Last updated: 2024 BLS data · Page refreshed:
Summit has a population of 22,705 with a median age of 41.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 22,705 |
| Median Age | 41.8 |
| White | 69.1% |
| Black or African American | 6.0% |
| Asian | 7.3% |
| Hispanic or Latino | 13.1% |
| Other / Two or More Races | 4.5% |
The median household income in Summit is $190,304, which is 136.1% above the national median of $80,610. The per capita income is $112,787. The poverty rate is 5.5%.
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In Summit, 95.3% of residents age 25+ have a high school diploma or higher, and 72.5% hold a bachelor's degree or higher (36.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.3% |
| Bachelor's Degree or Higher | 72.5% |
| Graduate or Professional Degree | 36.6% |
The median home value in Summit is $994,500, above the national median of $303,400. The median monthly rent is $2,430. The homeownership rate is 68.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $994,500 |
| Median Monthly Rent | $2,430 |
| Homeownership Rate | 68.3% |
| Vacancy Rate | 5.1% |
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