Summit is a medium-sized city located in the state of New Jersey. With a population of 22,526 people and four constituent 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: 14.37% 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", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Summit is a great place for families with children to consider. First of all, many other families with children live here, making Summit a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Summit has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Summit’s overall crime rate is lower than average for the country.
In Summit, however, the average commute to work is quite long. On average, people spend 31.77 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
For the size of the city, public transportation in Summit is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Summit, the benefits are reduced air pollution and congestion on the highways.
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 69.63% 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 2018 was $93,807, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $375,228 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 11.68% of the city’s residents. Important ancestries of people in Summit include Irish, Italian, German, English, and Polish.
Foreign born people are also an important part of Summit's cultural character, accounting for 21.36% of the city’s population.
The most common language spoken in Summit is English. Other important languages spoken here include Spanish and Chinese.