Summit, NJ demographics:
population, income, and more

Total population
22,705
0.9% year-over-year change
Median household income
$190,304/yr
-4.4% year-over-year change
Housing units
8,786
2.1% year-over-year change

Summit population

How many people live in Summit

Summit is home to 22,705 residents, according to the most recent Census data. Gender-wise, 50.4% of Summit locals are male, and 49.6% are female.

Total population
22,705
0.9% year-over-year change
Gender ratio
Male
50.4%
11,434
Female
49.6%
11,271
Value Percent YoY change
Male 11,434 50.4% 3.8%
Female 11,271 49.6% -1.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Summit is 42, with the population distributed as follows: about 19.8% are children under 15, then 12.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 22.4% of the population, while another 31.1% fall into the 45 to 64 bracket. Finally, around 14.6% are 65 or older.

Median age
41.8
Age breakdown
Under 15
19.8%
15 to 24
12.2%
25 to 44
22.4%
45 to 64
31.1%
Over 65
14.6%
Value Percent YoY change
Under 15 4,494 19.8% 0.1%
15 to 24 2,761 12.2% -6.7%
25 to 44 5,078 22.4% 0.7%
45 to 64 7,067 31.1% 0.5%
Over 65 3,305 14.6% 10.5%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Summit, 79.8% of the population are US-born citizens, while 10.8% have gained naturalized citizenship. At the same time, 9.4% of residents are non-citizens. As for race, 69.1% of locals are Caucasian, 6% are African American and 7.3% have Asian roots. There’s also a share of 9.6% that includes residents with two or more races.

Citizenship
U.S.-born citizens
79.8%
Non-U.S.-born citizens
10.8%
Non-citizens
9.4%
Value Percent YoY change
U.S.-born citizens 18,120 79.8% -0.8%
Non-U.S.-born citizens 2,441 10.8% 5.0%
Non-citizens 2,144 9.4% 12.1%
Racial breakdown
White
69.1%
Black or African American
6%
American Indian and Alaska Native
0%
Asian
7.3%
Native Hawaiian and other Pacific Islander
0.1%
Two or more races
9.6%
Other
7.9%
Value Percent
White 15,692 69.1%
Black or African American 1,354 6%
Asian 1,649 7.3%
Native Hawaiian and other Pacific Islander 20 0.1%
Two or more races 2,191 9.6%
Other 1,799 7.9%

Households in Summit

A peek inside Summit households

Summit has 8,341 households, with an average of 3 members in each. Of these, 70.7% are families, while the remaining 29.3% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
8,341
2.6% year-over-year change
Average people per household
3
Non-family households
2,445
Family households
5,896
Value Percent YoY change
Non-family households 2,445 29.3% 8.8%
Family households 5,896 70.7% 0.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Summit

The housing landscape of Summit

Summit's housing consists of 8,786 units, with 63.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 7% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.1% of the housing landscape.

Housing units
8,786
2.1% year-over-year change
Housing types
Value Percent
1 unit, detached 5,570 63.4%
1 unit, attached 619 7%
2 units 602 6.8%
3 or 4 units 390 4.4%
5 to 9 units 311 3.5%
10 to 19 units 385 4.4%
20 to 49 units 446 5.1%
50 or more units 453 5.2%
Mobile home 10 0.1%
Homes built since 2020
34
112.5% year-over-year change

The age of buildings in Summit

In Summit, the median construction year is 1953. About 33.3% of homes were built before the 1940s, with another 7.9% going up by 1949. Most development happened in the second half of the 20th century. Then, 5.8% of homes were added from 2000 to 2009, 1.9% between 2010 and 2019, and 0.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 2,925 33.3% 1.9%
Built between 1940 and 1949 694 7.9% 4.0%
Built between 1950 and 1959 2,611 29.7% 1.9%
Built between 1960 and 1969 818 9.3% -9.1%
Built between 1970 and 1979 525 6% 8.9%
Built between 1980 and 1989 392 4.5% -9.1%
Built between 1990 and 1999 113 1.3% -10.3%
Built between 2000 and 2009 510 5.8% 33.5%
Built between 2010 and 2019 164 1.9% 0.0%
Built in 2020 or later 34 0.4% 112.5%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Summit occupancy rates

Out of the 8,341 occupied housing units in Summit, 68.3% are owner-occupied, while 31.7% are lived in by tenants. Meanwhile, 5.1% of all homes on the local market sit vacant.

Occupied housing units
8,341
2.6% year-over-year change
Occupancy breakdown
Renter occupied
2,644
Owner occupied
5,697
Value Percent YoY
change
Renter occupied 2,644 31.7% 15.3%
Owner occupied 5,697 68.3% -2.4%
Unoccupied housing units
5.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Summit housing costs

Housing costs in Summit come to a median of $3,086 per month, while tenants specifically pay a median gross rent of $2,430.

Median housing costs per month
$3,086/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Summit
$2,430/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Summit

Summit education at a glance

About 15% of the population in Summit went to high school, while 9.8% pursued college studies. Another 3.2% earned an associate degree and 36.2% hold a bachelor’s. Meanwhile, 33.1% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 463 2.7% 20.3%
High school diploma 2,563 15% 0.6%
College diploma 1,678 9.8% -8.4%
Associate degree 551 3.2% 6.0%
Bachelor's degree 6,206 36.2% 6.8%
Graduate degree 5,663 33.1% -0.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Summit

How much people earn in Summit

The average annual household income in Summit was $306,473 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.7% change from the previous year. At the same time, the median income stood at $190,304, reflecting a -4.4% shift over the same period.

Average household income in Summit
$306,473/year
0.7% year-over-year change
Median household income in Summit
$190,304/year
-4.4% year-over-year change

Summit income by age

In Summit, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $250,001. Those with someone between 45 and 64 in charge, often well established professionally, earn $244,894 overall. Overall, 94.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $250,001 22.7%
45 - 64 $244,894 -2.0%
Over 65 $91,932 -19.0%
Above poverty level
21,177
Below poverty level
1,238
Value Percent YoY
change
Above poverty level 21,177 94.5% -1.0%
Below poverty level 1,238 5.5% 42.1%

Average renter income in Summit

To get a better sense of what renters earn on average in Summit, their median household income was $93,783 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 31.1%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$93,783
Rent-to-income ratio
31.1%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Summit

Workforce and job types in Summit

The job market in Summit is powered by 11,617 working residents, spread across a range of industries and roles. 90.3% of the working population are employed in professional or administrative positions, while 9.7% are in hands-on or service-based jobs. Also, 12.7% run their own businesses, 73.4% are employed by private companies, and 8% work in the public sector.

Workforce demographics

Working population
11,617
-0.2% year-over-year change
White collar
10,493
Blue collar
1,124
Value Percent YoY change
White collar 10,493 90.3% -0.8%
Blue collar 1,124 9.7% 6.0%
Employer type
Self employees
12.7%
Private companies
73.4%
Governmental workers
8%
Not for profit companies
6%
Value Percent YoY change
Self employees 1,472 12.7% 7.0%
Private companies 8,521 73.4% -1.3%
Governmental workers 924 8% -7.7%
Not for profit companies 700 6% 12.0%
Unemployment rate
5.4%
26.8% year-over-year change

Available workforce

The unemployment rate in Summit stands at 5.4%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Summit

How people get around in Summit

Commuting methods vary: 49.3% of residents travel by personal vehicle and 6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 5,534 49.3% -3.0%
Taxicab 6 0% 0.0%
Bus or trolleybus 306 2.7% 155.0%
Subway or elevated 141 1.3% N/A
Railroad 1,437 12.8% -11.5%
Motorcycle 14 0.1% 7.7%
Bicycle 8 0.1% -55.6%
Walk 674 6% 6.5%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Summit by zipcode?

Zipcode Population Number of households Median income Average income
07901 24,314 9,014 $179,701 $297,789

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FAQs about Summit demographics 

What is the total population of Summit?

Summit has a total population of 22,705 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.9% compared to a year ago.

What is the gender ratio in Summit?

The gender ratio in Summit is as follows:
  • 50.4% males (11,434 residents)
  • 49.6% females (11,271 residents)

What is the median age in Summit?

The median age in Summit is 41.8.

What is the age distribution of the population in Summit?

The age distribution in Summit is as follows:
  • Under 15: 19.8% (4,494 residents)
  • Ages 15-24: 12.2% (2,761 residents)
  • Ages 25-44: 22.4% (5,078 residents)
  • Ages 45-64: 31.1% (7,067 residents)
  • Over 65: 14.6% (3,305 residents)

What is the racial and ethnic makeup of Summit?

The racial and ethnic makeup of Summit is as follows:
  • White: 69.1% (15,692 residents)
  • Black or African American: 6% (1,354 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 7.3% (1,649 residents)
  • Native Hawaiian and Other Pacific Islander: 0.1% (20 residents)
  • Two or More Races: 9.6% (2,191 residents)
  • Other: 7.9% (1,799 residents)

What percentage of the population in Summit are U.S.-born citizens?

U.S.-born citizens represent 79.8% of the population in Summit.

How many housing units are there in Summit?

There are 8,786 housing units in Summit, reflecting a +2.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Summit and what is the average household size?

Summit has a total of 8,341 households, with an average of 3 people in each.

What is the median household income in Summit?

Summit has a median household income of $190,304, representing a -4.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Summit?

The employment rate is 94.6% in Summit, with a workforce of 11,617 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 90.3% (10,493 residents)
  • Blue-collar workers: 9.7% (1,124 residents)

Places of employment:
  • Self-employed: 12.7% (1,472 residents)
  • Private companies: 73.4% (8,521 residents)
  • Governmental workers: 8% (924 residents)
  • Not-for-profit companies: 6% (700 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025