Summit, SD Profile: Facts & Data

The Town of Summit had a population of 251 as of July 1, 2024. Summit ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in South Dakota. See peer rankings below.

The primary coordinate point for Summit is located at latitude 45.3044 and longitude -97.0365 in Roberts County. The formal boundaries for the Town of Summit encompass a land area of 0.55 sq. miles and a water area of 0 sq. miles. Roberts County is in the Central time zone (GMT -6).

The Town of Summit has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Summit, SD Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	251 (100%)
Population in Households	251 (100.0%)
Population in Families	183 (72.9%)
Population in Group Quarters¹	0
Population Density	458
Diversity Index²	59


INCOME
Median Household Income	$56,375
Average Household Income	$75,829
% of Income for Mortgage⁴	10%
Per Capita Income	$32,930
Wealth Index⁵	54
Socioeconomic Status Index⁶	Low (39.9)

HOUSING
Total HU (Housing Units)	132 (100%)
Owner Occupied HU	77 (58.3%)
Renter Occupied HU	32 (24.2%)
Vacant Housing Units	23 (17.4%)
Median Home Value	$88,333
Average Home Value	$157,143
Housing Affordability Index³	256

HOUSEHOLDS
Total Households	109
Average Household Size	2.30
Family Households	58
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Summit, SD - Peer Comparisons by Rank and Percentile

The table below compares Summit to the other 485 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-3.18%	-0.65%
Households	0.00%	-0.18%
Families		0.68%
Median Household Income		7.15%
Per Capita Income		3.31%
Owner Occupied HU		-1.06%

Variable Description	Rank	Percentile
Total Population	# 206	58th
Population Density	# 205	58th
Median Household Income	# 357	27th
Housing Affordability Index	# 467	96th
Per Capita Income	# 306	37th
Diversity Index	# 17	97th

Summit, SD Profile: Facts & Data

Summit, South Dakota - Basic Facts

Summit, SD Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Summit, SD - Peer Comparisons by Rank and Percentile

Summit, SD - Most Popular Things to Do

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Roberts County