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Summit, Wisconsin Demographics & Population 2026

During the 2020–2024 ACS period, Summit, Wisconsin had a total population of 5,114, the 154th largest village in Wisconsin, with a median household income of $140,682, which is 82% higher than the state average. The poverty rate is 5.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Summit Quick Facts

Population 5,114
Median Household Income $140,682
Median Home Value $533,300
Poverty Rate 5.0%
Unemployment Rate 0.9%
Median Age 50.4 years
Homeownership Rate 91.2%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 54.3%
High School Graduation Rate 99.1%
Diversity Index 18/100
Population 5,114 154th of 808
Median Income $140,682 top 10%
Poverty Rate 5.0% 60% lower than national
Median Home Value $533,300 top 10%

How Summit Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population4,9975,114+2.3%
Median household income$124,750$140,682+12.8%
Median home value$510,200$533,300+4.5%

How Summit Compares

Economy & Housing

Household Income Distribution

Under $25K 8.7%
$25K-$50K 7.6%
$50K-$100K 12.4%
$100K+ 71.3%
Detailed income brackets
Under $10K
5.9%
$10K-$15K
1.6%
$15K-$20K
0.0%
$20K-$25K
1.2%
$25K-$30K
1.1%
$30K-$35K
3.4%
$35K-$40K
1.4%
$40K-$45K
0.8%
$45K-$50K
0.8%
$50K-$60K
3.4%
$60K-$75K
3.9%
$75K-$100K
5.2%
$100K-$125K
17.9%
$125K-$150K
7.8%
$150K-$200K
19.3%
$200K+
26.3%

Employment

0.9% Unemployment Rate State: 3.3%|National: 5.2%
61.9% Labor Force Participation

Housing Overview

Owner 91.2%
Renter 8.8%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $1,615/mo 13.8% of median household income annually

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 37 | National average: 61

Education

Summit Rankings in Wisconsin

#154 Population of 808
#18 Median Income of 788
#41 Education of 808
#12 Home Value of 799

Other Cities in Waukesha County

CityPopulationMedian IncomePovertyHome Value
Waukesha 71,233 $83,837 9.8% $315,500
Brookfield 41,273 $129,548 3.2% $443,900
New Berlin 40,270 $101,091 4.1% $365,700
Menomonee Falls 39,539 $100,238 5.2% $368,000
Muskego 25,406 $112,221 3.0% $417,400
Oconomowoc 19,080 $106,425 7.7% $394,500
Pewaukee 16,211 $108,350 3.7% $447,100
Sussex 12,066 $119,041 4.5% $430,600
Hartland 9,972 $87,754 5.2% $393,100
Mukwonago 8,415 $98,273 4.2% $366,200

Cities Similar to Summit

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Tichigan5,052$126,933$445,80044.5%3.6%
Bristol5,207$123,648$312,80036.4%1.9%
Okauchee Lake4,733$131,170$497,50052.2%2.3%
Lake Wisconsin5,384$124,127$452,40042.6%3.0%
Union Grove5,036$107,482$277,40031.7%4.0%

Population Overview

Summit is a small city located in Wisconsin, within Waukesha County. The total population is 5,114. It ranks as the 154th most populous out of 808 Census-designated places in Wisconsin.

Age Demographics

The median age in Summit is 50.4 years. This is 25% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Summit is $140,682. This is 82% higher than the state median of $77,485. It is also 74% higher than the national median of $80,734. The poverty rate stands at 5.0%. This is 53% lower than the state poverty rate of 10.5%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.9%. This is 72% lower than the state rate of 3.3%. The median home value is $533,300. Housing costs are 100% higher than the state median of $266,500. The home-value-to-income ratio is 3.8x. 91.2% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 67.8%.

Race & Ethnicity

Summit has a predominantly White (non-Hispanic) population, comprising 90.4% of all residents. Hispanic or Latino residents account for 2.7%. The Black or African American population (0.2%) is well below the state average of 5.9%. The Hispanic or Latino population (2.7%) is well below the state average of 8.0%. The Asian population (0.7%) is well below the state average of 2.9%.

Education

54.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Summit in the top 10% of all cities in the state for educational attainment. This is 63% higher than the state rate of 33.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.1%. Notably, 19.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Summit, Wisconsin is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 808 Census-designated places in Wisconsin. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Summit, Wisconsin?

Summit, Wisconsin has a population of 5,114 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Summit, WI?

The median household income in Summit is $140,682, which is 74% higher than the national median of $80,734.

What is the poverty rate in Summit, WI?

The poverty rate in Summit is 5.0%. This means approximately 247 residents live below the federal poverty line.

What is the racial makeup of Summit, Wisconsin?

Summit's population is 90.4% White, 0.2% Black, 2.7% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Summit, WI?

The median home value in Summit is $533,300. The home-value-to-income ratio is 3.8x.

How educated is Summit, Wisconsin?

54.3% of adults (25+) in Summit hold a bachelor's degree or higher, and 19.1% hold a graduate or professional degree.