2025 Compare Cities Economy:
Frederick, MD vs Summit, NJ

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Highlights
- Household income in Summit, is 84% more than it is in Frederick and is 54% above the National Average.
- Frederick unemployment rate is 5.4%.
- Summit unemployment rate is 8.0%.
 Frederick, MDSummit, NJUnited States
 Unemployment Rate  Unlock8.0%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth30.6%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$41,649  Unlock$37,638
 Household Income  Unlock$151,505$69,021
 Family Median Income$101,898  Unlock$85,028
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 Est. Households By Income
 Frederick, MDSummit, NJUnited States
 Income Less Than 15K  Unlock3.4%9.4%
 Income between 15K and 20K1.9%  Unlock3.8%
 Income between 20K and 30K  Unlock2.5%8.1%
 Income between 30K and 40K5.7%  Unlock8.0%
 Income between 40K and 50K  Unlock3.3%7.6%
 Income between 50K and 60K7.5%  Unlock7.2%
 Income between 60K and 75K  Unlock4.9%9.6%
 Income between 75K and 100K14.5%  Unlock12.8%
 Income between 100K and 150K  Unlock9.9%16.3%
 Income between 150K and 200K11.2%  Unlock7.8%
 Income greater than 200K  Unlock42.0%9.5%
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 Population By Occupation
 Frederick, MDSummit, NJUnited States
 Management, business, finance17.3%  Unlock16.4%
 Engineering, computers, science  Unlock6.2%6.5%
 Community, social services1.7%  Unlock1.8%
 Legal  Unlock4.8%1.2%
 Education, library6.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.3%2.0%
 Healthcare practitioners and technology5.2%  Unlock6.2%
 Healthcare support  Unlock3.2%3.3%
 Firefighters, law enforcement2.6%  Unlock2.1%
 Food preparation, serving  Unlock3.1%5.4%
 Building maintenance4.4%  Unlock3.6%
 Personal care  Unlock4.0%2.6%
 Sales, office, administrative support19.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair8.1%  Unlock8.1%
 Production, transportation, material moving  Unlock3.8%13.1%
Reviews for Frederick    19 Reviews

Over 6 years ago

I have been here 28 years,working in D.C with 3-4 hour commute ,one highway only to travel.Traffic is awful 24-7.Abandoned shopping centers for 10-15 years,& other  More

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Company with the most  More

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Over 11 years ago

Crime seems to be pretty low here. Police do an excellent  More

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Reviews for Summit    5 Reviews

Over 17 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 19 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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