HomePennsylvaniaLackawanna CountyClarks Summit borough
Clarks Summit borough, Pennsylvania: commercial real estate data.
Clarks Summit borough is a Census borough of 5,073 people across 1.59 square miles of land, in Lackawanna County. Median household income is $92,083, 73.0 percent of occupied homes are owned, and the SBA record carries 23 7(a) approvals to borrowers here worth $10.3 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Clarks Summit
What Clarks Summit is
- Census place typeborough
- Land area1.59 sq mi
- Water area0 sq mi
- Population per square mile of land3,200
- County holding the largest share of its areaLackawanna 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.
Clarks Summit
How many people live in Clarks Summit
- Population5,073
- Median age43.8
- Population under 18880 plus or minus 251
- Share under 1817.3 percent plus or minus 4.9
- Population 65 and over1,113 plus or minus 259
- Share 65 and over21.9 percent plus or minus 5.1
- Households2,317
- Family households1,303
- Share of households that are families56.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clarks Summit
Income and work in Clarks Summit
- Median household income$92,083 plus or minus $19,866
- Per capita income$52,468
- Civilian labor force2,737
- Employed2,710
- Unemployed27 plus or minus 33
- Unemployment rate1.0 percent plus or minus 1.2
- Adults 25 and over3,616
- Adults 25 and over with a high school diploma or higher98.9 percent
- Adults 25 and over with a bachelor degree or higher56.3 percent
- Adults 25 and over with a graduate degree28.0 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clarks Summit
Housing in Clarks Summit
- Housing units2,360
- Occupied units2,317
- Vacant units43 plus or minus 42
- Vacancy rate1.8 percent plus or minus 1.8
- Owner occupied1,691
- Renter occupied626 plus or minus 206
- Ownership rate73.0 percent
- Median owner-occupied home value$234,900
- Median gross rent, monthly$1,305 plus or minus $304
- Annual rent as a share of median income17.0 percent plus or minus 5.4
- Single family units1,988
- Share single family84.2 percent
- Units in buildings of two or more372 plus or minus 145
- Share in buildings of two or more15.8 percent plus or minus 6.0
- Mobile homes0
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clarks Summit
How Clarks Summit gets to work
- Workers 16 and over who commute2,217
- Commuting under 15 minutes743 plus or minus 303
- Share commuting under 15 minutes33.5 percent plus or minus 12.9
- Commuting 30 minutes or more205 plus or minus 111
- Share commuting 30 minutes or more9.2 percent plus or minus 4.9
- Drove alone73.3 percent
- Carpooled8.4 percent plus or minus 5.0
- Public transport0.0 percent
- Walked2.8 percent plus or minus 3.1
- Worked from home15.2 percent plus or minus 8.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clarks Summit
SBA loans in Clarks Summit (7(a))
- Approvals23
- Gross approval$10,250,500
- Average approval$445,674
- Median approval$111,000
- Ninetieth percentile approval$835,000
- Largest approval$4,500,000
- Jobs supported128
- Jobs per approval5.6
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more8.7 percent
- Share to franchises13.0 percent
- Distinct lenders7
- Distinct industries by NAICS16
A charge-off rate is not published here. only 3 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.
Clarks Summit
SBA loans in Clarks Summit (504)
- Approvals6
- Gross approval$2,237,000
- Average approval$372,833
- Median approval$350,000
- Largest approval$619,000
- Jobs supported35
- Loans with a final outcome2
- Charged off0
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Clarks Summit
Flood risk in Clarks Summit
- Listed NFIP communities1
- Of those, participating1
- NFIP community number420527
- Currently effective map date08/05/20
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.
Lackawanna County, not Clarks Summit
Lackawanna County context, not Clarks Summit figures
These are Lackawanna County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Clarks Summit measurements.
- Establishments in Lackawanna County5,198
- Employment at those establishments, Lackawanna County91,059
- Covered employment, Lackawanna County98,108
- Average annual pay, Lackawanna County$53,720
- Average weekly wage, Lackawanna County$1,033
- Housing units permitted, Lackawanna County250
- Of those, single family, Lackawanna County204
- County product, 2024, Lackawanna County$13,421,381,000
- County product change over the prior year, Lackawanna County4.0 percent
- Average income of an arriving household, Lackawanna County$57,737
Every figure in this section is published for Lackawanna County as a whole and is not a measurement of Clarks 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
Clarks Summit questions, answered from the record.
How many people live in Clarks Summit, Pennsylvania?
5,073, in 2,317 households. Clarks Summit borough covers 1.59 square miles of land, which is 3,200 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Clarks Summit in?
Lackawanna 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 Clarks Summit?
$92,083. The median owner-occupied home is valued at $234,900. Median gross rent is $1,305 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Clarks Summit businesses?
23 7(a) approvals totalling $10.3 m, across 7 lenders, median approval $111,000, plus 6 504 approvals worth $2.2 m. These count approvals to borrowers whose address is in Clarks Summit, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Clarks Summit borrowers get paid back?
No rate is published for Clarks Summit. only 3 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 Clarks Summit in the National Flood Insurance Program?
Yes. Clarks Summit appears in the FEMA Community Status Book as community 420527, 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 Clarks Summit figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lackawanna 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 Clarks Summit.
Is zoning published for Clarks Summit?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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