Summit, NJ — Demographics & Statistics
ZIP code 07901 serves a portion of Summit, New Jersey, within Union County. This community is home to approximately 36,523 residents, with a median age of 42.8 years. The median household income of $81,441 sits above the national median of $67,521, while median home values of $447,925 are above the national average of $301,500. The area has a owner-majority housing profile, with 69% owner-occupied and 31% renter-occupied units. Cost of living in this part of Summit is higher than the national baseline, with an index of 153 (100 = national average). With a college-education rate of 38% and an unemployment rate of 5.4%, 07901 reflects the economic character of Union County in New Jersey.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 36,523 | — |
| Population | Density (per sq mi) | 20,731 | — |
| Economics | Median Household Income | $81,441 | ↑ 21% vs nat'l avg |
| Economics | Median Home Value | $447,925 | ↑ 49% vs nat'l avg |
| Economics | Cost of Living Index | 153 | ↑ Higher than avg |
| Economics | Unemployment Rate | 5.4% | ↑ 38% vs nat'l avg |
| Economics | Below Poverty Line | 3.9% | ↓ 66% vs nat'l avg |
| Education | College Educated (25+) | 38% | ↑ 9% vs nat'l avg |
| Demographics | Median Age | 42.8 yrs | ↑ 11% vs nat'l avg |
| Housing | Owner-Occupied | 69% | — |
| Housing | Renter-Occupied | 31% | — |
| Housing | Total Housing Units | 18,261 | — |