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2024 Compare Cities Economy:
Washington Grove, MD vs Summit, NJ

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Highlights
- Household income in Summit, is 24% more than it is in Washington Grove and is 54% above the National Average.
- Washington Grove unemployment rate is 5.7%.
- Summit unemployment rate is 8.0%.

Economy
 Washington Grove, MDSummit, NJUnited States
 Unemployment Rate5.7%8.0%6.0%
 Recent Job Growth0.8%-0.7%1.6%
 Future Job Growth31.0%22.3%33.5%
 Sales Taxes6.0%6.6%6.2%
 Income Taxes8.0%5.5%4.6%
 Income per Cap.$69,568$93,807$37,638
 Household Income$122,386$151,505$69,021
 Family Median Income$171,000$223,590$85,028
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 Est. Households By Income
 Washington Grove, MDSummit, NJUnited States
 Income Less Than 15K1.3%3.4%9.4%
 Income between 15K and 20K0.6%4.0%3.8%
 Income between 20K and 30K1.3%2.5%8.1%
 Income between 30K and 40K4.1%2.8%8.0%
 Income between 40K and 50K1.3%3.3%7.6%
 Income between 50K and 60K1.3%3.9%7.2%
 Income between 60K and 75K3.8%4.9%9.6%
 Income between 75K and 100K12.5%14.9%12.8%
 Income between 100K and 150K31.7%9.9%16.3%
 Income between 150K and 200K16.3%8.4%7.8%
 Income greater than 200K26.0%42.0%9.5%
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 Population By Occupation
 Washington Grove, MDSummit, NJUnited States
 Management, business, finance32.8%30.9%16.4%
 Engineering, computers, science21.4%6.2%6.5%
 Community, social services0.5%1.8%1.8%
 Legal4.6%4.8%1.2%
 Education, library6.3%5.6%6.2%
 Arts, design, media, sports, entertainment4.9%3.3%2.0%
 Healthcare practitioners and technology6.6%6.4%6.2%
 Healthcare support0.0%3.2%3.3%
 Firefighters, law enforcement0.0%0.9%2.1%
 Food preparation, serving0.7%3.1%5.4%
 Building maintenance4.1%2.7%3.6%
 Personal care1.5%4.0%2.6%
 Sales, office, administrative support9.0%18.4%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair4.1%4.9%8.1%
 Production, transportation, material moving3.4%3.8%13.1%

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Reviews for Washington Grove    0 Reviews

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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 WASHINGTON GROVE, MARYLAND
20880
ZIPS IN SUMMIT, NEW JERSEY
07901

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