Summit is located in north Arkansas. Summit is part of Marion County. Summit has 1.23 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Summit population is 581, which has shrunk 0.85% since 2000. The population growth rate is much lower than the state average rate of 10.24% and is much lower than the national average rate of 11.61%. Summit median household income is $19,087 in 2010-2014 and has has shrunk by 15.17% since 2000. The income growth rate is much lower than the state average rate of 28.22% and is much lower than the national average rate of 27.36%. Summit median house value is $75,000 in 2010-2014 and has shrunk by -53.37% since 2000. The house value growth rate is higher than the state average rate of 49.31% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Summit is better than the state average in quality. The Summit area code is 870.