Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Economy, Pennsylvania

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
9,005
Population
$95,313
Median Income
$250,800
Home Value
50.7
Median Age

Demographics

Economy has a population of 9,005 with a median age of 50.7. Here is the racial and ethnic breakdown of the population:

White
94.3%
Other
4.1%
Black
1.1%
Demographic Value
Total Population9,005
Median Age50.7
White94.3%
Black or African American1.1%
Asian0.1%
Hispanic or Latino0.4%
Other / Two or More Races4.1%
Economy, Pennsylvania — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.3%Other: 4.1%Other: 1.6%9,005PopulationWhiteWhite94.3%OtherOther4.1%OtherOther1.6%

Income & Economy

The median household income in Economy is $95,313, which is 18.2% above the national median of $80,610. The per capita income is $49,651. The poverty rate is 6.5%.

$95,313
Median Household Income
$49,651
Per Capita Income
6.5%
Poverty Rate

Advance Your Career in Economy

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In Economy, 98.7% of residents age 25+ have a high school diploma or higher, and 37.0% hold a bachelor's degree or higher (14.1% with a graduate or professional degree).

HS Diploma+
98.7%
Bachelor's+
37.0%
Graduate+
14.1%
Education Level % of Adults (25+)
High School Diploma or Higher98.7%
Bachelor's Degree or Higher37.0%
Graduate or Professional Degree14.1%

Housing

The median home value in Economy is $250,800, below the national median of $303,400. The median monthly rent is $1,009. The homeownership rate is 94.4%.

$250,800
Median Home Value
$1,009/mo
Median Rent
94.4%
Homeownership Rate
Housing Metric Value
Median Home Value$250,800
Median Monthly Rent$1,009
Homeownership Rate94.4%
Vacancy Rate3.8%

Salaries in Pennsylvania

Explore salary data for popular occupations in Pennsylvania:

See all Pennsylvania salaries →

Other Cities in Pennsylvania

See all Pennsylvania cities →

Frequently Asked Questions

What is the population of Economy, Pennsylvania?
The population of Economy, Pennsylvania is 9,005 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Economy, Pennsylvania?
The median household income in Economy, Pennsylvania is $95,313. This is 18.2% above the national median of $80,610.
What is the median home value in Economy, Pennsylvania?
The median home value in Economy, Pennsylvania is $250,800. The median monthly rent is $1,009.
What percentage of people in Economy have a college degree?
In Economy, Pennsylvania, 37.0% of adults age 25 and older hold a bachelor's degree or higher, and 98.7% have a high school diploma or higher.
Is Economy, Pennsylvania an affordable place to live?
The home price-to-income ratio in Economy, Pennsylvania is 2.6x (median home value $250,800 vs. median income $95,313), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to Economy?

Find resources to help plan your move, explore homes, and compare insurance rates in Pennsylvania.

Salary Data in Pennsylvania

All Jobs in Pennsylvania Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn