Summit, MS population, income and ZIP codes

Summit town is a small town in Mississippi, with 2,684 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #102 of 427 ranked by population — larger than 76% of them. The median age here is 28.1 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Summit town earn a median of $33,983 a year, 56.7% below the national figure of $78,538 and 23% below the $44,178 median for the 191 Mississippi cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 38.4% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Summit town is valued at $101,700, 66.5% below the national figure and 16% below the $121,300 peer median, while median gross rent runs $936 a month, 33.4% below the national figure, or roughly $11,232 across a full year. A household on the local median income would put about 33.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is a stretch on median earnings. The home-price-to-income ratio works out to 3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 53.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Summit town is the unusual combination of expensive to rent and cheap to buy: rent takes 33.1% of median income while homes cost only 3× it. Where that pattern shows up, the gap is normally down to down-payment and credit barriers rather than price. A median age of 28.1 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.