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2024 Compare Cities Economy:
Summit, NJ vs Philadelphia, PA

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Highlights
- Household income in Philadelphia, is 65% less than it is in Summit and is 31% below the National Average.
- Summit unemployment rate is 8.0%.
- Philadelphia unemployment rate is 10.6%.

Economy
 Summit, NJPhiladelphia, PAUnited States
 Unemployment Rate8.0%10.6%6.0%
 Recent Job Growth-0.7%1.2%1.6%
 Future Job Growth22.3%28.4%33.5%
 Sales Taxes6.6%8.0%6.2%
 Income Taxes5.5%7.0%4.6%
 Income per Cap.$93,807$32,344$37,638
 Household Income$151,505$52,649$69,021
 Family Median Income$223,590$61,655$85,028
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 Est. Households By Income
 Summit, NJPhiladelphia, PAUnited States
 Income Less Than 15K3.4%17.1%9.4%
 Income between 15K and 20K4.0%5.2%3.8%
 Income between 20K and 30K2.5%9.4%8.1%
 Income between 30K and 40K2.8%8.7%8.0%
 Income between 40K and 50K3.3%7.6%7.6%
 Income between 50K and 60K3.9%7.4%7.2%
 Income between 60K and 75K4.9%9.1%9.6%
 Income between 75K and 100K14.9%11.3%12.8%
 Income between 100K and 150K9.9%12.4%16.3%
 Income between 150K and 200K8.4%5.4%7.8%
 Income greater than 200K42.0%6.3%9.5%
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 Population By Occupation
 Summit, NJPhiladelphia, PAUnited States
 Management, business, finance30.9%15.3%16.4%
 Engineering, computers, science6.2%5.8%6.5%
 Community, social services1.8%2.9%1.8%
 Legal4.8%1.8%1.2%
 Education, library5.6%6.3%6.2%
 Arts, design, media, sports, entertainment3.3%2.3%2.0%
 Healthcare practitioners and technology6.4%7.5%6.2%
 Healthcare support3.2%6.4%3.3%
 Firefighters, law enforcement0.9%3.5%2.1%
 Food preparation, serving3.1%5.3%5.4%
 Building maintenance2.7%3.6%3.6%
 Personal care4.0%3.0%2.6%
 Sales, office, administrative support18.4%19.1%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair4.9%5.1%8.1%
 Production, transportation, material moving3.8%12.0%13.1%

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Reviews for Summit    5 Reviews

Over 16 years ago

While there seems to be a good amount of cultural activities and diversity in this area, and it is done with the intention that it makes people feel diverse, when they  More

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Over 18 years ago

A very nice town. If you have lots of money to spend on housing and really want to be in Summit then it is worth it. The water and air quality are terrible. And as a  More

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Summit, NJ is a very expensive place to live. But the town does a great job of making it worth every penny. Community activities, train station, quite neighborhoods,  More

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Reviews for Philadelphia    139 Reviews

Philadelphia is a very walkable and fun city to explore (albeit be aware of where not to explore at least at night). The city has beautiful old architecture , great  More

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I’m originally from New York City, then lived in a small city in upstate New York for eight years, then moved down to Philadelphia and have lived here for many years.  More

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Now the only reason some people disagree is because MONEY. If you live in “manayunk” (which I lived for 2 years) you can’t compare … you can’t compare your out skirt  More

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ZIPS IN SUMMIT, NEW JERSEY
07901
ZIPS IN PHILADELPHIA, PENNSYLVANIA
19120, 19111, 19124, 19143, 19134, 19149, 19104, 19148, 19140, 19145, 48 total

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