Living in Summitville, Indiana
Cost of living, income, home prices, rent and demographics of Summitville · Census data 2020–2024
Summitville has 1,104 residents with a median age of 39.5. The median household income is $52,946 (26% lower than the Indiana median), the median home value is $101,600, the median rent is $760/month.
Summitville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Summitville at a glance
- Population
- 1,104
- Median age
- 39.5State: 38.1
- Median household income
- $52,946State: $71,957
- Median home value
- $101,600State: $218,200
- Median rent
- $760/moState: $1,062
- Homeowners
- 71.4%
- Bachelor's degree or higher
- 8.8%
- Average commute
- 20 min
Is Summitville a good place to live?
Pros: Home values 53% lower than the state median; an average commute of 20 minutes; unemployment of 3.1%.
Cons: Median household income 26% lower than the Indiana median; a poverty rate of 21.4%.
The weather is best in May–June and August–September.
Cost of living in Summitville
Housing is the biggest part of the cost of living. In Summitville the median home value is $101,600, 69% lower than the U.S. median. Renters pay a median of $760 per month, which is 31.1% of household income. Homeowners with a mortgage pay $1,090 a month in housing costs.
Summitville median household income
The median household income in Summitville is $52,946 and the income per person is $22,545. 21.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Summitville: homes for sale and rent
- Housing units
- 461
- Owner-occupied
- 71.4%
- Renter-occupied
- 28.6%
- Vacant
- 11.3%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.65
Summitville demographics
- Population
- 1,104
- Median age
- 39.5
- Under 18
- 29.5%
- 65 and older
- 14.8%
- Households
- 409
- Foreign-born
- 0.3%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Summitville ›
Education in Summitville
8.8% of adults 25 and older in Summitville have a bachelor's degree or higher (Indiana: 29.5%), and 0.7% have a graduate or professional degree.
Jobs and commute in Summitville
- Unemployment rate
- 3.1%State: 4.3%
- Average commute
- 20 minState: 24 min
- Work from home
- 9.3%
- Drive alone
- 77.7%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 84.1%
Summitville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Summitville | 1,104 | $52,946 | $101,600 | $760 |
| Alexandria | 5,155 | $64,317 | $97,800 | $801 |
| Fairmount | 2,662 | $51,739 | $103,200 | $1,026 |
| Orestes | 243 | $43,125 | $90,900 | $748 |
| Fowlerton | 185 | $52,679 | $91,900 | $814 |
| Gaston | 710 | $52,292 | $90,000 | $789 |
| Matthews | 501 | $50,048 | $80,100 | $867 |
| Jonesboro | 1,578 | $45,833 | $79,500 | $975 |
| Frankton | 1,658 | $68,611 | $140,400 | $1,186 |
More for people moving to Summitville
Summitville ZIP code ›Weather and climate ›Living in Summitville: FAQ
What is the median household income in Summitville, IN?
The median household income in Summitville is $52,946, 26% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Summitville?
The median home value in Summitville is $101,600, compared with $218,200 in Indiana.
How much is rent in Summitville?
The median gross rent in Summitville is $760 per month, about 31.1% of household income.
Is Summitville, IN a good place to live?
Pluses: home values 53% lower than the state median; an average commute of 20 minutes; unemployment of 3.1%. Minuses: median household income 26% lower than the Indiana median; a poverty rate of 21.4%.
What is the median age in Summitville?
The median age in Summitville is 39.5 years (Indiana: 38.1).
How long is the commute in Summitville?
The average commute to work in Summitville is 20 minutes; 9.3% of workers work from home.
What is the unemployment rate in Summitville?
The unemployment rate in Summitville is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Summitville?
8.8% of adults in Summitville 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.
Last updated: