HomeMississippiPike CountySummit town
Summit town, Mississippi: commercial real estate data.
Summit town is a Census town of 2,451 people across 2.31 square miles of land, in Pike County. Median household income is $29,375, 53.1 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $3.6 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Summit
What Summit is
- Census place typetown
- Land area2.31 sq mi
- Water area0 sq mi
- Population per square mile of land1,062 plus or minus 390
- County holding the largest share of its areaPike 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
- Population2,451 plus or minus 899
- Median age31.3 plus or minus 10.4
- Population under 18869 plus or minus 368
- Share under 1835.5 percent plus or minus 7.5
- Population 65 and over397 plus or minus 120
- Share 65 and over16.2 percent plus or minus 7.7
- Households734 plus or minus 191
- Family households422 plus or minus 144
- Share of households that are families57.5 percent plus or minus 12.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
Income and work in Summit
- Median household income$29,375
- Per capita income$15,958 plus or minus $4,663
- Civilian labor force815 plus or minus 291
- Employed735 plus or minus 256
- Unemployed80 plus or minus 62
- Unemployment rate9.8 percent plus or minus 6.8
- Adults 25 and over1,425 plus or minus 392
- Adults 25 and over with a high school diploma or higher88.0 percent plus or minus 31.5
- Adults 25 and over with a bachelor degree or higher18.4 percent plus or minus 10.0
- Adults 25 and over with a graduate degree13.8 percent plus or minus 10.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
Housing in Summit
- Housing units935 plus or minus 210
- Occupied units734 plus or minus 191
- Vacant units201 plus or minus 82
- Vacancy rate21.5 percent plus or minus 7.3
- Owner occupied390 plus or minus 120
- Renter occupied344 plus or minus 152
- Ownership rate53.1 percent
- Median owner-occupied home value$113,600 plus or minus $23,931
- Median gross rent, monthly$929
- Annual rent as a share of median income38.0 percent plus or minus 9.8
- Single family units674 plus or minus 163
- Share single family72.1 percent
- Units in buildings of two or more174 plus or minus 88
- Share in buildings of two or more18.6 percent plus or minus 8.5
- Mobile homes87 plus or minus 60
- Median year structure built1978
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 commute661 plus or minus 235
- Commuting under 15 minutes330 plus or minus 180
- Share commuting under 15 minutes49.9 percent plus or minus 20.7
- Commuting 30 minutes or more192 plus or minus 110
- Share commuting 30 minutes or more29.0 percent plus or minus 13.1
- Drove alone86.7 percent
- Carpooled7.6 percent plus or minus 8.9
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home5.7 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Summit
SBA loans in Summit (7(a))
- Approvals4
- Gross approval$3,636,700
- Average approval$909,175
- Median approval$818,000
- Ninetieth percentile approval$2,555,500
- Largest approval$2,555,500
- Jobs supported12
- Jobs per approval3.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term171 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 1 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.
Pike County, not Summit
Pike County context, not Summit figures
These are Pike 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 Pike County879
- Employment at those establishments, Pike County12,937
- Covered employment, Pike County14,377
- Average annual pay, Pike County$42,337
- Average weekly wage, Pike County$814
- Housing units permitted, Pike County8
- Of those, single family, Pike County4
- County product, 2024, Pike County$1,554,114,000
- County product change over the prior year, Pike County4.6 percent
- Average income of an arriving household, Pike County$38,997
Every figure in this section is published for Pike 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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, Mississippi?
2,451, in 734 households. Summit town covers 2.31 square miles of land, which is 1,062 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?
Pike 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?
$29,375. The median owner-occupied home is valued at $113,600. Median gross rent is $929 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?
4 7(a) approvals totalling $3.6 m, across 2 lenders, median approval $818,000. 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 1 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.
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 Pike 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.
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