Summit is a medium-sized city located in the state of New Jersey. With a population of 22,344 people and four associated neighborhoods, Summit is the 85th largest community in New Jersey.
Summit home prices are not only among the most expensive in New Jersey, but Summit real estate also consistently ranks among the most expensive in America.
Also of interest is that Summit has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 17.89% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Summit is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Summit is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Summit really has some of the features that families look for when choosing a good community to raise children. Is Summit perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Summit, however, is that residents on average have to contend with a long commute, spending on average 30.90 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Although the majority of commuting trips in the city are by private automobile, Summit is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the train helps to get to and from their jobs every morning, which benefits everyone in the Summit area by reducing both traffic and air pollution.
Do you like to read, write and learn? If you move to Summit, you'll likely find that many of your neighbors like to as well. Summit is one of the more educated communities in America, with a full 71.81% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Summit in 2022 was $104,469, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $417,876 for a family of four.
Summit is an extremely ethnically-diverse city. The people who call Summit home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Summit residents report their race to be White, followed by Asian. Summit also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.89% of the city’s residents. Important ancestries of people in Summit include Irish, Italian, German, English, and Polish.
In addition, Summit has a lot of people living here who were born outside of the US (21.09%).
The most common language spoken in Summit is English. Other important languages spoken here include Spanish and Chinese.