Summit, WI
Population 4,997 · Wisconsin
About Summit, WI
Summit is a small community in Wisconsin with a population of 4,997 residents. The median household income is $124,750 per year, which is above the national average. The median age in Summit is 53.2 years.
Housing in Summit has a median home value of $510,200 and median monthly rent of $1,734. Of the 2,299 total housing units, the majority are owner-occupied, with 1,819 owner-occupied and 184 renter-occupied units.
The unemployment rate in Summit is 0.0% and the poverty rate is 7.0%. 55.3% of residents hold a bachelor's degree or higher. The average commute time is 27 minutes.
How Summit Ranks in Wisconsin
Cost of Living in Summit, WI
Compared to national averages, Summit has a median household income of $124,750 (66% above the national median of $75,149). Home values average $510,200, which is 108% above the national median. Monthly rent at $1,734 is 49% above the US average of $1,163. Within Wisconsin, Summit's income is 72% above the state average of $72,579, and home values are 148% above the state median of $205,802.
Why Live in Summit, WI?
Summit offers a strong local economy with a median household income of $124,750, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 55.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $510,200. However, Summit’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Summit has a population of 4,997 with a median age of 53.2 years. Compare Summit with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Summit
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dodgeville | 5,013 | $72,768 | $234,000 | Compare |
| Union Grove | 4,968 | $94,621 | $258,100 | Compare |
| Wind Lake | 5,028 | $100,306 | $357,500 | Compare |
| Richland Center | 5,030 | $51,472 | $137,700 | Compare |
| Lake Wisconsin | 5,051 | $116,053 | $421,500 | Compare |
| Okauchee Lake | 4,827 | $129,241 | $473,600 | Compare |
| Mayville | 5,169 | $66,453 | $184,800 | Compare |
| Tichigan | 5,173 | $124,821 | $386,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Summit
What is the population of Summit, WI?
The population of Summit, WI is 4,997 according to the latest Census data.
What is the median household income in Summit?
The median household income in Summit, WI is $124,750 per year.
What is the median home value in Summit?
The median home value in Summit, WI is $510,200.
What is the average rent in Summit?
The median monthly rent in Summit, WI is $1,734.
What is the unemployment rate in Summit?
The unemployment rate in Summit, WI is 0.0%.