Summit, AZ
Population 4,410 · Arizona
About Summit, AZ
Summit is a small town located in Arizona with a population of 4,410 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,484 per year, which is 42% below the national median of $75,149. The median age of 42.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Summit features a median home value of $151,000, which is 38% below the national median of $244,900. This positions Summit in a moderately priced market relative to the rest of the country. Median monthly rent is $603, 48% below the national average of $1,163/month. Of the 1,488 total housing units, 68% are owner-occupied (847 units) and 32% are renter-occupied (397 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Summit shows an unemployment rate of 25.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 30.0%, above the national average of 12.4%. Workers in Summit have an average one-way commute time of 28.6 minutes.
Education & Demographics
5.0% of Summit residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 73.9% White, 6.7% Hispanic or Latino, 0.0% Black or African American, and 15.3% Asian residents, with 32.9% of the population being foreign-born.
How Summit Ranks in Arizona
Cost of Living in Summit, AZ
Compared to national averages, Summit has a median household income of $43,484 (42% below the national median of $75,149). Home values average $151,000, which is 38% below the national median. Monthly rent at $603 is 48% below the US average of $1,163. Within Arizona, Summit's income is 30% below the state average of $62,086, and home values are 36% below the state median of $237,048.
Why Live in Summit, AZ?
Summit offers affordable housing with a median home value of $151,000, below the US average of $244,900, and rent that’s lower than the national average at $603/month.
Potential considerations include median household income ($43,484) that falls below the national average. However, Summit’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Summit has a population of 4,410 with a median age of 42.2 years. Compare Summit with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Summit
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eagar | 4,410 | $81,667 | $231,100 | Compare |
| Chinle | 4,395 | $46,458 | $38,000 | Compare |
| Dewey-Humboldt | 4,428 | $64,183 | $411,300 | Compare |
| Whiteriver | 4,308 | $38,205 | $57,000 | Compare |
| South Tucson | 4,601 | $33,734 | $152,300 | Compare |
| Lake Montezuma | 4,615 | $54,081 | $291,900 | Compare |
| Clarkdale | 4,642 | $32,607 | $344,800 | Compare |
| Pinetop-Lakeside | 4,103 | $52,207 | $332,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Summit With Other Cities
Frequently Asked Questions about Summit
What is the population of Summit, AZ?
The population of Summit, AZ is 4,410 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Arizona.
What is the median household income in Summit?
The median household income in Summit, AZ is $43,484 per year, which is 42% below the national median of $75,149.
What is the median home value in Summit?
The median home value in Summit, AZ is $151,000, which is 38% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Summit?
The median monthly rent in Summit, AZ is $603, which is 48% below the national average of $1,163/month.
What is the unemployment rate in Summit?
The unemployment rate in Summit, AZ is 25.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Summit, AZ a good place to live?
Summit offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 4,410 and a median age of 42.2, the city appeals to a broad range of residents.
How educated is Summit, AZ?
5.0% of residents in Summit aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Summit?
Key cost-of-living indicators for Summit, AZ: median home value is $151,000 (38% below national), median rent is $603/month, and median household income is $43,484. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Summit?
The poverty rate in Summit, AZ is 30.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Summit, AZ?
Summit's population is 73.9% White, 6.7% Hispanic or Latino, 0.0% Black or African American, 15.3% Asian, and 0.7% two or more races. 32.9% of residents are foreign-born.