Summit is a medium-sized city located in the state of New Jersey. With a population of 22,342 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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.89% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 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 is that it can take a long time to commute to work. In Summit, the average commute to work is 30.90 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative.

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 have a 4-year college degree or graduate degree? If so, you may feel right at home in Summit. 71.81% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 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.