Home / Select Cities  /  2024 Comparing Vernon, NJ vs. Summit, NJ

2024 Compare Cities Economy:
Vernon, NJ vs Summit, NJ

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Highlights
- Household income in Summit, is 45% more than it is in Vernon and is 54% above the National Average.
- Vernon unemployment rate is 8.6%.
- Summit unemployment rate is 8.0%.

Economy
 Vernon, NJSummit, NJUnited States
 Unemployment Rate8.6%8.0%6.0%
 Recent Job Growth-0.8%-0.7%1.6%
 Future Job Growth20.9%22.3%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$49,093$93,807$37,638
 Household Income$104,136$151,505$69,021
 Family Median Income$113,800$223,590$85,028
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 Est. Households By Income
 Vernon, NJSummit, NJUnited States
 Income Less Than 15K2.9%3.4%9.4%
 Income between 15K and 20K2.8%4.0%3.8%
 Income between 20K and 30K3.9%2.5%8.1%
 Income between 30K and 40K3.1%2.8%8.0%
 Income between 40K and 50K4.7%3.3%7.6%
 Income between 50K and 60K3.9%3.9%7.2%
 Income between 60K and 75K10.6%4.9%9.6%
 Income between 75K and 100K15.1%14.9%12.8%
 Income between 100K and 150K23.8%9.9%16.3%
 Income between 150K and 200K17.6%8.4%7.8%
 Income greater than 200K11.7%42.0%9.5%
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 Population By Occupation
 Vernon, NJSummit, NJUnited States
 Management, business, finance15.9%30.9%16.4%
 Engineering, computers, science6.4%6.2%6.5%
 Community, social services1.1%1.8%1.8%
 Legal2.3%4.8%1.2%
 Education, library8.1%5.6%6.2%
 Arts, design, media, sports, entertainment1.5%3.3%2.0%
 Healthcare practitioners and technology6.7%6.4%6.2%
 Healthcare support2.1%3.2%3.3%
 Firefighters, law enforcement3.8%0.9%2.1%
 Food preparation, serving3.9%3.1%5.4%
 Building maintenance3.1%2.7%3.6%
 Personal care3.2%4.0%2.6%
 Sales, office, administrative support22.6%18.4%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair9.2%4.9%8.1%
 Production, transportation, material moving10.2%3.8%13.1%

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Reviews for Vernon    1 Reviews

Over 17 years ago

For those of you who have an above-median salary, and don't mind commuting BY CAR for employment & university education, Vernon is the place for you. If you like to play  More

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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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ZIPS IN VERNON, NEW JERSEY
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ZIPS IN SUMMIT, NEW JERSEY
07901

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