Summit
Summit is significantly wealthier than the US average, with a median household income of $190,304. Population has held roughly steady since 2000. 73% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than doubled since 2000, reaching $994,500. Poverty is rare here, at 5.5% of residents. It ranks in the top 1% of US cities for household income.
Population & growth
PEP 2025 EST:23,314 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
Housing
Race & ethnicity
Detailed origins & ancestry
+ 5 more hispanic origin groups with data
+ 37 more ancestry groups with data
Education
Commute & transportation
Work & employment
People & community
Places similar to Summit
Compare Summit to nearby cities
How many people live in Summit, New Jersey?
Summit, New Jersey has about 22,705 residents according to the 2024 American Community Survey.
What is the median household income in Summit, New Jersey?
The typical household in Summit, New Jersey earns about $190,304 a year. Half of households make more than that, and half make less.
Is Summit, New Jersey expensive?
In Summit, New Jersey, the median home is worth about $994,500, and the typical rent is about $2,430 a month.
How educated are people in Summit, New Jersey?
About 72.5% of adults age 25 and over in Summit, New Jersey hold a bachelor's degree or higher.
What is the poverty rate in Summit, New Jersey?
About 5.5% of people in Summit, New Jersey live below the federal poverty line.
Has Summit, New Jersey grown since 1990?
Yes, Summit, New Jersey has grown since 1990. The population has added about 2,948 residents, a change of about 15 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024