Economy & Jobs — Summit, New Jersey
Income & Employment
| Median Household Income (Census) | $190,304 |
|---|
| Estimated 2026 | ~$226,900 |
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| Per Capita Income | $110,417 |
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| Poverty Rate | 5.5% |
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| Unemployment Rate | 5.4% |
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| In Labor Force | 12,165 |
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Top Industries
| Industry | Share |
|---|
| Finance Insurance | 23.3% |
| Education Healthcare | 17.8% |
| Professional | 16.9% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 497 |
| Fast Food | 452 |
| Physician Offices | 360 |
| Law Offices | 303 |
| Dental Offices | 297 |
| Beauty Salons | 231 |
| Auto Repair | 194 |
| Grocery Stores | 160 |
| Coffee Shops | 155 |
| Insurance Agencies | 149 |
| Child Day Care | 128 |
| Accounting Firms | 123 |
| Real Estate Offices | 118 |
| Commercial Banks | 116 |
| Liquor Stores | 112 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
