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The total population of Summit is estimated to be 11,036 with 5,563 males (50.41%) and 5,473 females (49.59%). There are 90 less females than males in Summit.
The median household income in Summit was $52,888 in 2021, which marked an a decrease of 338(0.64%) from $53,226 in 2020. This income is 70.89% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Summit sees its highest median household income among householders in the age group of 45 to 64 years old, at $85,688. Overall, the median household income for the village of Summit stands at $52,888.
In Summit, the median income for all workers aged 15 years and older, regardless of work hours, was $31,876 for males and $22,326 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,155 for males and $41,980 for females.
In Summit, the demographic landscape is diverse, spanning 6 distinct racial categories among households. Among these, White households have the highest median household income at $67,714, while American Indian and Alaska Native households represent the opposite end with the lowest median household income of $25,942.
In 2022, the population of Summit was 10,732, a 1.64% decrease year-by-year from 2021. Previously, in 2021, Summit's population was 10,911, a decline of 1.88% compared to a population of 11,120 in 2020.
The median age in Summit, IL is 34.5, as per 2021 ACS 5-Year Estimates. Of the total population, 23.27% were under the age of 15, 20.96% aged 15 to 29, 42.68% aged 30 to 64, 11.25% aged 65 to 84, and 1.83% were 85 years of age and older.
Racial distribution of Summit population: 51.56% are White, 8.79% are Black or African American, 0.51% are American Indian and Alaska Native, 3.37% are Asian, 25.40% are some other race and 10.36% are multiracial.