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 91.26% 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 (19.01%), business and financial occupations (14.46%), and sales jobs (11.80%).
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.
A relatively large number of people in Summit telecommute to their jobs. Overall, about 7.36% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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 people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
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 31.72 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.
Although the majority of commuting trips in the city are by private automobile, Summit is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the train helps to get to and from their jobs every morning, which benefits everyone in the Summit area by reducing both traffic and air pollution.
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 70.55% 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 2010 was $77,110, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $308,440 for a family of four. However, Summit contains both very wealthy and poor people as well.
Summit is a very 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 13.15% of the city’s residents. Important ancestries of people in Summit include Italian, German, English, and Polish.
In addition, Summit has a lot of people living here who were born outside of the US (22.08%).
The most common language spoken in Summit is English. Other important languages spoken here include Spanish and Chinese.