Summit is a medium-sized city located in the state of New Jersey. With a population of 22,074 people and four constituent neighborhoods, Summit is the 90th 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.
Summit is a decidedly white-collar city, with fully 89.97% of the workforce employed in white-collar jobs, well above the national average. Overall, Summit is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Summit who work in management occupations (19.97%), business and financial occupations (13.11%), and sales jobs (12.58%).
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: 7.60% 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 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.
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 31.21 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. 69.19% 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 2010 was $77,020, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $308,080 for a family of four. However, Summit contains both very wealthy and poor people as well.
Summit is a somewhat 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 12.68% of the city’s residents. Important ancestries of people in Summit include Italian, German, English, and Polish.
Summit also has a high percentage of its population that was born in another country: 20.61%.
The most common language spoken in Summit is English. Other important languages spoken here include Spanish and Chinese.