Summit Lake, WI
Population 97 · Wisconsin
About Summit Lake, WI
Summit Lake is a small community located in Wisconsin with a population of 97 residents according to the latest US Census Bureau American Community Survey data. The median household income is $74,286 per year, which is 1% below the national median of $75,149. The median age of 63.2 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 Lake features a median home value of $243,800, which is 0% below the national median of $244,900. This positions Summit Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 140 total housing units, 100% are owner-occupied (50 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Summit Lake shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Summit Lake have an average one-way commute time of 27.9 minutes.
Education & Demographics
16.1% of Summit Lake 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Summit Lake, WI
Compared to national averages, Summit Lake has a median household income of $74,286 (1% below the national median of $75,149). Home values average $243,800, which is 0% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Wisconsin, Summit Lake's income is 2% above the state average of $72,579, and home values are 18% above the state median of $205,802.
Why Live in Summit Lake, WI?
Summit Lake offers affordable housing with a median home value of $243,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 6.2%, better than the national average.
Potential considerations include median household income ($74,286) that falls below the national average. However, Summit Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Summit Lake has a population of 97 with a median age of 63.2 years. Compare Summit Lake with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Summit Lake
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Argonne | 98 | $63,250 | $146,400 | Compare |
| Couderay | 96 | $51,979 | $77,500 | Compare |
| Glen Flora | 96 | $70,833 | $115,000 | Compare |
| Bell Center | 95 | $0 | $0 | Compare |
| Lublin | 99 | $45,625 | $122,500 | Compare |
| Jolmaville | 101 | $79,750 | $235,000 | Compare |
| Townsend | 93 | $76,563 | $207,100 | Compare |
| Whittlesey | 93 | $63,250 | $176,800 | 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 Lake
What is the population of Summit Lake, WI?
The population of Summit Lake, WI is 97 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wisconsin.
What is the median household income in Summit Lake?
The median household income in Summit Lake, WI is $74,286 per year, which is 1% below the national median of $75,149.
What is the median home value in Summit Lake?
The median home value in Summit Lake, WI is $243,800, which is 0% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Summit Lake?
The median monthly rent in Summit Lake, WI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Summit Lake?
The unemployment rate in Summit Lake, WI is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Summit Lake, WI a good place to live?
Summit Lake offers a moderate cost of living, affordable housing, and a strong job market. With a population of 97 and a median age of 63.2, the city appeals to established professionals and retirees.
How educated is Summit Lake, WI?
16.1% of residents in Summit Lake 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 Lake?
Key cost-of-living indicators for Summit Lake, WI: median home value is $243,800 (0% below national), median rent is $0/month, and median household income is $74,286. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Summit Lake?
The poverty rate in Summit Lake, WI is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Summit Lake, WI?
Summit Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.