County profile
Summit County, OH
United States · GDP 2024
#147 of 3,127 US counties by GDP49th-percentile growthmore diversified than 96% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$40.3B
BEA · 2024
GDP growth (YoY)
+4.3%
BEA · 2024
Jobs tracked
249,827
Census CBP · 2023
Employers
13,309
Census CBP · 2023
Avg. wage
$60.7k
BLS QCEW · 2023
Population
538,376
Census PEP · 2025
Labor, income & education
Unemployment
3.7%
Median HH income
$71.6k±$1.1k
Bachelor's degree+
35.8%±0.7%
Poverty rate
12.8%±0.7%
Business applications
7,964 · 2025
Retail establishments
1,564
29.1/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1The Goodyear Tire & Rubber CompanyConsumer Cyclical$18.3B46D2FirstEnergy Corp.Utilities$15.1B67B3Diebold Nixdorf, IncorporatedTechnology$3.8B71B4Arhaus, Inc.Consumer Cyclical$1.4B52D5Myers Industries, Inc.Consumer Cyclical$825.7M64C6Babcock & Wilcox Enterprises, Inc.Industrials$587.7M46D7SOLAI LimitedTechnology$23.0M29D8Goldenwell Biotech, Inc.Healthcare$5516D9Stem Cell Authority, Ltd.Healthcare$0——HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care31%
Retail trade18%
Manufacturing17%
Food & accommodation15%
Professional services10%
Admin & support9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
538,376
residents · 2025 · -0.3% since 2020
Income per capita $67.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−1,633
International migration+6,575
Natural change−6,178
GDP trend
2019–2024 · nominal
$32.3B2019
$31.7B2020
$34.4B2021
$36.4B2022
$38.7B2023
$40.3B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$208.7k±$3.0k
Median gross rent
$1.0k/mo±$14/mo
Vacancy rate
6.7%±0.5%
Affordability
3.4× wages
Residential permits
$210.3M
546 units · 1.0/1k pop
FEMA risk score
91.2
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Hail 99Strong wind 97Winter weather 96
FHFA HOUSE PRICE INDEX · 2016–2025
3482016
3632017
3832018
4002019
4182020
4622021
5242022
5622023
6082024
6312025
RESIDENTIAL PERMITS · 2021–2025
↓ -31% since 20217882021
2,7242022
6392023
1,0822024
5462025
Transport access
BTS · FAA · USACE
Nearest interstate
5.5 km
I-77
Nearest freight rail
0.4 km
CVSR
Nearest port
39.5 km
CLEVELAND CLIFFS-CLEVELAND WORKS UPPER DOCK
Nearest commercial airport
24.6 km
AKRON-CANTON RGNL
Filing activity
SEC EDGAR7 filings from 4 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$60.7k
avg. annual pay · +20% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Summit?
Summit's economy produced $40.3B in 2024, growing 4.3% year over year — about the middle of the pack among US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.