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Economic Atlas
Places/OH/Summit
County profile

Summit

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
GDP growth
+4.3%
Jobs tracked
249,827
Employers
13,309
Avg. wage
$60.7k
Population
538,376
Labor & formation
Unemployment
3.0%
Median HH income
$71.6k±$1.1k
Business applications
7,964 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1The Goodyear Tire & Rubber CompanyConsumer Cyclical$18.3B46D2FirstEnergy Corp.Utilities$15.1B68B3Diebold Nixdorf, IncorporatedTechnology$3.8B70B4Arhaus, Inc.Consumer Cyclical$1.4B52D5Myers Industries, Inc.Consumer Cyclical$825.7M64C6Babcock & Wilcox Enterprises, Inc.Industrials$587.7M45D7SOLAI LimitedTechnology$23.0M28D8Goldenwell Biotech, Inc.Healthcare$5515D9Stem 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
$32.3B
2019
$31.7B
2020
$34.4B
2021
$36.4B
2022
$38.7B
2023
$40.3B
2024

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
546 (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
348
2016
363
2017
383
2018
400
2019
418
2020
462
2021
524
2022
562
2023
608
2024
631
2025

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 EDGAR

36 filings from 8 companies here in the last 90 days.

10-QGoldenwell Biotech, Inc.07-01
10-KGoldenwell Biotech, Inc.07-01
8-KThe Goodyear Tire & Rubber Company06-26
6-KSOLAI Limited06-18
8-KBabcock & Wilcox Enterprises, Inc.06-08
8-KThe Goodyear Tire & Rubber Company06-04
6-KSOLAI Limited06-02
8-KFirstEnergy Corp.06-01
6-KSOLAI Limited06-01
8-KGoldenwell Biotech, Inc.05-27
Wage trend
BLS QCEW · 2019–2023
$60.7k
avg. annual pay · +20% since 2019
Similar US counties
nearest by GDP
St. Louis (Independent City)$40.4BMontgomery$40.1BSpokane$40.0BLancaster$40.0BBurlington$40.9BSonoma$39.4B
The read

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.
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