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

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Highlights
- Household income in Summit, is 7% more than it is in Verona and is 54% above the National Average.
- Verona unemployment rate is 9.6%.
- Summit unemployment rate is 8.0%.

Economy
 Verona, NJSummit, NJUnited States
 Unemployment Rate9.6%8.0%6.0%
 Recent Job Growth-0.7%-0.7%1.6%
 Future Job Growth20.9%22.3%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$73,991$93,807$37,638
 Household Income$141,040$151,505$69,021
 Family Median Income$170,820$223,590$85,028
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 Est. Households By Income
 Verona, NJSummit, NJUnited States
 Income Less Than 15K5.6%3.4%9.4%
 Income between 15K and 20K1.4%4.0%3.8%
 Income between 20K and 30K3.1%2.5%8.1%
 Income between 30K and 40K4.0%2.8%8.0%
 Income between 40K and 50K2.3%3.3%7.6%
 Income between 50K and 60K4.8%3.9%7.2%
 Income between 60K and 75K4.9%4.9%9.6%
 Income between 75K and 100K8.7%14.9%12.8%
 Income between 100K and 150K18.7%9.9%16.3%
 Income between 150K and 200K12.5%8.4%7.8%
 Income greater than 200K34.1%42.0%9.5%
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 Population By Occupation
 Verona, NJSummit, NJUnited States
 Management, business, finance25.5%30.9%16.4%
 Engineering, computers, science5.7%6.2%6.5%
 Community, social services3.6%1.8%1.8%
 Legal3.2%4.8%1.2%
 Education, library12.4%5.6%6.2%
 Arts, design, media, sports, entertainment4.3%3.3%2.0%
 Healthcare practitioners and technology7.6%6.4%6.2%
 Healthcare support0.5%3.2%3.3%
 Firefighters, law enforcement2.2%0.9%2.1%
 Food preparation, serving2.1%3.1%5.4%
 Building maintenance0.7%2.7%3.6%
 Personal care2.1%4.0%2.6%
 Sales, office, administrative support20.5%18.4%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.5%4.9%8.1%
 Production, transportation, material moving6.2%3.8%13.1%

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Reviews for Verona    1 Reviews

Great little town. I attend services in the Hill Street area. Love walking the town and Verona lake park, a gem in the summer. Lately the town has some strange  More

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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

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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

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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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ZIPS IN VERONA, NEW JERSEY
No Zip Codes Here.
ZIPS IN SUMMIT, NEW JERSEY
07901

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