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Summit, AR 72677 has a population of approximately 387 and experiences a population change rate of 32.08%. The population density is 470.2 / sq mi .
The median household income for Summit, AR 72677 is $43,073, with 254 households and an average household size of 2.83.
The median value of a home in Summit, AR 72677 is $99,900 with an appreciation rate of 23.40%. 70.85% of housing in the state is owned while 15.25% is rented.
The cost of living in Summit, AR 72677 is 74.5 %.
The unemployment rate in Summit, AR 72677 is 2.70%, and recent job growth is at 0.43%. Future job growth is projected at 36.95%.
The sales tax rate in Summit, AR 72677 is 9.25%, while the income tax rate is 5.50% .
School expenditures in Summit, AR 72677 are $9,752, and the school ratio is 10.2:1.
The average high temperature in July is 91.1 degrees, with an average low temperature in January of 24.3 degrees. The average rainfall is approximately 47.1 inches per year, with 8.4 inches of snow per year.