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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Summit | 1,499 | $56,375 | $165,600 | $923 |
| Conneaut Lakeshore | 1,886 | $66,094 | $184,200 | $834 |
| Summerhill | 1,245 | $59,219 | $182,700 | $913 |
| Sadsbury | 2,716 | $70,000 | $180,200 | $784 |
| Conneaut Lake | 526 | $37,917 | $143,200 | $752 |
| Linesville | 1,132 | $54,000 | $108,100 | $808 |
| Pine | 451 | $53,958 | $149,100 | $756 |
| Conneautville | 748 | $54,375 | $98,800 | $957 |
| Vernon | 5,269 | $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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