2026 Compare Cities Economy:
Summit, NJ vs Miami Beach, FL

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Highlights
- Household income in Miami Beach, is 61% less than it is in Summit and is 17% below the National Average.
- Summit unemployment rate is 8.0%.
- Miami Beach unemployment rate is 5.9%.
 Summit, NJMiami Beach, FLUnited States
 Unemployment Rate  Unlock5.9%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth22.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$93,807  Unlock$37,638
 Household Income  Unlock$59,162$69,021
 Family Median Income$223,590  Unlock$85,028
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 Est. Households By Income
 Summit, NJMiami Beach, FLUnited States
 Income Less Than 15K  Unlock13.6%9.4%
 Income between 15K and 20K4.0%  Unlock3.8%
 Income between 20K and 30K  Unlock9.6%8.1%
 Income between 30K and 40K2.8%  Unlock8.0%
 Income between 40K and 50K  Unlock7.2%7.6%
 Income between 50K and 60K3.9%  Unlock7.2%
 Income between 60K and 75K  Unlock8.7%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  Unlock12.4%9.5%
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 Population By Occupation
 Summit, NJMiami Beach, FLUnited States
 Management, business, finance30.9%  Unlock16.4%
 Engineering, computers, science  Unlock5.0%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock3.2%1.2%
 Education, library5.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.6%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock11.1%5.4%
 Building maintenance2.7%  Unlock3.6%
 Personal care  Unlock4.5%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  Unlock6.4%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 Miami Beach    15 Reviews

I like it cause its walkable. Bert in general doesn't know much and the biggest problem in Miami Beach is rising oceans. Just Google that. Its a nice place to visit  More

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Over 9 years ago

Great place to live, eat and spend holidays with  More

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Over 10 years ago

Life here are extremely expensive, I lived here 1 year ago, and this's my opinion, bad things, the parking are the worst in Miami Area, there are no space, a lot of  More

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