Summit city, New Jersey demographics and economy

Census American Community Survey 2023 5-Year Estimates for Summit city, New Jersey.

Population
22,512
Median HH Income
$199,107
Median Home Value
$969,900
Median Age
40.6

Workforce

Unemployment rate
4.3%
527 unemployed of 12,165 in labor force
Bachelor's degree or higher
34.9%
of population age 25+ (15,062 total)
Below poverty line
3.9%
871 of 22,407 surveyed

Housing & cost of living

Median home value
$969,900
owner-occupied housing units
Median gross rent
$2,308/mo
renter-occupied units, all bedrooms

Related resources

Federal contracts in New Jersey
GovBids — SAM.gov opportunities and award data filtered by state.
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NewFilings — fresh business registrations from Secretary of State filings.
Federal & state grants
FindGrants — 60,000+ grant opportunities indexed and matchable.
New Jersey business markets by county
Establishments, employment, and payroll by NAICS sector.
Market size estimator
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Opportunity index
Composite score of growth, market size, and demographic signal.

Similar-sized New Jersey places

Data source: U.S. Census Bureau American Community Survey 2023 5-Year Estimates (Table B). Geography: place (incorporated city/town/CDP). Public domain (USA.gov).

Indicators: B01003 (population), B19013 (median household income), B25077 (median home value), B01002 (median age), B25064 (median gross rent), B23025 (labor force/unemployment), B15003 (educational attainment), B17001 (poverty).

Generated 2026-05-27. Census applies suppression rules to small populations; some values may be unavailable.