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ZipNumbers

Arkansas · Census place 67940

Summit city, AR

Quick answer

Summit city has 639 residents, ranking #267 of 625 places in Arkansas. Median household income is $63,281, the median home is worth $133,800 and median gross rent runs $691 a month.

Population
639Summit city residents
Median household income
$63,281Past 12 months, inflation adjusted
Median home value
$133,800Owner-occupied units
Median gross rent
$691Rent plus utilities, monthly
Median age
32.4 yrsAll residents
Homeownership rate
60.2%Owner-occupied households

What the numbers mean in Summit city

Housing cost measured against local earnings.

A household earning the Summit city median would spend about 13.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.8% of residents and 60.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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