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MapMap ViewSummit, NJ 07901 has a population of approximately 23,557 and experiences a population change rate of 4.08%. The population density is 3,715.6 / sq mi .
The median household income for Summit, NJ 07901 is $148,945, with 8,555 households and an average household size of 2.8.
The median value of a home in Summit, NJ 07901 is $983,100 with an appreciation rate of 12.10%. 64.19% of housing in the state is owned while 30.33% is rented.
The cost of living in Summit, NJ 07901 is 231.6 %.
The unemployment rate in Summit, NJ 07901 is 3.30%, and recent job growth is at 2.95%. Future job growth is projected at 46.41%.
The sales tax rate in Summit, NJ 07901 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Summit, NJ 07901 are $23,387, and the school ratio is 12.8:1.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 50.5 inches per year, with 25.1 inches of snow per year.
