Living in Mount Summit, Indiana
Cost of living, income, home prices, rent and demographics of Mount Summit · Census data 2020–2024
Mount Summit has 713 residents with a median age of 59.9. The median home value is $214,100, the median rent is $875/month.
Mount Summit is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mount Summit at a glance
- Population
- 713
- Median age
- 59.9State: 38.1
- Median home value
- $214,100State: $218,200
- Median rent
- $875/moState: $1,062
- Homeowners
- 89.1%
- Bachelor's degree or higher
- 17.2%
- Average commute
- 28 min
Is Mount Summit a good place to live?
Pros: Home values about the same as the state median; a poverty rate of 4.9%.
Cons: An average commute of 28 minutes; unemployment of 4.6%.
The weather is best in June to September.
Cost of living in Mount Summit
Housing is the biggest part of the cost of living. In Mount Summit the median home value is $214,100, 36% lower than the U.S. median. Renters pay a median of $875 per month, which is 25.6% of household income. Homeowners with a mortgage pay $959 a month in housing costs.
Housing in Mount Summit: homes for sale and rent
- Housing units
- 389
- Owner-occupied
- 89.1%
- Renter-occupied
- 10.9%
- Vacant
- 0.8%Includes seasonal homes
- Median year built
- 2002
- Average household size
- 1.85
Mount Summit demographics
- Population
- 713
- Median age
- 59.9
- Under 18
- 20.9%
- 65 and older
- 46.4%
- Households
- 386
- Foreign-born
- 0%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Mount Summit ›
Education in Mount Summit
17.2% of adults 25 and older in Mount Summit have a bachelor's degree or higher (Indiana: 29.5%), and 6.7% have a graduate or professional degree.
Jobs and commute in Mount Summit
- Unemployment rate
- 4.6%State: 4.3%
- Average commute
- 28 minState: 24 min
- Work from home
- 11.4%
- Drive alone
- 78.8%
- Public transit
- 0%
- Walk to work
- 4.3%
- Homes with broadband
- 95.9%
Mount Summit vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mount Summit | 713 | — | $214,100 | $875 |
| Sulphur Springs | 454 | $51,250 | $139,300 | $993 |
| Springport | 154 | $46,528 | $85,900 | — |
| New Castle | 17,367 | $51,606 | $98,000 | $781 |
| Westwood | 584 | $147,743 | $302,400 | — |
| Cadiz | 226 | $101,000 | $105,600 | $920 |
| Mooreland | 493 | $60,714 | $94,200 | $982 |
| Blountsville | 170 | $52,375 | $70,600 | — |
| Middletown | 2,235 | $56,008 | $96,200 | $867 |
More for people moving to Mount Summit
Mount Summit ZIP code ›Weather and climate ›Living in Mount Summit: FAQ
What is the average home price in Mount Summit?
The median home value in Mount Summit is $214,100, compared with $218,200 in Indiana.
How much is rent in Mount Summit?
The median gross rent in Mount Summit is $875 per month, about 25.6% of household income.
Is Mount Summit, IN a good place to live?
Pluses: home values about the same as the state median; a poverty rate of 4.9%. Minuses: an average commute of 28 minutes; unemployment of 4.6%.
What is the median age in Mount Summit?
The median age in Mount Summit is 59.9 years (Indiana: 38.1).
How long is the commute in Mount Summit?
The average commute to work in Mount Summit is 28 minutes; 11.4% of workers work from home.
What is the unemployment rate in Mount Summit?
The unemployment rate in Mount Summit is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mount Summit?
17.2% of adults in Mount Summit have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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