2025 Compare Cities Economy:
Summit, NJ vs Palos Verdes Estates, CA

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Highlights
- Household income in Palos Verdes Estates, is 34% more than it is in Summit and is 66% above the National Average.
- Summit unemployment rate is 8.0%.
- Palos Verdes Estates unemployment rate is 10.9%.
 Summit, NJPalos Verdes Estates, CAUnited States
 Unemployment Rate  Unlock10.9%6.0%
 Recent Job Growth  Unlock0.7%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$202,569$69,021
 Family Median Income$223,590  Unlock$85,028
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 Est. Households By Income
 Summit, NJPalos Verdes Estates, CAUnited States
 Income Less Than 15K  Unlock5.1%9.4%
 Income between 15K and 20K4.0%  Unlock3.8%
 Income between 20K and 30K  Unlock2.5%8.1%
 Income between 30K and 40K2.8%  Unlock8.0%
 Income between 40K and 50K  Unlock3.4%7.6%
 Income between 50K and 60K3.9%  Unlock7.2%
 Income between 60K and 75K  Unlock2.2%9.6%
 Income between 75K and 100K14.9%  Unlock12.8%
 Income between 100K and 150K  Unlock14.2%16.3%
 Income between 150K and 200K8.4%  Unlock7.8%
 Income greater than 200K  Unlock50.6%9.5%
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 Population By Occupation
 Summit, NJPalos Verdes Estates, CAUnited States
 Management, business, finance30.9%  Unlock16.4%
 Engineering, computers, science  Unlock5.0%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock8.1%1.2%
 Education, library5.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.3%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock0.4%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock1.6%5.4%
 Building maintenance2.7%  Unlock3.6%
 Personal care  Unlock1.7%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  Unlock2.0%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 Palos Verdes Estates    3 Reviews

Palos Verdes Estates California is one of the best places to live in California. Beginning with the weather: since we are on the Palos Verdes Peninsula, the city is  More

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Palos Verdes Estates is one of the best kept secrets in the world. Who would have dreamed of living in a georgeous area, where you can take long strolls above the  More

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Over 18 years ago

Great place to live, clean air and fantastic ocean views. Cons:   More

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