2025 Compare Cities Economy:
Kokomo, IN vs Summit, NJ

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Highlights
- Household income in Summit, is 194% more than it is in Kokomo and is 54% above the National Average.
- Kokomo unemployment rate is 6.7%.
- Summit unemployment rate is 8.0%.
 Kokomo, INSummit, NJUnited States
 Unemployment Rate  Unlock8.0%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth41.2%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$29,046  Unlock$37,638
 Household Income  Unlock$151,505$69,021
 Family Median Income$65,490  Unlock$85,028
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 Est. Households By Income
 Kokomo, INSummit, NJUnited States
 Income Less Than 15K  Unlock3.4%9.4%
 Income between 15K and 20K5.6%  Unlock3.8%
 Income between 20K and 30K  Unlock2.5%8.1%
 Income between 30K and 40K11.9%  Unlock8.0%
 Income between 40K and 50K  Unlock3.3%7.6%
 Income between 50K and 60K8.4%  Unlock7.2%
 Income between 60K and 75K  Unlock4.9%9.6%
 Income between 75K and 100K12.3%  Unlock12.8%
 Income between 100K and 150K  Unlock9.9%16.3%
 Income between 150K and 200K4.5%  Unlock7.8%
 Income greater than 200K  Unlock42.0%9.5%
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 Population By Occupation
 Kokomo, INSummit, NJUnited States
 Management, business, finance10.4%  Unlock16.4%
 Engineering, computers, science  Unlock6.2%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock4.8%1.2%
 Education, library3.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.3%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock3.2%3.3%
 Firefighters, law enforcement1.5%  Unlock2.1%
 Food preparation, serving  Unlock3.1%5.4%
 Building maintenance4.8%  Unlock3.6%
 Personal care  Unlock4.0%2.6%
 Sales, office, administrative support19.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.4%  Unlock8.1%
 Production, transportation, material moving  Unlock3.8%13.1%
Reviews for Kokomo    11 Reviews

I hate to be so harsh on this place. The majority of people are here against their will. It’s low income, not a lot of job opportunities, and a place that’s hard to  More

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Over 4 years ago

Old factory town filled with rednecks and crime. A prime drug trading spot for gangs from Chicago and Detroit, this town has it all! With below par water and air safety  More

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Extremely boring town with hardly any social activities to partake in. Lots of parks. Markland mall, restaurants around SR31 around Alto and the YMCA in the so called  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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