Summit, AR People Search

Summit has a population of 507 people, according to the Census data for 2016.

Compared to 2010, this number has decreased by 97 people (16.1%), so we can confidently say that the dynamics of the population growth are negative. If you compare the rate of population growth with the nearest cities, such as Center Ridge or Damascus, you will find that these cities have a population growth of 126 and a growth of 115 people, respectively (32.5% and 30.1% correspondingly)

The Summit median household income is $20,357 (according to the US Census Bureau records for 2016).

A household income is one of the easiest to understand statistical indicators that is used to evaluate the economy of the city. Simply put, it is calculated by summarizing incomes of all adult members of the household. In comparison with the data for year 2010, this figure has decreased by $3616 (15.1%). Compared with the neighboring cities, the median household income in Summit is lower than in Calico Rock($20,526), but greater than in Leslie($19,643). The median household income in Arkansasis $41,371 (103.2% higher than in Summit)

The median property value in Summit is $78,300 (based on US Census Bureau data for 2016)

. This means that half of the houses in the city are more expensive than this figure, and half of other houses are less. In 2010, the property value was estimated at $72,600 (making an increase of $5,700 or 7.9% in 6 years). Here is what the housing market looks like in nearby cities: median property price in Fifty-Sixis $78,300, in Franklin— $77,200. Median property value in Arkansas is $111,400

A poverty rate is one of the key economic indicators.

It shows the proportion of the population whose income is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is. The current poverty rate in Summit is 24.3%. In the neighboring cities, this figure is as follows: in Taneyville, 25.0% of the population live below the poverty line, in Shirley— 24.2%. The poverty rate in Arkansasis 14.25%. Based on such indicators as the poverty rate, we assume that life in Summit is worse than the average for the state.

The median gross rent in Summit is $473 a month (as of 2016).

In 2010, this figure was higher — $525/mo (+9.9%). Please note, gross rent may include not only the rent payments, but also utility bills and some other building costs. The median gross rent in the state of Arkansasis higher at $677 per month (again, data for 2016). The following median gross rent was registered in the neighboring cities: renters in Guionpay $475/mo, in Marshall— $468/mo.

The rent burden in Summit is 34.4% (2016).

Rent burden shows what proportion of the household income is spent on rental housing. This data is useful in estimating the housing affordability in the city. Rent burden in Summit is higher than in the state of Arkansas, where the rent burden is 29.5%. In neighboring cities, the situation is as follows: rent burden is 35.0% in Taneyville, and in Leslie— 33.1%.

44.6% of housing units in Summit are occupied by renters (2016).

A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation. In 2010, the share of renter-occupied housing units was lower — 34.4%. It seems that now more people live in rented houses in Summit than before. Neighboring cities have the following shares of renter-occupied housing units: Pyatt(46.4%), Harrison(44.6%).

There are 96 renter occupied households in Summit (2016).

This is just a rough estimation based on Census and ESRI demographic data. Since 2015, the number of such type of households has increased by 4% (96 households in 2016 vs. 93 in 2015). Nearby cities have the following renter-occupied housing unit numbers: there are 105 households in Reeds Spring, 94 units in Diamond City.

The total number of eviction cases that were registered in the Summit in 2016 is 0.73.

Please note that some addresses may have multiple eviction cases during the year. Compared to the neighboring cities, Summit has less eviction cases than Bull Shoals(0.76 filing in 2016), more eviction cases than Blue Eye(0.68 filing).