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AREA INFORMATION

07901 (Summit, NJ)

Explore the real estate in 07901 (Summit, NJ)

Area Highlights

07901 (Summit, NJ) residents have a median age of 41.4 years old, with employment highest in the administrative support and healthcare practitioners industries.

22,924 Population

8,191 Households

$188,367 /yr
Median Household Income

$1,249,000
Median Home Sale Price

31m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

41.4 Median Age

Average Household Size

2.8
persons per
household

61%

Married Households

Community Population By Education

Graduate Degree 37%
Bachelors Degree 34%
High School Graduate 12%
Some College 9%
Some High School 4%
Associates Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is Graduate Degree, representing 37.49% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
42.8% of households have children

Economics

$188,367 /yr
Median Household Income
$1,249,000
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 45.81% of the households.

Transportation to Work

  • Drive 57%
  • Public Transit 19%
  • Work from Home 17%
  • Walk or Bike 8%

Occupancy by Type

Owned 5,793 67%
Rented 2,397 28%
Vacant 440 5%

White vs Blue Collar Jobs







White Collar 91%
Blue Collar 9%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 41.4 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 66%
Hispanic 15%
Asian 11%
Other 5%
Black 4%
Native American <1%
The most prevalent ethnicity is White at 66%, followed by Hispanic at 15%, Asian at 11%, and Other at 5%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

85° July
Hottest Average Month
20° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
37°
Feb
21°
40°
Mar
29°
49°
Apr
38°
61°
May
48°
71°
Jun
57°
80°
Jul
63°
85°
Aug
61°
83°
Sep
54°
76°
Oct
43°
65°
Nov
34°
53°
Dec
25°
41°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$2,755,000
For sale
4 beds • 4 baths • 1 half baths • 3,500 sqft

67 Tulip St
Summit City, NJ 07901

$700,000
For sale
4 beds • 2 baths

47 Springfield Ave
Summit City, NJ 07901

$725,000
For sale
2 beds • 2 baths • 1 half baths

67-75 New England Ave 67E
Summit City, NJ 07901

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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