Home / Select Cities  /  2024 Comparing Summit, NJ vs. Rumson, NJ

2024 Compare Cities Economy:
Summit, NJ vs Rumson, NJ

Change Cities
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%.

Economy
 Summit, NJRumson, NJUnited States
 Unemployment Rate8.0%6.8%6.0%
 Recent Job Growth-0.7%-0.2%1.6%
 Future Job Growth22.3%26.8%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$93,807$121,311$37,638
 Household Income$151,505$239,188$69,021
 Family Median Income$223,590$250,001$85,028
 space
 Est. Households By Income
 Summit, NJRumson, NJUnited States
 Income Less Than 15K3.4%2.6%9.4%
 Income between 15K and 20K4.0%1.5%3.8%
 Income between 20K and 30K2.5%1.5%8.1%
 Income between 30K and 40K2.8%3.4%8.0%
 Income between 40K and 50K3.3%2.9%7.6%
 Income between 50K and 60K3.9%2.7%7.2%
 Income between 60K and 75K4.9%2.1%9.6%
 Income between 75K and 100K14.9%3.8%12.8%
 Income between 100K and 150K9.9%11.2%16.3%
 Income between 150K and 200K8.4%11.7%7.8%
 Income greater than 200K42.0%56.6%9.5%
 space1
 Population By Occupation
 Summit, NJRumson, NJUnited States
 Management, business, finance30.9%33.3%16.4%
 Engineering, computers, science6.2%5.3%6.5%
 Community, social services1.8%1.2%1.8%
 Legal4.8%4.3%1.2%
 Education, library5.6%9.8%6.2%
 Arts, design, media, sports, entertainment3.3%3.0%2.0%
 Healthcare practitioners and technology6.4%4.2%6.2%
 Healthcare support3.2%0.6%3.3%
 Firefighters, law enforcement0.9%4.7%2.1%
 Food preparation, serving3.1%4.3%5.4%
 Building maintenance2.7%0.7%3.6%
 Personal care4.0%1.6%2.6%
 Sales, office, administrative support18.4%22.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair4.9%1.7%8.1%
 Production, transportation, material moving3.8%3.2%13.1%

View More Data >

Reviews for Summit    5 Reviews

Over 16 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

   |    Reply

Over 18 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

   |    Reply

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

   |    Reply

Start Your Review of Summit

Reviews for Rumson    3 Reviews

Over 15 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

   |    Reply

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

   |    Reply

Over 16 years ago

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

   |    Reply

Start Your Review of Rumson

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Summit, New Jersey Cost of Living vs Rumson, New Jersey Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN SUMMIT, NEW JERSEY
07901
ZIPS IN RUMSON, NEW JERSEY
07760

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now