2025 Compare Cities Economy:
Summit, NJ vs Laguna Woods, CA

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Highlights
- Household income in Laguna Woods, is 65% less than it is in Summit and is 30% below the National Average.
- Summit unemployment rate is 8.0%.
- Laguna Woods unemployment rate is 6.4%.
 Summit, NJLaguna Woods, CAUnited States
 Unemployment Rate  Unlock6.4%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$53,076$69,021
 Family Median Income$223,590  Unlock$85,028
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 Est. Households By Income
 Summit, NJLaguna Woods, CAUnited States
 Income Less Than 15K  Unlock12.2%9.4%
 Income between 15K and 20K4.0%  Unlock3.8%
 Income between 20K and 30K  Unlock10.8%8.1%
 Income between 30K and 40K2.8%  Unlock8.0%
 Income between 40K and 50K  Unlock9.1%7.6%
 Income between 50K and 60K3.9%  Unlock7.2%
 Income between 60K and 75K  Unlock10.5%9.6%
 Income between 75K and 100K14.9%  Unlock12.8%
 Income between 100K and 150K  Unlock10.7%16.3%
 Income between 150K and 200K8.4%  Unlock7.8%
 Income greater than 200K  Unlock4.0%9.5%
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 Population By Occupation
 Summit, NJLaguna Woods, CAUnited States
 Management, business, finance30.9%  Unlock16.4%
 Engineering, computers, science  Unlock6.2%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock1.8%1.2%
 Education, library5.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.2%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock8.2%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock2.6%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  Unlock7.4%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 Laguna Woods    3 Reviews

I.ve lived in Laguna Woods Village since 2020 and I like it. There is a sense of tranquility here and community with my neighbors. The best part of it is that there's a  More

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Over 8 years ago

I live here now and its my 3 rd home. Bigger 3 bedroom to a smaller1 bedroom and now a 2 bedroom. Its a great safe quiet and extremely well planned city...beautiful  More

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Over 17 years ago

The city of Laguna Woods is primarily a gated over 55 senior community that was formerly Leisure World. It is a very well run community with many activities including a  More

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