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

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Highlights
- Household income in Kokomo, is 66% less than it is in Summit and is 34% below the National Average.
- Summit unemployment rate is 8.0%.
- Kokomo unemployment rate is 6.7%.
 Summit, NJKokomo, INUnited States
 Unemployment Rate  Unlock6.7%6.0%
 Recent Job Growth  Unlock4.9%1.6%
 Future Job Growth22.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$93,807  Unlock$37,638
 Household Income  Unlock$51,450$69,021
 Family Median Income$223,590  Unlock$85,028
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 Est. Households By Income
 Summit, NJKokomo, INUnited States
 Income Less Than 15K  Unlock11.0%9.4%
 Income between 15K and 20K4.0%  Unlock3.8%
 Income between 20K and 30K  Unlock10.0%8.1%
 Income between 30K and 40K2.8%  Unlock8.0%
 Income between 40K and 50K  Unlock10.1%7.6%
 Income between 50K and 60K3.9%  Unlock7.2%
 Income between 60K and 75K  Unlock11.1%9.6%
 Income between 75K and 100K14.9%  Unlock12.8%
 Income between 100K and 150K  Unlock12.8%16.3%
 Income between 150K and 200K8.4%  Unlock7.8%
 Income greater than 200K  Unlock2.3%9.5%
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 Population By Occupation
 Summit, NJKokomo, INUnited States
 Management, business, finance30.9%  Unlock16.4%
 Engineering, computers, science  Unlock5.0%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock0.2%1.2%
 Education, library5.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock4.6%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock8.2%5.4%
 Building maintenance2.7%  Unlock3.6%
 Personal care  Unlock2.6%2.6%
 Sales, office, administrative support18.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair4.9%  Unlock8.1%
 Production, transportation, material moving  Unlock25.1%13.1%
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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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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