Summitville, IN
Population 1,233 · Indiana
About Summitville, IN
Summitville is a small town located in Indiana with a population of 1,233 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,000 per year, which is 24% below the national median of $75,149. The median age of 39.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Summitville features a median home value of $89,000, which is 64% below the national median of $244,900. This makes Summitville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $790, 32% below the national average of $1,163/month. Of the 480 total housing units, 73% are owner-occupied (324 units) and 27% are renter-occupied (118 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Summitville shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 16.7%, above the national average of 12.4%. Workers in Summitville have an average one-way commute time of 24 minutes.
Education & Demographics
11.3% of Summitville 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 0.9% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Summitville, IN
Compared to national averages, Summitville has a median household income of $57,000 (24% below the national median of $75,149). Home values average $89,000, which is 64% below the national median. Monthly rent at $790 is 32% below the US average of $1,163. Within Indiana, Summitville's income is 18% below the state average of $69,330, and home values are 46% below the state median of $163,409.
Why Live in Summitville, IN?
Summitville offers affordable housing with a median home value of $89,000, below the US average of $244,900, and rent that’s lower than the national average at $790/month, and short commute times averaging just 24 minutes.
Potential considerations include median household income ($57,000) that falls below the national average. However, Summitville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Summitville has a population of 1,233 with a median age of 39.9 years. Compare Summitville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Summitville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Owensville | 1,232 | $57,438 | $114,800 | Compare |
| Parker City | 1,236 | $56,875 | $91,700 | Compare |
| Jamestown | 1,225 | $70,083 | $180,400 | Compare |
| Hudson Lake | 1,245 | $95,116 | $163,500 | Compare |
| Grabill | 1,248 | $62,788 | $152,400 | Compare |
| Wanatah | 1,248 | $60,938 | $191,200 | Compare |
| Koontz Lake | 1,217 | $78,081 | $124,500 | Compare |
| Ogden Dunes | 1,213 | $116,042 | $455,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Summitville With Other Cities
Frequently Asked Questions about Summitville
What is the population of Summitville, IN?
The population of Summitville, IN is 1,233 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Summitville?
The median household income in Summitville, IN is $57,000 per year, which is 24% below the national median of $75,149.
What is the median home value in Summitville?
The median home value in Summitville, IN is $89,000, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Summitville?
The median monthly rent in Summitville, IN is $790, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Summitville?
The unemployment rate in Summitville, IN is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Summitville, IN a good place to live?
Summitville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,233 and a median age of 39.9, the city appeals to a broad range of residents.
How educated is Summitville, IN?
11.3% of residents in Summitville 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 Summitville?
Key cost-of-living indicators for Summitville, IN: median home value is $89,000 (64% below national), median rent is $790/month, and median household income is $57,000. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Summitville?
The poverty rate in Summitville, IN is 16.7%, 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 Summitville, IN?
Summitville's population is 0.9% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.4% two or more races. 0.3% of residents are foreign-born.