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Summit County

Learn about the people, housing, costs and businesses in Summit County County

Median Home$873,303
Median Rent$2,278/month
Population31,017
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality4% education
Home Value Growth⬆⬆⬆+26.4% over 2 years
Young Adults34% of residentswell above average
Homeowners72% of occupied units
NotableHighly Educated34% bachelor's · 13% graduate · top 1% nationally
NotableHigh Incomes$120k/year · top 3% nationally
Summit County
CO

Frequently Asked Questions

What are today's mortgage rates in Summit County?

As of today, the 30-year fixed mortgage rate for Summit County is approximately 6.886% (6.908% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Summit County
What is the median home price in Summit County?

The median home value in Summit County is $873k. The median monthly rent is $2,278. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Summit County?

Home values in Summit County have increased 26.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Summit County?

Based on a typical all-in ownership cost of $1,976/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $85k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Summit County is $120k/year.

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What industries drive the economy in Summit County?

The largest employment sectors in Summit County are public administration (18%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas