Median rent for residential apartments in as of Jun, 2021.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
23 Summit, NJ, USA apartments for rent
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Summit
Summit, NJ has a population of 22,155, while the median age is 40. The household income in Summit, NJ is around $132,443. The homeownership rate among the residents is 71%. The median residential property value in Summit, NJ that you should keep in mind is $849,200.
| Population | 22,155 |
| Median Age | 39.9 |
| Poverty Rate | 5% |
| Household Income | $132,443 |
| Number Of Employees | 10,387 |
| Median Property Value | $849,200 |
Business & Economy
Wage by Common Jobs
Average salary in Summit, NJ: $62,795
- 1. Miscellaneous managers$121,116
- 2. Accountants & auditors$101,750
- 3. Registered nurses$81,221
- 4. Elementary & middle school teachers$63,782
- 5. Firstline supervisors of retail sales workers$62,347
Highest Paid Occupations
Numbers claim that the highest paid jobs in Summit, NJ are Legal Occupations, Business & Financial Operations Occupations, Life, Physical, Social Science Occupations, Management, Business, Financial Occupations and Management Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by -1% recently, there must be a strong understanding of industries people of Summit, NJ work in. The highest paid industries are Finance & Insurance, Finance & Insurance, Real Estate & Rental & Leasing, Wholesale Trade, Manufacturing and Information.
Demographics
Race & Ethnicity
According to latest census, Summit, NJ is a home for 81% white residents. The second common group is asian with 8% residents. The list of the most common racial or ethnic groups is closed by latino with 6% residents.
Non-English Speakers
Education
Past year Summit, NJ universities awarded around 1,698,400 degrees. Statistics show that the population of students in Summit, NJ includes 849,200 female students and 849,200 male students. Summit, NJ offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The share of the public colleges in Summit, NJ is n/a and n/a go to the private colleges.
Health and Safety
Primary care physicians in Summit, NJ see an average of 1,502 patients, dentists 1,180 patients, metal health providers 590 patients, and other healthcare providers 2,416 patients per year.
Transportation
Commute Time
Average travel time: 31.47 minutes
- USA
- Summit, NJ
Commuter Transportation
Citizens of Summit, NJ travel to their offices around 31 minutes lately and drove alone to get there. The rest of the residents used public transit and worked at home.
- USA
- Summit, NJ
Housing Trends
Summit, NJ, USA Housing Trends
Average rent in Summit: undefined (-0%)
| Rent Price | Jun | vs Last Month |
|---|---|---|
| 2 bed apartments | $1,950 | N/A |
Over the Jul 2021, the average rent for an apartment in/near Summit, NJ decreased by 100% to $0.
Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,950.
| Rent Type Price | Jun | vs Last Month |
|---|---|---|
| Condo rentals | $1,950 | N/A |
Condo for rent is now available for the same pricing as previously — $1,950.
Rent vs Own
- Rent71%
- Own29%
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