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Summit city, NJ
ZIP 07901 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
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Income, employment, industries, and economic trends
Income & Economy in Summit city, NJ (07901)
Median Income
$177,986
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,577
Wealth inflow
Population
24,502
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 1,577 for ZIP 07901 (Summit city, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 07901 (2020–Present)
Since 2020, population grew 4.0%, median income rose 5.8% (inflation-adjusted), home values decreased 0.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $177,986 |
| Unemployment | 4.0% |
| Establishments | 830 |
| Employees | 15,744 |