2025 Compare Cities Economy:
Summit, NJ vs Lafayette, LA

Change Cities
Highlights
- Household income in Lafayette, is 63% less than it is in Summit and is 25% below the National Average.
- Summit unemployment rate is 8.0%.
- Lafayette unemployment rate is 5.8%.
 Summit, NJLafayette, LAUnited States
 Unemployment Rate  Unlock5.8%6.0%
 Recent Job Growth  Unlock0.3%1.6%
 Future Job Growth22.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock6.0%4.6%
 Income per Cap.$93,807  Unlock$37,638
 Household Income  Unlock$55,329$69,021
 Family Median Income$223,590  Unlock$85,028
 space
 Est. Households By Income
 Summit, NJLafayette, LAUnited States
 Income Less Than 15K  Unlock16.1%9.4%
 Income between 15K and 20K4.0%  Unlock3.8%
 Income between 20K and 30K  Unlock9.8%8.1%
 Income between 30K and 40K2.8%  Unlock8.0%
 Income between 40K and 50K  Unlock7.5%7.6%
 Income between 50K and 60K3.9%  Unlock7.2%
 Income between 60K and 75K  Unlock8.8%9.6%
 Income between 75K and 100K14.9%  Unlock12.8%
 Income between 100K and 150K  Unlock13.3%16.3%
 Income between 150K and 200K8.4%  Unlock7.8%
 Income greater than 200K  Unlock8.6%9.5%
 space1
 Population By Occupation
 Summit, NJLafayette, LAUnited States
 Management, business, finance30.9%  Unlock16.4%
 Engineering, computers, science  Unlock4.8%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock2.5%1.2%
 Education, library5.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.9%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock3.0%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock7.8%5.4%
 Building maintenance2.7%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support18.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair4.9%  Unlock8.1%
 Production, transportation, material moving  Unlock7.9%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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Summit

Reviews for Lafayette    37 Reviews

Over 3 years ago

I should add this to my previous review. Lafayette was ranked "Happiest City in the US" by USA Today magazine and "Tastiest Town" by Southern  More

   |    Reply

I’m from Florida but I’ve lived in the Lafayette area for thirty-five years. I’ve never known nicer people. It’s true that non-Cajuns can never integrate entirely with  More

   |    Reply

What are the hottest neighborhoods to buy/live in right now? I'm from out of  More

   |    Reply

Start Your Review of Lafayette


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.