What is the median home price in Summit?

The median home price in Summit, Summit town, Mississippi is $102,500, which is 64% below the national average of 281,900 ($281,900).

Summit, Summit town, Mississippi has a violent crime rate of 3.1 per 1,000 residents, which is 14% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 6.1 per 1,000 residents.

What is the Walk Score for Summit?

Summit, Summit town, Mississippi has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 25/100.

What is the median household income in Summit?

The median household income in Summit, Summit town, Mississippi is $33,340, which is 55% below the national average of 74,580 ($74,580).

What is the average rent in Summit?

The median rent in Summit, Summit town, Mississippi is $884 per month. The national average median rent is $1,163/month.

What is the air quality in Summit?

Summit, Summit town, Mississippi has an Air Quality Index (AQI) of 40, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Summit?

The population of Summit, Summit town, Mississippi is approximately 2,774. The homeownership rate is 51.5% (national average: 65.9%).

What are the climate risks in Summit?

Summit, Summit town, Mississippi has an overall climate risk rating of "Relatively Moderate" with a risk score of 69.85. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

What is the unemployment rate in Summit?

The unemployment rate in Summit, Summit town, Mississippi is 9.2%. The national average unemployment rate is 3.7%. The poverty rate is 36.7% (national average: 12.4%).

Summit

Summit town, Mississippi

Affordable

About Summit

Summit, Mississippi, is a hidden gem for those seeking affordability and a slower pace of life. Imagine a place where the median home value is a mere $102,500, a stark contrast to the national average. With a population of just under 2,800, Summit offers a close-knit community feel where neighbors know each other. While the median household income of $33,340 is significantly lower than the national figure, the low cost of living allows residents to stretch their dollars further. It's a place where you can truly escape the hustle and bustle and find a sense of belonging.

From an investment perspective, Summit presents a compelling opportunity, especially for first-time homebuyers or those looking to downsize. The housing market is exceptionally accessible, and the tranquil environment contributes to a high degree of safety, making it ideal for families and retirees. While specific employment data isn't readily available, the affordability factor opens opportunities for remote work or entrepreneurial ventures. Summit is perfect for those who value community, prioritize financial freedom, and appreciate the simple pleasures of life.

Summit, Mississippi at a Glance

Summit is a city in Summit town, Mississippi with a population of approximately 2,774. The median home value is $102,500 and the median household income is $33,340. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 3.1 per 1,000 residents, which is 14% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $884 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.