Summit
Summit city, New Jersey
Summit, New Jersey, is the epitome of suburban charm, offering a lifestyle that blends the tranquility of a close-knit community with the convenience of easy access to New York City. With a population of just over 22,500, Summit exudes an atmosphere of understated elegance, where tree-lined streets lead to meticulously maintained homes. While the median home value of $907,900 is significantly higher than the national average, the investment is reflected in the exceptional quality of life, top-rated schools, and a strong sense of community that makes Summit a highly desirable place to call home. The median household income of $176,702 underscores the area's affluence, yet the town retains a welcoming, family-friendly vibe, making it ideal for those seeking a balance of sophistication and warmth.
From an investment perspective, Summit's real estate market remains consistently strong, driven by its reputation for safety and excellent schools. While I don't have unemployment data, I can say that the high median household income indicates a robust local economy. This is a town perfectly suited for families seeking a secure environment to raise children, professionals who value a manageable commute into Manhattan, and anyone who appreciates the finer things in life. The enduring appeal of Summit lies in its ability to offer a premium living experience with a distinct sense of place, making it a sound investment for the future.
Summit, New Jersey at a Glance
Summit is a city in Summit city, New Jersey with a population of approximately 22,555. The median home value is $907,900 and the median household income is $176,702. It has a Walk Score of 25 out of 100, indicating car dependency. The violent crime rate is 0.3 per 1,000 residents, which is 92% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,625 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$907,900
Median Income
$176,702
Population
22,555
Walk Score
25
Air Quality
AQI 42
Good
Climate Risk
Relatively High
Fair
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- Population
- 22,555
- Median Age
- N/A
- Median Household Income
- $176,702
137% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 5.0%
60% below nat'l avg
- Median Home Value
- $907,900
222% above nat'l avg
- Median Rent
- $1,625
40% above nat'l avg
- Homeownership Rate
- 90.0%
37% above nat'l avg
- Affordability Index
- 110
10% above nat'l avg
- Violent Crime Rate
- 0.3 per 1K
92% below nat'l avg
- Property Crime Rate
- 11.0 per 1K
42% below nat'l avg
- AQI
- 42
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 96.74
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 17.6¢/kWh
6% above nat'l avg
- Est. Monthly Electric
- $158
15% above nat'l avg
- Total Schools
- 19
- Elementary
- 12
- Middle
- 4
- High School
- 3
- Avg. Enrollment
- 923
- Student-Teacher Ratio
- 11.6:1
- Free/Reduced Lunch
- 15.5%
- Title I Schools
- 0%
Student Demographics
Nearby Schools
- Unemployment Rate
- 5.7%
54% above nat'l avg
- Poverty Rate
- 5.0%
60% below nat'l avg
Weather & Climate in Summit
Avg High
65°F
Avg Low
47°F
Annual Rainfall
46.5"
Avg Humidity
67%
Political Landscape
↗ Trending more Republican
Based on Middlesex County county-level presidential election data
Culture & Things to Do in Summit
Summit Farmers Market
A weekly market offering fresh produce and local goods.
Summit Street Fair
An annual event featuring food vendors, crafts, and live entertainment.
July 4th Fireworks
Summit's annual Independence Day celebration with fireworks.
Summit Music Festival
A classical music festival held annually.
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