Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

264 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $4,000

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,816

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $113,269
--Home Prepared Food $63,826
--Restaurant/Takeaway Food $49,443
Alcoholic Beverages $8,315
Housing $287,106
--Rent/Mortgage/Upkeep/Taxes $167,881
--Utilities $57,871
--Operations $21,800
--Supplies $10,675
--Furnishings $28,992
Apparel $26,632
--Men & Boys $5,956
--Women & Girls $10,788
--Children < 2 $112
--Footwear $5,619
Transportation $139,452
--New Vehicles $26,070
--Used Vehicles $29,778
--Fuel $30,115
--Insurance $13,934
--Public Transit $11,687
Healthcare $71,018
Entertainment $46,072
--Pets $9,439
--Toys $2,247
Personal Care Products $11,012
Books & Literature $1,573
Education $20,114
Tobacco Products $4,944
Miscellaneous $14,159
Retirement $26,969
Non-health Insurance $104,280
Total Expenditures $874,915

Selected Population Data

Period Geography Population
2014 Summit city, New Jersey 21,826
2015 Summit city, New Jersey 21,869
2016 Summit city, New Jersey 21,895
2017 Summit city, New Jersey 22,155
2018 Summit city, New Jersey 21,921