2024 Compare Cities Economy:
Vestal, NY vs Summit, NJ

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Highlights
- Household income in Summit, is 116% more than it is in Vestal and is 54% above the National Average.
- Vestal unemployment rate is 5.2%.
- Summit unemployment rate is 8.0%.
 Vestal, NYSummit, NJUnited States
 Unemployment Rate5.2%8.0%6.0%
 Recent Job Growth-0.3%-0.7%1.6%
 Future Job Growth19.5%22.3%33.5%
 Sales Taxes8.0%6.6%6.2%
 Income Taxes6.2%5.5%4.6%
 Income per Cap.$35,683$93,807$37,638
 Household Income$70,123$151,505$69,021
 Family Median Income$94,742$223,590$85,028
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 Est. Households By Income
 Vestal, NYSummit, NJUnited States
 Income Less Than 15K10.5%3.4%9.4%
 Income between 15K and 20K4.6%4.0%3.8%
 Income between 20K and 30K7.9%2.5%8.1%
 Income between 30K and 40K7.8%2.8%8.0%
 Income between 40K and 50K7.0%3.3%7.6%
 Income between 50K and 60K4.1%3.9%7.2%
 Income between 60K and 75K10.5%4.9%9.6%
 Income between 75K and 100K11.7%14.9%12.8%
 Income between 100K and 150K18.5%9.9%16.3%
 Income between 150K and 200K6.6%8.4%7.8%
 Income greater than 200K11.0%42.0%9.5%
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 Population By Occupation
 Vestal, NYSummit, NJUnited States
 Management, business, finance14.0%30.9%16.4%
 Engineering, computers, science6.8%6.2%6.5%
 Community, social services3.4%1.8%1.8%
 Legal1.3%4.8%1.2%
 Education, library14.6%5.6%6.2%
 Arts, design, media, sports, entertainment1.4%3.3%2.0%
 Healthcare practitioners and technology8.9%6.4%6.2%
 Healthcare support3.5%3.2%3.3%
 Firefighters, law enforcement2.6%0.9%2.1%
 Food preparation, serving5.1%3.1%5.4%
 Building maintenance2.4%2.7%3.6%
 Personal care3.5%4.0%2.6%
 Sales, office, administrative support21.2%18.4%20.9%
 Farming, fishing, forestry0.5%0.0%0.6%
 Construction, extraction, maintenance/repair2.7%4.9%8.1%
 Production, transportation, material moving8.0%3.8%13.1%
Reviews for Vestal    3 Reviews

Over 3 years ago

Vestal is the beautiful, elitist older sibling of West Binghamton (not the first ward, the actual west Bing, near Riverside area). The area is expensive compared to  More

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Over 5 years ago

Very nice area. I live in West Binghamton and Vestal is more like this area, but a bit more pricey.  More

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Over 17 years ago

Vestal is very safe and  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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