2026 Compare Cities Economy:
Summit, NJ vs Laguna Beach, CA

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Highlights
- Household income in Laguna Beach, is 10% less than it is in Summit and is 49% above the National Average.
- Summit unemployment rate is 8.0%.
- Laguna Beach unemployment rate is 5.1%.
 Summit, NJLaguna Beach, CAUnited States
 Unemployment Rate  Unlock5.1%6.0%
 Recent Job Growth  Unlock0.6%1.6%
 Future Job Growth22.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock8.0%4.6%
 Income per Cap.$93,807  Unlock$37,638
 Household Income  Unlock$135,976$69,021
 Family Median Income$223,590  Unlock$85,028
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 Est. Households By Income
 Summit, NJLaguna Beach, CAUnited States
 Income Less Than 15K  Unlock4.5%9.4%
 Income between 15K and 20K4.0%  Unlock3.8%
 Income between 20K and 30K  Unlock4.1%8.1%
 Income between 30K and 40K2.8%  Unlock8.0%
 Income between 40K and 50K  Unlock3.0%7.6%
 Income between 50K and 60K3.9%  Unlock7.2%
 Income between 60K and 75K  Unlock6.8%9.6%
 Income between 75K and 100K14.9%  Unlock12.8%
 Income between 100K and 150K  Unlock13.7%16.3%
 Income between 150K and 200K8.4%  Unlock7.8%
 Income greater than 200K  Unlock34.6%9.5%
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 Population By Occupation
 Summit, NJLaguna Beach, CAUnited States
 Management, business, finance30.9%  Unlock16.4%
 Engineering, computers, science  Unlock9.7%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock3.6%1.2%
 Education, library5.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock6.6%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock1.6%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock3.8%5.4%
 Building maintenance2.7%  Unlock3.6%
 Personal care  Unlock1.3%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  Unlock4.1%13.1%
Reviews for Summit    5 Reviews

Over 18 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 20 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 Laguna Beach    3 Reviews

Over 14 years ago

... always great to go home to. But i don't live there now, haven't for 10 years. Beautiful as it is, if you've got wanderlust you're always somewhere else. Avoid  More

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Over 17 years ago

Mediterranean climate, one of the best in the  More

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Laguna Beach is peaceful and beautiful. If you have the money for housing you will enjoy living here. However, during the seasonal Pageant of the Masters and Summer Art  More

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