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Summit, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for Summit.

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Community Insights

High Incomes
$197k/year
top 1% nationally
Highly Educated
37% bachelor's · 26% graduate
top 2% nationally
Leading Industries
Education · Arts, Food & Hospitality · Healthcare
6% education
Home Value Growth⬆⬆⬆
+29.6% over 2 years
Family-Friendly
25% of residents
slightly above average
Homeowners
68% of occupied units

People & Demographics

Total Population22,705
Households—
Under 18
25.0%
Age 18–34
23.0%
Age 35–64
38.0%
Age 65+
14.0%
Veterans
2.0%
Active Duty
0.0%

Housing & Living

Median Home Value$1,043,075
Median Gross Rent$2,513/mo
Owner Occupied
68.3%
Renter Occupied
31.7%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$196,559
Poverty Rate—

Key Industries

Healthcare19.0%
Professional Services2.0%
Manufacturing0.0%
Retail8.0%
Education6.0%

Amenities & Transit

Transit Score83 / 100
Walkability / Amenities78 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
37.0%
Master's or Higher
26.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Summit?›

The total population of Summit is approximately 22,705. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Summit walkable and transit-friendly?›

Based on local geographic data, Summit has an amenity and walkability score of 78/100 and a transit score of 83/100. This indicates it is a highly walkable area with excellent access to local businesses, restaurants, and daily errands.

Do more people rent or own homes in Summit?›

The housing market in Summit is predominantly driven by homeowners, with 68% of housing units being owner-occupied and 32% being renter-occupied.

What is the education level of residents in Summit?›

In Summit, approximately 37% of adult residents hold a bachelor's degree or higher. Additionally, 26% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.