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
Change Over Time (2013–2023)
Population Change
+4.2%
21,795 → 22,711
over 10 years
Annual Pop. Growth
+0.41%
Compound annual growth rate
Median Income Change
+62.9%
$122,222 → $199,107
nominal, not inflation-adjusted
Annual Income Growth
+5%
Compound annual growth rate
Population Over Time
Total population for Summit across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
23,371
+660 from 2023 (22,711)
Projected Median Income 2030
$280,164
+$81,057 from 2023 ($199,107)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 21,795 | — | $122,222 | — |
| 2015 | 21,848 | +0.2% | $129,583 | +6% |
| 2017 | 21,964 | +0.5% | $132,443 | +2.2% |
| 2019 | 21,911 | -0.2% | $157,835 | +19.2% |
| 2021 | 22,526 | +2.8% | $151,505 | -4% |
| 2023 | 22,711 | +0.8% | $199,107 | +31.4% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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