Mount Summit is a small town of 430 in Indiana, with a median household income of $64,000
and a 3.7% unemployment rate.
Its cost of living index is 93 (US average = 100), which is
7% below the national average.
Strengths:
Mount Summit stands out for an affordable cost of living, below-average home prices.
Trade-offs:
Potential downsides include longer commutes. Whether Mount Summit is right for you depends on your priorities — the full breakdown is below.
All Mount Summit city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.7
Mount Summit's overall cost of living index is 92.7,
where 100 represents the US national average.
Living in Mount Summit costs roughly 7% less than the average American city.
Metric
Mount Summit, IN
National Avg
Median Home Value
$137,500
$244,900
Median Monthly Rent
$810
$1,163
Homeownership Rate
79.9%
65.9%
Median Household Income
$64,000
$74,755
Crime & Safety
Very Safe
Mount Summit's violent crime rate is 27.1 per 100,000 residents
— 93% lower than the national average of ~380 per 100,000.
Violent Crime
27.1 /100k
Property Crime
264.7 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Mount Summit, IN
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
25.1%
35.4%
High School Diploma or Higher
99.3%
91.1%
Weather & Climate
Mount Summit sees average highs of 34.1°F in January
and 83.1°F in July,
with 44.4 inches of annual precipitation
and 24.8 inches of snow per year.
Mount Summit's cost of living index is 93, where 100 is the national average.
That makes Mount Summit roughly 7% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $137,500 and median rent is $810/month.
Mount Summit's violent crime rate is 27.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 264.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Mount Summit, IN has a population of 430, a median household income of $64,000, and an unemployment rate of 3.7%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Mount Summit averages 34.1°F in January and 83.1°F in July. Annual rainfall is 44.4 inches
with about 24.8 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Mount Summit, IN is covered by 1 ZIP code: 47361.
The population of Mount Summit, Indiana is 430 with a median age of 38.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Mount Summit: cost of living index 93 (100 = US average), median home $137,500, median household income $64,000, crime index 9 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Mount Summit side by side with your current city to see the trade-offs.