Summit, Arkansas Population

Summit, Arkansas has a population of 721, with a median household income of $52,000.

Current population data for Summit.

721

👥

Population

721

💰

Median Income

$52,000

📉

Unemployment

4.40%

🏠

Housing Price

$220,000

🚨

Crime Rate

2.90

🌐

Internet Speed

170.00 Mbps

Summit is a small local community located in Arkansas. The city has a population that is below the average city population in Arkansas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Summit is a notable city in Arkansas, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Summit has a population of 721, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Summit is $52,000, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Summit average around $220,000, which is relatively high compared to other cities in Arkansas.

Employment and Safety

The unemployment rate in Summit is 4.40%, which is lower than the state average, indicating a relatively strong job market. Summit has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Arkansas, Summit shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Summit offers a balanced mix of economic conditions, population trends, and housing opportunities within Arkansas.

Frequently Asked Questions about Summit

What is the population of Summit?

The population of Summit is approximately 721.

Is Summit a good place to live?

Summit offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Summit?

The median household income in Summit is around $52,000.

How expensive is housing in Summit?

The average housing price in Summit is approximately $220,000.