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Summit, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
10,846
Population
$61,863
Median Income
$232,600
Home Value
38.1
Median Age

Demographics

Summit has a population of 10,846 with a median age of 38.1. Here is the racial and ethnic breakdown of the population:

Hispanic
80.3%
White
23.0%
Asian
3.8%
Black
3.5%
Demographic Value
Total Population10,846
Median Age38.1
White23.0%
Black or African American3.5%
Asian3.8%
Hispanic or Latino80.3%
Summit, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 111.Hispanic/Latino: 72.6%White: 20.8%Asian: 3.4%Black: 3.2%10,846PopulationHispanic/LatinoHispanic/Latino72.6%WhiteWhite20.8%AsianAsian3.4%BlackBlack3.2%

Income & Economy

The median household income in Summit is $61,863, which is 23.3% below the national median of $80,610. The per capita income is $33,359. The poverty rate is 11.2%.

$61,863
Median Household Income
$33,359
Per Capita Income
11.2%
Poverty Rate

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Education

In Summit, 67.2% of residents age 25+ have a high school diploma or higher, and 14.0% hold a bachelor's degree or higher (3.0% with a graduate or professional degree).

HS Diploma+
67.2%
Bachelor's+
14.0%
Graduate+
3.0%
Education Level % of Adults (25+)
High School Diploma or Higher67.2%
Bachelor's Degree or Higher14.0%
Graduate or Professional Degree3.0%

Housing

The median home value in Summit is $232,600, below the national median of $303,400. The median monthly rent is $1,137. The homeownership rate is 60.9%.

$232,600
Median Home Value
$1,137/mo
Median Rent
60.9%
Homeownership Rate
Housing Metric Value
Median Home Value$232,600
Median Monthly Rent$1,137
Homeownership Rate60.9%
Vacancy Rate8.7%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Summit, Illinois?
The population of Summit, Illinois is 10,846 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Summit, Illinois?
The median household income in Summit, Illinois is $61,863. This is 23.3% below the national median of $80,610.
What is the median home value in Summit, Illinois?
The median home value in Summit, Illinois is $232,600. The median monthly rent is $1,137.
What percentage of people in Summit have a college degree?
In Summit, Illinois, 14.0% of adults age 25 and older hold a bachelor's degree or higher, and 67.2% have a high school diploma or higher.
Is Summit, Illinois an affordable place to live?
The home price-to-income ratio in Summit, Illinois is 3.8x (median home value $232,600 vs. median income $61,863), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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