Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Located in the state of Mississippi, Summit is a small city with a population of 2,730 residents. According to Census, the majority (86%) of Summit residents identify as Black or African American followed by 14% White and 0% Asian. If you are a young adult or student, you might be pleased to know that the average age of all Summit residents is 25. In Summit, only 36% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. If you are not a fan of long commutes, you will enjoy living in Summit. With an average one way commute time of only 16 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the town before actually living in Summit, Mississippi. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Summit and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes health & safety, education, housing and other important metrics.
With a livability score of 62/100, Summit is ranked #16,213 in the United States and #170 in Mississippi. If we take a closer look at each of the categories on their own, we see that Summit ranks well for crime (A+), cost of living (A+) and housing (B). Regrettably for Summit, there are some categories for which it does not rank well, this includes: amenities (F), education (F) and employment (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Summit market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Summit meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Summit. Everything else becomes a lot less important if it turns out that home prices in Summit are simply unattainable. Median real estate prices in Summit come in at $165,104, which is 12% lower than the Mississippi average. The home price to income ratio compares the median home prices to the median household income. In Summit, the home price to income ratio is 4.1, which is 32.3% higher than the Mississippi average.
| Statistic | Summit | Mississippi | National |
| Average one way commute | 16min | 24min | 26min |
| Workers who drive to work | 90.9% | 84.7% | 76.4% |
| Workers who carpool | 7.4% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 1.7% | 2.2% | 4.6% |
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