HomePennsylvaniaLackawanna CountyClarks Summit
Clarks Summit, Pennsylvania: commercial real estate data.
Clarks Summit 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 since FY2020.
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$781,580
- 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
Counted by borrower city: approvals to borrowers whose address is in Clarks Summit, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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$327,000
- Largest approval$619,000
- Jobs supported35
- Loans with a final outcome2
- Charged off0
- Median term270 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Clarks Summit, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
- NFIP communityBorough of Clarks Summit
- NFIP community number420527
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/05/20
The Borough of Clarks Summit participates in the National Flood Insurance Program as community 420527 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lackawanna County, not Clarks Summit
Lackawanna County context, not Clarks Summit figures
- Establishments in Lackawanna County5,198
- Covered employment, Lackawanna County98,108
- Average annual pay, Lackawanna County$53,720
- Housing units permitted, Lackawanna County250
Every figure in this section is published for Lackawanna County as a whole and is not a measurement of Clarks Summit.
All Lackawanna County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $10.3 m since FY2020, across 7 lenders, median approval $111,000, plus 6 504 approvals worth $2.2 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. 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 Clarks Summit, borough of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.
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