Tenafly receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
Tenafly
Summit
Opportunity
83 · Top 4%
vs73 · Top 17%
Growth
66 · Top 23%
vs54 · Top 44%
Climate
71 · Top 47%
vs71 · Top 48%
Physical resilience
47 · Bottom 37%
vs49 · Bottom 41%
Housing affordability
75 · Bottom 40%
vs76 · Bottom 43%
Schools
96 · Top 1%
vs98 · Top 1%
Access
93 · Top 46%
vs99 · Top 14%
Economic stability
77 · Top 13%
vs75 · Top 16%
Measured values
| Metric | Tenafly | Summit | Source period |
|---|---|---|---|
| Population | 15,319 | 22,705 | 2024 ACS 5-Year |
| Median household income | $208,200 | $190,304 | 2024 ACS 5-Year |
| Per capita income | $104,694 | $112,787 | 2024 ACS 5-Year |
| Population density | 3,340/sq mi | 3,788/sq mi | 2024 ACS 5-Year |
| Median home value | $1,002,600 | $994,500 | 2024 ACS 5-Year |
| Median gross rent | $3,501 | $2,430 | 2024 ACS 5-Year |
| Homeownership rate | 71.7% | 68.3% | 2024 ACS 5-Year |
| Unemployment rate | 3.8% | 4.6% | June 2026 |
| Employment change (year over year) | 1.5% | 0.9% | June 2026 |
| Bachelor's degree or higher | 78.7% | 72.5% | 2024 ACS 5-Year |
| Poverty rate | 3.5% | 5.5% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 105 | 26 | 12 months ending July 2026 |
| Permits per 1,000 residents | 6.9 | 1.1 | 12 months ending July 2026 |
| Permit change (year over year) | 54.4% | 85.7% | 12 months ending July 2026 |
| Average July high | 87°F | 87°F | 1991-2020 Normals |
| Average January low | 26°F | 26°F | 1991-2020 Normals |
| Annual precipitation | 46.3" | 46.6" | 1991-2020 Normals |
| Distance to major airport | 19 mi | 10 mi | NASR current cycle |
| Average commute | 43.5 min | 35.9 min | 2024 ACS 5-Year |
| Median age | 42.2 | 41.8 | 2024 ACS 5-Year |
| Public schools | 6 | 7 | 2024-25 school year |
| Students per teacher | 11.82 | 10.85 | 2024-25 school year |
| Math proficiency | 63.2% | 72.4% | 2019-20 school year |
| Reading proficiency | 69.2% | 69.0% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 3.3% | 15.0% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
Tenafly
Elevated or high exposure: coastal flooding, earthquake.
Summit
Elevated or high exposure: earthquake.
Full profiles: Tenafly, NJ · Summit, NJ · How this is calculated: methodology