Living in Summit Lake, Wisconsin
Cost of living, income, home prices, rent and demographics of Summit Lake · Census data 2020–2024
Summit Lake has 93 residents with a median age of 63.4. The median household income is $73,750 (5% lower than the Wisconsin median), the median home value is $234,600.
Summit Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Summit Lake at a glance
- Population
- 93
- Median age
- 63.4State: 40.2
- Median household income
- $73,750State: $77,485
- Median home value
- $234,600State: $266,500
- Homeowners
- 100%
- Bachelor's degree or higher
- 13.5%
- Average commute
- 18 min
Is Summit Lake a good place to live?
Pros: Home values 12% lower than the state median; an average commute of 18 minutes; a poverty rate of 7.5%.
Cons: Median household income 5% lower than the Wisconsin median.
The weather is best in June to September.
Cost of living in Summit Lake
Housing is the biggest part of the cost of living. In Summit Lake the median home value is $234,600, 29% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,075 a month in housing costs.
Summit Lake median household income
The median household income in Summit Lake is $73,750 and the income per person is $37,263. 7.5% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Summit Lake: homes for sale and rent
- Housing units
- 156
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 67.9%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 1.86
67.9% of homes are vacant most of the year, a sign that Summit Lake has many vacation and second homes.
Summit Lake demographics
- Population
- 93
- Median age
- 63.4
- Under 18
- 0%
- 65 and older
- 39.8%
- Households
- 50
- Foreign-born
- 0%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Summit Lake ›
Education in Summit Lake
13.5% of adults 25 and older in Summit Lake have a bachelor's degree or higher (Wisconsin: 33.4%), and 6.7% have a graduate or professional degree.
Jobs and commute in Summit Lake
- Unemployment rate
- 0%State: 3.2%
- Average commute
- 18 minState: 22 min
- Work from home
- 14.6%
- Drive alone
- 48.8%
- Public transit
- 0%
- Walk to work
- 19.5%
- Homes with broadband
- 92%
Summit Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Summit Lake | 93 | $73,750 | $234,600 | — |
| Post Lake | 331 | $65,438 | $310,900 | — |
| Mole Lake | 533 | $38,889 | $128,100 | $400 |
| Antigo | 8,069 | $45,520 | $104,800 | $683 |
| Crandon | 1,365 | $42,784 | $136,500 | $654 |
| Rhinelander | 8,316 | $51,421 | $125,700 | $804 |
| Tomahawk | 3,395 | $60,223 | $173,300 | $529 |
| Aniwa | 245 | $50,417 | $80,000 | $481 |
| White Lake | 220 | $52,917 | $150,000 | $725 |
More for people moving to Summit Lake
Summit Lake ZIP code ›Weather and climate ›Living in Summit Lake: FAQ
What is the median household income in Summit Lake, WI?
The median household income in Summit Lake is $73,750, 5% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Summit Lake?
The median home value in Summit Lake is $234,600, compared with $266,500 in Wisconsin.
Is Summit Lake, WI a good place to live?
Pluses: home values 12% lower than the state median; an average commute of 18 minutes; a poverty rate of 7.5%. Minuses: median household income 5% lower than the Wisconsin median.
What is the median age in Summit Lake?
The median age in Summit Lake is 63.4 years (Wisconsin: 40.2).
How long is the commute in Summit Lake?
The average commute to work in Summit Lake is 18 minutes; 14.6% of workers work from home.
What is the unemployment rate in Summit Lake?
The unemployment rate in Summit Lake is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Summit Lake?
13.5% of adults in Summit Lake 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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