HomeIllinoisCook CountySummit village
Summit village, Illinois: commercial real estate data.
Summit village is a Census village of 10,846 people across 2.12 square miles of land, in Cook County. Median household income is $61,863, 60.9 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $677,000.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Summit
What Summit is
- Census place typevillage
- Land area2.12 sq mi
- Water area0.14 sq mi
- Population per square mile of land5,119
- County holding the largest share of its areaCook County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
How many people live in Summit
- Population10,846
- Median age38.1
- Population under 182,417
- Share under 1822.3 percent
- Population 65 and over1,887 plus or minus 392
- Share 65 and over17.4 percent plus or minus 3.6
- Households3,709
- Family households2,733
- Share of households that are families73.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
Income and work in Summit
- Median household income$61,863
- Per capita income$33,359 plus or minus $8,807
- Civilian labor force5,012
- Employed4,734
- Unemployed278 plus or minus 125
- Unemployment rate5.5 percent plus or minus 2.5
- Adults 25 and over7,511
- Adults 25 and over with a high school diploma or higher67.2 percent
- Adults 25 and over with a bachelor degree or higher14.0 percent plus or minus 3.7
- Adults 25 and over with a graduate degree3.0 percent plus or minus 1.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
Housing in Summit
- Housing units4,063
- Occupied units3,709
- Vacant units354 plus or minus 121
- Vacancy rate8.7 percent plus or minus 2.9
- Owner occupied2,260
- Renter occupied1,449 plus or minus 297
- Ownership rate60.9 percent
- Median owner-occupied home value$232,600
- Median gross rent, monthly$1,137
- Annual rent as a share of median income22.1 percent
- Single family units2,318
- Share single family57.1 percent
- Units in buildings of two or more1,724 plus or minus 348
- Share in buildings of two or more42.4 percent
- Mobile homes21 plus or minus 34
- Median year structure built1959
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
How Summit gets to work
- Workers 16 and over who commute4,410
- Commuting under 15 minutes650 plus or minus 246
- Share commuting under 15 minutes14.7 percent plus or minus 5.4
- Commuting 30 minutes or more2,096
- Share commuting 30 minutes or more47.5 percent
- Drove alone65.2 percent
- Carpooled17.7 percent plus or minus 5.8
- Public transport8.8 percent plus or minus 4.9
- Walked1.4 percent plus or minus 1.4
- Worked from home5.2 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
SBA loans in Summit (7(a))
- Approvals3
- Gross approval$677,000
- Average approval$225,667
- Median approval$152,000
- Ninetieth percentile approval$500,000
- Largest approval$500,000
- Jobs supported28
- Jobs per approval9.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Summit
SBA loans in Summit (504)
- Approvals1
- Gross approval$342,000
- Average approval$342,000
- Median approval$342,000
- Largest approval$342,000
- Jobs supported4
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Summit
Flood risk in Summit
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170167
- Currently effective map date08/19/08
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Cook County, not Summit
Cook County context, not Summit figures
These are Cook County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Summit measurements.
- Establishments in Cook County134,513
- Employment at those establishments, Cook County2,492,328
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Average weekly wage, Cook County$1,672
- Housing units permitted, Cook County6,507
- Of those, single family, Cook County1,142
- County product, 2024, Cook County$546,440,623,000
- County product change over the prior year, Cook County4.6 percent
- Average income of an arriving household, Cook County$91,691
Every figure in this section is published for Cook County as a whole and is not a measurement of Summit. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Summit questions, answered from the record.
How many people live in Summit, Illinois?
10,846, in 3,709 households. Summit village covers 2.12 square miles of land, which is 5,119 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Summit in?
Cook County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Summit?
$61,863. The median owner-occupied home is valued at $232,600. Median gross rent is $1,137 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Summit businesses?
3 7(a) approvals totalling $677,000, across 3 lenders, median approval $152,000, plus 1 504 approvals worth $342,000. These count approvals to borrowers whose address is in Summit, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Summit borrowers get paid back?
No rate is published for Summit. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Summit in the National Flood Insurance Program?
Yes. Summit appears in the FEMA Community Status Book as community 170167, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Summit figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cook County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Summit.
Is zoning published for Summit?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.