Summit, NJ

Census Place

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2024 Population
22,705
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
41.8
2.96% 1-year increase
2024 Poverty Rate
5.47%
40.8% 1-year increase
2024 Median Household Income
$190,304
4.42% 1-year decline
2024 Median Property Value
$994,500
2.54% 1-year growth
2024 Employed Population
11,617
0.18% 1-year decline

About

None of the households in Summit, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

90.6% of the residents in Summit, NJ are U.S. citizens.

In 2024, the median property value in Summit, NJ was $994,500, and the homeownership rate was 68.3%.

Most people in Summit, NJ drove alone to work, and the average commute time was 33.5 minutes. The average car ownership in Summit, NJ was 2 cars per household.

United StatesNew JerseyUnion County, NJNew York-Newark-Jersey City, NY-NJ-PAEssex County (Southwest)--West Orange & Livingston PUMA, NJMorris County (South)--Morristown, Madison & Florham Park PUMA, NJUnion County (Northwest)--Summit & Cranford PUMA, NJ

Population & Diversity

Summit, NJ is home to a population of 22.7k people, from which 90.6% are citizens. As of 2024, 18.7% of Summit, NJ residents were born outside of the country (4.26k people).

In 2024, there were 9.24 times more White (Non-Hispanic) residents (15.2k people) in Summit, NJ than any other race or ethnicity. There were 1.65k Asian (Non-Hispanic) and 1.5k Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

90.6%
2024 Citizenship
91.5%
2023 Citizenship

As of 2024, 90.6% of Summit, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Summit, NJ was 91.5%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Summit, NJ compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Summit, NJ
  1. White (Non-Hispanic)
    15.2k ± 944
  2. Asian (Non-Hispanic)
    1.65k ± 272
  3. Other (Hispanic)
    1.5k ± 472
13.1%
Hispanic Population
2.98k people

In 2024, there were 9.24 times more White (Non-Hispanic) residents (15.2k people) in Summit, NJ than any other race or ethnicity. There were 1.65k Asian (Non-Hispanic) and 1.5k Other (Hispanic) residents, the second and third most common ethnic groups.

13.1% of the people in Summit, NJ are hispanic (2.98k people).

The following chart shows the 8 races represented in Summit, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

18.7%
2024 Foreign-Born Population
4.26k people
17.3%
2023 Foreign-Born Population
3.9k people

As of 2024, 18.7% of Summit, NJ residents (4.26k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Summit, NJ was 17.3%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Summit, NJ compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    90 ± 71
  2. Gulf War (2001-)
    70 ± 66
  3. World War II
    37 ± 37

Summit, NJ has a large population of military personnel who served in Vietnam, 1.29 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Summit, NJ.

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Economy

The economy of Summit, NJ employs 11.6k people. In 2024, the largest industries in Summit, NJ were Finance & Insurance (2,385 people), Professional, Scientific, & Technical Services (1,951 people), and Health Care & Social Assistance (1,250 people), and the highest paying industries were Management of Companies & Enterprises ($250,001), Finance & Insurance ($238,799), and Finance & Insurance, & Real Estate & Rental & Leasing ($213,167).

Employment

Occupations

11.6k
2024 Value
± 936
−0.18%
1 Year decline
± 11.3%

From 2023 to 2024, employment in Summit, NJ declined at a rate of −0.18%, from 11.6k employees to 11.6k employees.

The most common job groups, by number of people living in Summit, NJ, are Management Occupations (2,166 people), Business & Financial Operations Occupations (1,578 people), and Sales & Related Occupations (1,384 people). This chart illustrates the share breakdown of the primary jobs held by residents of Summit, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

11.6k
2024 Value
± 936
−0.18%
1 Year decline
± 11.3%

From 2023 to 2024, employment in Summit, NJ declined at a rate of −0.18%, from 11.6k employees to 11.6k employees.

The most common employment sectors for those who live in Summit, NJ, are Finance & Insurance (2,385 people), Professional, Scientific, & Technical Services (1,951 people), and Health Care & Social Assistance (1,250 people). This chart shows the share breakdown of the primary industries for residents of Summit, NJ, though some of these residents may live in Summit, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$154,152
Median earning men ± $34,817
$81,219
Median earning women ± $12,817

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), Information ($208,242), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($180,938).

The industries with the best median earnings for women in 2024 are Manufacturing ($206,146), Information ($117,250), and Transportation & Warehousing, & Utilities ($108,513).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Housing & Living

The median property value in Summit, NJ was $994,500 in 2024, which is 2.99 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $969,900 to $994,500, a 2.54% increase. The homeownership rate in Summit, NJ is 68.3%, which is higher than the national average of 65.2%.

People in Summit, NJ have an average commute time of 33.5 minutes, and they drove alone to work. Car ownership in Summit, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$994,500
Median Property Value 2024
±$81,474
$5,697
Median Property Taxes
±$511

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Summit, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Summit, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

68.3%
Homeownership
2024
57%
Homeowners with Mortgage
2024

In 2024, 68.3% of the housing units in Summit, NJ were occupied by their owner. This percentage declined from the previous year's rate of 71.8%.

This chart shows the percentage of owner in Summit, NJ compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$190,304
Median Household Income
± $34,890
8.34k
Number of Households
± 697

In 2024, the median household income of the 8.34k households in Summit, NJ declined from $190,304 from the previous year's value of $199,107.

The following chart displays the households in Summit, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Summit, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (46%)
  2. Worked At Home (23.8%)
  3. Public Transit (17.6%)

In 2024, 46% of workers in Summit, NJ drove alone to work, followed by those who worked at home (23.8%) and those who used public transit to get to work (17.6%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

33.5 minutes
Average Travel Time

Using averages, employees in Summit, NJ have a longer commute time (33.5 minutes) than the normal US worker (26.4 minutes). Additionally, 7.21% of the workforce in Summit, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Summit, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Summit, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Summit, NJ have 2 cars.

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Poverty

Poverty & Diversity

5.47% of the population for whom poverty status is determined in Summit, NJ (1.24k out of 22.6k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 35 - 44, followed by Females 45 - 54 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Summit, NJ is White, followed by Other and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

94.1% of the population of Summit, NJ has health coverage, with 70.4% on employee plans, 4.41% on Medicaid, 10.5% on Medicare, 8.48% on non-group plans, and 0.252% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 50.4% were men and 49.6% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 26.3% under 18 years, 12.8% between 18 and 34 years, 46.5% between 35 and 64 years, and 14.5% over 64 years.

By gender, of the total number of insured persons, 50.4% were men and 49.6% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

5.92%
Uninsured
70.4%
Employer Coverage
4.41%
Medicaid
10.5%
Medicare
8.48%
Non-Group
0.252%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Summit, NJ declined by 1.14% from 5.99% to 5.92%.

The following chart shows how the percent of uninsured individuals in Summit, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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