All Countries
Summit, NJ
Full City Profile · New Jersey · Union County County
3.8
/5.0
B+
Good
22,512
Population
3,758/sq mi density
$199,107
Median Income
$110,417 per capita
$969,900
Home Value
$1,330,428 Zillow
$2,308
Median Rent
23.8% income on rent
53°F
Avg Temperature
271 sunny days/yr
14
Violent Crime/100K
619 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$199,107 median income, 3.0% unemployment
B+
Affordability
3.9 / 5.0
$969,900 home value, $2,308/mo rent
F
Safety
1.2 / 5.0
14 violent crimes/100K
A+
Education
5.0 / 5.0
72.7% bachelor's degree or higher
Income Overview
Median Household Income
$199,107
165% above
US avg: $75,149
Per Capita Income
$110,417
183% above
US avg: $39,052
Unemployment Rate
3.0%
17% below
US avg: 3.6%
Poverty Rate
1.9%
85% below
US avg: 12.4%
Income Comparison: Summit vs. U.S. Average
Each bar shows Summit’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$199,107
265%
Per Capita
US: $39,052
$110,417
283%
IRS Avg AGI
US: $72,000
$109,188
152%
Avg Weekly Wage
US: $1,432
$1,622
113%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,622
13% above US avg ($1,432)
Mean Commute Time
35 min
26% above US avg (28 min)
Work From Home
20.0%
32% above US avg (15.2%)
Drive Alone
47.1%
36% below US avg (73.2%)
Public Transit
18.5%
269% above US avg (5.0%)
County GDP
$51,947M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
47.1%
Public Transit
18.5%
Work From Home
20%
Other
14.4%
Average commute time
35 minutes
US avg: 28 min
Business Landscape
Total Establishments
16,571
Restaurants
1,317
Healthcare
1,591
Retail
1,861
Manufacturing
523
Tax & Financial
IRS Avg Adjusted Gross Income
$109,188
52% above US avg ($72,000)
Avg Property Tax
$13,532
287% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $199,107 |
| Per Capita Income | $110,417 |
| IRS Avg Adjusted Gross Income | $109,188 |
| Avg Weekly Wage | $1,622 |
| County GDP | $51,947M |
Hardship Indicators
| Unemployment Rate | 3.0% |
| Poverty Rate | 1.9% |
| Gini Coefficient | 0.487 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 35 minutes |
| Drive Alone | 47.1% |
| Public Transit | 18.5% |
| Work From Home | 20.0% |
Businesses
| Total Establishments | 16,571 |
| Restaurants | 1,317 |
| Healthcare | 1,591 |
| Retail | 1,861 |
| Manufacturing | 523 |
Tax
| IRS Avg AGI | $109,188 |
| Avg Property Tax | $13,532 |