Summit, Arizona
Moving to or Living in Summit Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Summit, Arizona
Moving to Summit In Arizona ? Find out the best and worst about to live, raise a family or retire in Summit, the Pros and Cons of Living in Summit.
Explore the life in Summit based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Summit, Arizona
Is Summit, Arizona a good place to live?
Summit is a city in Arizona state in USA with a population of 5066 residents..
The poverty rate of Summit is 22.7%, which is 62% higher than national average.
The typical household in Summit earns $38871 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 31 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 69% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Summit are struggling financially. Nearly one in every 1 in every 4 workers in Summit is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.
A high school education is a basic prerequisite for most jobs, and in Summit, only 54% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Summit remained 27.1%, which is 477% higher than national rate. Nearly 6 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Summit, only 2% of adults have a bachelor's degree and 26% have some college but no degree.
Cost of living in Summit is 83, which is 17% lower than national average. Median home value in Summit is $83400 , which is 64% lower than national average. While median income in Summit remained $38871, which is 42% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Summit, only 54% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Summit remained 27.1%, which is 477% higher than national rate. Nearly 6 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Summit, only 2% of adults have a bachelor's degree and 26% have some college but no degree.
Cost of living in Summit is 83, which is 17% lower than national average. Median home value in Summit is $83400 , which is 64% lower than national average. While median income in Summit remained $38871, which is 42% lower than national average.
Population
5066
Unemployment
27.1%
Poverty
22.7%
Overall Score
3
Median Home
$83400
64%
NAT AVG.
Median Income
$38871
42%
NAT AVG.
Median Rent
$561
52%
NAT AVG.
Cost Of Living
83
17%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 4
People Earning < $10,000
1 in 31
People Earning < $50,000
69%
People with <= High School
1 in 1.4
People With Any Degree
1 in 12.5
Pros & Cons Overview
Jobs30%
Housing30%
Affordability85%
Safety80%
Amenities80%
Diversity60%
Education10%
Commute70%
Cost of Living
| Expense | Summit | Arizona | National Avg. |
|---|---|---|---|
| Services | 106 | 98 | 100 |
| Groceries | 105 | 98 | 100 |
| Health | 103 | 98 | 100 |
| Housing | 43 | 97 | 100 |
| Transportation | 98 | 105 | 100 |
| Utilities | 102 | 103 | 100 |
Cost of Living
Gender
| Gender | Summit | Arizona | Country |
|---|---|---|---|
| Female | 44.5% | 50.3% | 50.8% |
| Male | 55.5% | 49.7% | 49.2% |
Gender
Household Income
| Income | Summit | Arizona | Country |
|---|---|---|---|
| Less than $10,000 | 3.2% | 5.9% | 5.8% |
| $10,000 to $14,999 | 6.4% | 3.7% | 4.1% |
| $15,000 to $24,999 | 16.1% | 8.6% | 8.5% |
| $25,000 to $34,999 | 9.9% | 9% | 8.6% |
| $35,000 to $49,999 | 33.4% | 13.3% | 12.0% |
| $50,000 to $74,999 | 13.9% | 18.6% | 17.2% |
| $75,000 to $99,999 | 5.9% | 13.2% | 12.8% |
| $100,000 to $149,999 | 7.3% | 15% | 15.6% |
| $150,000 to $199,999 | 3.8% | 6.1% | 7.1% |
| $200,000 or more | 0% | 6.4% | 8.3% |
Education
| Education | Summit | Arizona | Country |
|---|---|---|---|
| < 9th Grade | 11% | 5% | 5.0% |
| 9-12th Grade | 35% | 7% | 7.0% |
| High School or GED | 26% | 24% | 27.0% |
| Other College | 20% | 25% | 20.0% |
| Associate's Degree | 6% | 9% | 9% |
| Bachelor's Degree | 2% | 19% | 20.0% |
| Master's Degree | 0% | 8% | 9.0% |
| Professional Degree | 0% | 2% | 2.0% |
| Doctorate Degree | 0% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | Summit | Arizona | Country |
|---|---|---|---|
| White | 11.1% | 54.1% | 60.1% |
| African American | 0.5% | 4.3% | 12.2% |
| American Indian | 0.3% | 3.8% | 0.6% |
| Asian | 0% | 3.2% | 5.6% |
| Hawaiian | 0% | 0.2% | 0.2% |
| Other | 0% | 0.2% | 0.3% |
| Multiracial | 0.2% | 2.6% | 2.8% |
| Hispanic | 88% | 31.5% | 18.2% |