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Summit, UT
Full City Profile · Utah · Iron County County
3.4
/5.0
B
Good
208
Population
306/sq mi density
$100,592
Median Income
$41,597 per capita
$241,100
Home Value
$386,460 Zillow
37°F
Avg Temperature
318 sunny days/yr
176
Violent Crime/100K
2,185 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$100,592 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$241,100 home value, /mo rent
F
Safety
1.0 / 5.0
176 violent crimes/100K
C+
Education
2.8 / 5.0
22.0% bachelor's degree or higher
Housing Overview
Median Home Value
$241,100
14% below
US avg: $281,900
Homeownership Rate
55.8%
15% below US avg (65.4%)
Total Housing Units
82
Median year built: 1980
Home Value by Source
Census Median
$241,100
Zillow (ZHVI)
$386,460
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.8%
Owner-Occupied
44.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,771/mo
1 Bedroom
$1,887/mo
2 Bedroom
$2,185/mo
3 Bedroom
$2,958/mo
4 Bedroom
$3,492/mo
Affordability & Housing Stock
Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
55.8%
Complete Housing Data
Home Values
| Census Median Value | $241,100 |
| Zillow Home Value (ZHVI) | $386,460 |
Rent
| FMR Studio | $1,771 |
| FMR 1-Bedroom | $1,887 |
| FMR 2-Bedroom | $2,185 |
| FMR 3-Bedroom | $2,958 |
| FMR 4-Bedroom | $3,492 |
Market
Ownership & Stock
| Owner-Occupied | 55.8% |
| Renter-Occupied | 44.2% |
| Homeownership Rate | 55.8% |
| Total Housing Units | 82 |
| Median Year Built | 1980 |
| Rent Burden | 28.6% |