Summit Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Summit, Mississippi? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Summit, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Summit is $33,340.00.

The chart below shows the average household income by age in Summit.

  • Under 25
    $0.00
  • 25 to 44
    $22,100.00
  • 45 to 64
    $56,016.00
  • 65 and over
    $30,938.00

Average Household Income

A very commonly asked question is "what is the average household income in Summit, Mississippi?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Summit is $41,738.00.

0.00% of households in Summit, Mississippi are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Summit but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Summit

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Summit, Mississippi easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    37.48%
  • $25,000 to $49,999
    28.24%
  • $50,000 to $74,999
    22.46%
  • $75,000 to $99,999
    5.13%
  • $100,000 to $149,999
    3.85%
  • $150,000 to $199,999
    2.82%
  • $200,000 or more
    0.00%

Per Capita Income

The per capita income is the average income of all people in Summit, Mississippi. This is calculated by dividing the total income of all people in Summit by the total number of people in Summit.

It differs from the average or mean household income because it includes all people in Summit and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Summit, Mississippi is $15,062.00.

Population in Summit by Race and Ethnicity

The total population in Summit is currently 2,774 people.

The race and ethnicity of the population in Summit can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Summit, Mississippi.

  • 0.00% White
    0
  • 100.00% Black/African American
    2,774
  • 9.10% Native
    252
  • 0.00% Hispanic
    0
  • 90.30% Asian
    2,505
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 0.00% Other
    0

Population of Summit by Age and Gender

Another very important demographics statistic for Summit, Mississippi is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 282 358
10 to 19 Years 314 112
20 to 29 Years 152 364
30 to 39 Years 25 160
40 to 49 Years 211 83
50 to 59 Years 99 142
60 to 69 Years 92 193
70 Years and over 83 104

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Summit, Mississippi.

  • Master's degree or higher
    18.34%
  • Bachelor's degree
    14.45%
  • Some college or associate's degree
    9.30%
  • High school diploma or equivalent
    54.15%
  • Less than high school diploma
    3.77%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Summit because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Summit look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Summit, Mississippi that are over the age of 16.

The current population in Summit that are over the age of 16 is 1,841 people.

The unemployment rate in Summit is 9.20%, which means 99 people are unemployed.

Median Age in Summit

The median age is an interesting metric because it gives us an idea of the age distribution of people in Summit, Mississippi. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Summit is 27.1 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Summit

27.1

Total

21.8

Male

27.5

Female

Households and Families

There are a total of 779 households in Summit, and the average household size is 3.56 people.

For families, the total number is 471, and the average family size is 4.91 people.

28.20% of those families in Summit, Mississippi are living below the poverty line.

The table below shows the poverty thresholds for Summit in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Summit, Mississippi for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 160 58 253 308
Average Household Size 4.84 5.57 5.2 1.18
Total Families 160 58 253 0
Average Household Size 4.84 5.28 4.88 0

Housing Data in Summit

There are total of 908 housing units in Summit, Mississippi. Of those units, 779 (85.79%) are occupied, and 129 (14.21%) are vacant.

Rental Rates

Of the 908 housing units in Summit, 301 (33.15%) are occupied by renters. The median rent paid by renters is $884.00.

Owner occupied housing units make up the remaining 44.16% of housing units, with 401 housing units in total.

The table below breaks down how much rent is paid by renters in Summit, Mississippi.

  • No rent paid
    77
  • Less than $500
    52
  • $500 to $999
    122
  • $1,000 to $1,499
    127
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in Summit is $102,500.00.

The table below breaks down the range of valuations for all properties in Summit.

  • Less than $50,000
    73
  • $50,000 to $99,999
    122
  • $100,000 to $149,999
    77
  • $150,000 to $199,999
    71
  • $200,000 to $299,999
    49
  • $300,000 to $499,999
    9
  • $500,000 to $999,999
    0
  • $1,000,000 or more
    0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Summit, Mississippi.

  • 1939 or earlier
    62
  • 1940 to 1949
    24
  • 1950 to 1959
    93
  • 1960 to 1969
    101
  • 1970 to 1979
    183
  • 1980 to 1989
    227
  • 1990 to 1999
    98
  • 2000 to 2009
    48
  • 2010 to 2013
    72
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Summit has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    68
  • 1 vehicle available
    328
  • 2 vehicles available
    172
  • 3 or more vehicles available
    211

Commuting to Work in Summit

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Summit, Mississippi, how they commute, and how that correlates to other data points.

The average travel time is 18.7 minutes, and the chart below covers the range of travel times across the population of Summit.

  • Less than 5 minutes
    66
  • 5 to 9 minutes
    236
  • 10 to 14 minutes
    288
  • 15 to 19 minutes
    120
  • 20 to 24 minutes
    21
  • 25 to 29 minutes
    30
  • 30 to 34 minutes
    51
  • 35 to 39 minutes
    0
  • 40 to 44 minutes
    0
  • 45 to 59 minutes
    64
  • 60 to 89 minutes
    38
  • 90 or more minutes
    24

We can also look at the means of transport in Summit to see which modes of transport people are using to commute to work.

  • Drove alone
    829
  • Carpooled
    109
  • Public transportation
    0
  • Walked
    0
  • Other means
    0
  • Worked from home
    22

Conclusion

Hopefully this article has given you the demographics data you were looking for in Summit, Mississippi.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Summit.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Summit Average Income, Population and Demographics". NameCensus.com. Accessed on May 29, 2024. https://namecensus.com/demographics/missouri/callaway-county/summit/.

  • "Summit Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/missouri/callaway-county/summit/. Accessed 29 May, 2024

  • Summit Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/missouri/callaway-county/summit/.