Living in Summit, Pennsylvania

Cost of living, income, home prices, rent and demographics of Summit · Census data 2020–2024

Summit has 1,499 residents with a median age of 54.4. The median household income is $56,375 (28% lower than the Pennsylvania median), the median home value is $165,600, the median rent is $923/month.

Summit is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Summit at a glance

Population
1,499
Median age
54.4State: 40.9
Median household income
$56,375State: $77,971
Median home value
$165,600State: $254,500
Median rent
$923/moState: $1,209
Homeowners
82.9%
Bachelor's degree or higher
24.9%
Average commute
28 min

Is Summit a good place to live?

Pros: Home values 35% lower than the state median.

Cons: Median household income 28% lower than the Pennsylvania median; an average commute of 28 minutes; unemployment of 7.5%; a poverty rate of 13.5%.

The weather is best in June to September.

Cost of living in Summit

Housing is the biggest part of the cost of living. In Summit the median home value is $165,600, 50% lower than the U.S. median. Renters pay a median of $923 per month, which is 22.2% of household income. Homeowners with a mortgage pay $1,210 a month in housing costs.

Median home value

Summit$165,600
Pennsylvania$254,500
United States$332,700

Median monthly rent

Summit$923
Pennsylvania$1,209
United States$1,413

Summit median household income

The median household income in Summit is $56,375 and the income per person is $40,720. 13.5% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Summit$56,375
Pennsylvania$77,971
United States$80,734

Housing in Summit: homes for sale and rent

Housing units
1,137
Owner-occupied
82.9%
Renter-occupied
17.1%
Vacant
36.1%Includes seasonal homes
Median year built
1978
Average household size
2.06

36.1% of homes are vacant most of the year, a sign that Summit has many vacation and second homes.

Summit demographics

Population
1,499
Median age
54.4
Under 18
13.6%
65 and older
30.2%
Households
726
Foreign-born
2.7%
Veterans
9.6%Adults 18+

Race and ethnicity

White93.6%
Hispanic or Latino0.4%
Black0%
Asian2.5%

Hispanic or Latino can be of any race. Population history of Summit ›

Education in Summit

24.9% of adults 25 and older in Summit have a bachelor's degree or higher (Pennsylvania: 35.2%), and 6.2% have a graduate or professional degree.

Bachelor's degree or higher

Summit24.9%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Summit

Unemployment rate
7.5%State: 5.3%
Average commute
28 minState: 26 min
Work from home
9.8%
Drive alone
81.6%
Public transit
2.6%
Walk to work
1.7%
Homes with broadband
93.1%

Summit vs nearby towns

TownPopulationMedian incomeHome valueRent
Summit1,499$56,375$165,600$923
Conneaut Lakeshore1,886$66,094$184,200$834
Summerhill1,245$59,219$182,700$913
Sadsbury2,716$70,000$180,200$784
Conneaut Lake526$37,917$143,200$752
Linesville1,132$54,000$108,100$808
Pine451$53,958$149,100$756
Conneautville748$54,375$98,800$957
Vernon5,269$76,030$202,800$838

More for people moving to Summit

Summit ZIP code ›Weather and climate ›

Living in Summit: FAQ

What is the median household income in Summit, PA?

The median household income in Summit is $56,375, 28% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Summit?

The median home value in Summit is $165,600, compared with $254,500 in Pennsylvania.

How much is rent in Summit?

The median gross rent in Summit is $923 per month, about 22.2% of household income.

Is Summit, PA a good place to live?

Pluses: home values 35% lower than the state median. Minuses: median household income 28% lower than the Pennsylvania median; an average commute of 28 minutes; unemployment of 7.5%; a poverty rate of 13.5%.

What is the median age in Summit?

The median age in Summit is 54.4 years (Pennsylvania: 40.9).

How long is the commute in Summit?

The average commute to work in Summit is 28 minutes; 9.8% of workers work from home.

What is the unemployment rate in Summit?

The unemployment rate in Summit is 7.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Summit?

24.9% of adults in 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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