At a Glance
Median Income
$199,107
$110,417 per capita
Home Value
$969,900
Zillow: $1,330,428
Median Rent
$2,308/mo
23.8% of income on rent
Violent Crime
14/100K
619/100K property
Bachelor's Degree+
72.7%
96.0% high school+
Unemployment
3.0%
1.9% poverty rate
Obesity Rate
23.5%
7.5% smoking rate
Avg Temperature
53°F
271 sunny days/yr
How Summit Compares to the U.S. Average
Each bar shows Summit's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Summit a Good Place to Live?
B+
3.8 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Summit residents earn a median household income of $199,107 , which is 165% above the national average of $75,149.
Per capita income is $110,417. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 1.9% of residents live below the poverty line. The area is home to 16,571 business establishments, including 1,317 restaurants.
Housing & Cost of Living
The median home value in Summit is $969,900 , 244% above the national median of $281,900.
Zillow estimates the typical home at $1,330,428. Median rent is $2,308/month, with 23.8% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1953.
Safety & Crime
Summit reports 14 violent crimes per 100,000 residents
, which is 96% below the national average of 380/100K.
Property crime is 619/100K. The murder rate is 0.0/100K.
Education
72.7% of adults in Summit hold a bachelor's degree or higher
(116% above the national average).
96.0% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Summit has an average annual temperature of 53°F (12°C).
Winters average 31°F in January while summers reach 76°F in July. The area gets 271 sunny days per year. Annual precipitation totals 50.4 inches. Air quality is rated Good with a median AQI of 39.
Data Overview
People
Population22,512
Median Age40.6 yrs
Density3,758/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans2.0%
Economy
A+
Median Income$199,107
Per Capita$110,417
Unemployment3.0%
Poverty1.9%
County GDP$51,947M
Avg Weekly Wage$1,622
Housing
B+
Home Value$969,900
Rent$2,308
Ownership71.8%
Zillow$1,330,428
Housing Units8,468
Rent Burden23.8%
Crime
F
Violent14/100K
Property619/100K
Murder0.0/100K
Assault0/100K
Burglary41/100K
Health
Obesity23.5%
Diabetes7.0%
Smoking7.5%
Heart Disease3.9%
Premature Death6,477/100K
Climate
Avg Temp53°F
Sunny Days271/yr
Rain50.4 in/yr
AQI39 (Good)
Elevation374 ft
Education
A+
Bachelor's+72.7%
High School+96.0%
Graduate+38.4%
School Score6.2/10
Community
2024 VoteR 37% / D 61%
Commute35 min
Broadband95.9%
Internet Speed183 Mbps
EV Stations7
Libraries24
Did You Know?
Summit was founded in 1710.
The median home in Summit was built in 1953.
18.5% of residents use public transit to commute.
20.0% work from home.
The nearest airport is Newark Liberty International (10 miles).
The Gini coefficient (income inequality) is 0.487 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
5.9% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 183 Mbps.
There are 1,317 restaurants in the area.
The county recorded 29 fatal vehicle crashes.
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