is 3 household members, with 52.8% being the owner of their very own houses. The mean home cost is $113430. For people paying rent, they pay on average $792 per month. 50.1% of homes have two sources of income, and the average domestic income of $49926. Average individual income is $30084. 17.6% of inhabitants exist at or beneath the poverty line, and 13.7% are handicapped. 9.1% of citizens are former members associated with armed forces of the United States.
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