Summit, Arizona Housing

Summit, Arizona has a population of 5,372, with a median household income of $52,000.

Current housing data for Summit.

$250,000

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Population

5,372

💰

Median Income

$52,000

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Unemployment

4.50%

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Housing Price

$250,000

🚨

Crime Rate

2.90

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Internet Speed

200.00 Mbps

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

Population Overview

Summit has a population of 5,372, 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 below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in Summit average around $250,000, which is relatively high compared to other cities in Arizona.

Employment and Safety

The unemployment rate in Summit is 4.50%, 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 Arizona, Summit shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Summit continues to play a role in shaping regional trends in Arizona, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Summit

What is the population of Summit?

The population of Summit is approximately 5,372.

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 $250,000.