2025 Compare Cities Economy:
Summit, NJ vs Rumson, NJ

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Highlights
- Household income in Rumson, is 58% more than it is in Summit and is 71% above the National Average.
- Summit unemployment rate is 8.0%.
- Rumson unemployment rate is 6.8%.
 Summit, NJRumson, NJUnited States
 Unemployment Rate  Unlock6.8%6.0%
 Recent Job Growth  Unlock-0.2%1.6%
 Future Job Growth22.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$93,807  Unlock$37,638
 Household Income  Unlock$239,188$69,021
 Family Median Income$223,590  Unlock$85,028
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 Est. Households By Income
 Summit, NJRumson, NJUnited States
 Income Less Than 15K  Unlock2.6%9.4%
 Income between 15K and 20K4.0%  Unlock3.8%
 Income between 20K and 30K  Unlock1.5%8.1%
 Income between 30K and 40K2.8%  Unlock8.0%
 Income between 40K and 50K  Unlock2.9%7.6%
 Income between 50K and 60K3.9%  Unlock7.2%
 Income between 60K and 75K  Unlock2.1%9.6%
 Income between 75K and 100K14.9%  Unlock12.8%
 Income between 100K and 150K  Unlock11.2%16.3%
 Income between 150K and 200K8.4%  Unlock7.8%
 Income greater than 200K  Unlock56.6%9.5%
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 Population By Occupation
 Summit, NJRumson, NJUnited States
 Management, business, finance30.9%  Unlock16.4%
 Engineering, computers, science  Unlock5.3%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock4.3%1.2%
 Education, library5.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.0%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock0.6%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock4.3%5.4%
 Building maintenance2.7%  Unlock3.6%
 Personal care  Unlock1.6%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  Unlock3.2%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 Rumson    3 Reviews

Over 16 years ago

I have been nothing short of amazed at the quality of eduction offered by the public school system in the Rumson elementary system: the leadership and quality displayed  More

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Rumson, NJ is one of those rare places where you really can have it all. A quick 40 minute ferry ride takes you to New York City for all it has to offer for work,  More

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Over 17 years ago

The beach, 1 hour to New York, Mansions, Regular Houses, Great People, High Taxes, so much  More

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