United States › Indiana › Economy CITY · 2020 ACS
Economy Indiana · 145 residents · 0.09 sq mi
Time machine
COMPARE TO 1990 Census 2000 Census 2009 ACS 2010 ACS 2011 ACS 2012 ACS 2013 ACS 2014 ACS 2015 ACS 2016 ACS 2017 ACS 2018 ACS 2019 ACS 2021 ACS 2022 ACS 2023 ACS 2024 ACS
The short version
Economy is home to 145 people in Indiana. 11% of adults hold a bachelor's degree, below the 33% national rate. Median home value sits at $64,000. At a median age of 44.8, this is an older place than the country as a whole. 0% of people here were born outside the United States. There are 55 fewer people here than in 2000.
At a glance
Lower income
below the US median
US median: $66,278
Older
median age 44.8
US median: 38.8
Less educated
11% hold a bachelor's degree
US average: 33%
More affordable
home values down 19%, inflation adjusted
US median home: $265,253
Section 01
Population & growth from 37.0 in 2000
US average: 38.8
Population, 1990 – 2024
118 140 163 185 208 1990 2000 2010 2020 2024 Economy Age distribution, 2020
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Section 02
Income & economy $48,750
−13%inflation adjusted, since 2000
from $37,083 in 2000
US average: $66,278
from $17,609 in 2000
US average: $35,364
Households earning $100K+
from 24.2% in 2009
US average: 43.9%
from 16.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Transportation & warehousing 8.1%
Public administration 8.1%
Professional, scientific, technical 6.5%
Agriculture, forestry, fishing 0%
Education & health services 0%
Arts, entertainment, food 0%
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$64,000
−19%inflation adjusted, since 2000
from $52,700 in 2000
US average: $265,253
$642
+14%inflation adjusted, since 2000
from $375 in 2000
US average: $1,124
from 86.5% in 2000
27.3% rent
from 2.30 people in 2009
US average: 2.61
from 1.5 in 2009
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2000
White, non-Hispanic 98.5%(197)
2020
White, non-Hispanic 94.5%(137)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry from 7.6% in 2000
US average: 32.9%
High school or higher
from 78.2% in 2000
US average: 88.5%
from 2.5% in 2000
US average: 12.7%
Section 06
Commute & transportation from 13.2 min in 2000
US average: 26.9
from 88.6% in 2009
US average: 75.1%
from 3.0% in 2009
US average: 8.4%
Section 07
Work & employment from 11.8% in 2011
US average: 5.4%
from 58.3% in 2011
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
from 20.8% in 2009
US average: 39.3%
Section 08
People & community from 0.0% in 2009
US average: 13.5%
from 14.0% in 2013
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 14.0% in 2013
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2020
Gulf War (2001 or later) 23.5%(4)
Share of the 17 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Drill deeper
Places similar to Economy Head to head
Compare Economy to nearby cities ECONOMY VS
Richmond
Income $45,399 −7%
Home value $114,400 +79%
Population 35,376 +24130%
SEE FULL COMPARISON →
ECONOMY VS
New Castle
Income $51,606 +6%
Home value $98,000 +53%
Population 17,390 +11811%
SEE FULL COMPARISON →
ECONOMY VS
Connersville
Income $48,854 same
Home value $106,300 +66%
Population 13,406 +9082%
SEE FULL COMPARISON →
ECONOMY VS
Muncie
Income $44,471 −9%
Home value $97,300 +52%
Population 65,466 +44740%
SEE FULL COMPARISON →
Frequently asked
How many people live in Economy, Indiana? Economy, Indiana has about 145 residents according to the 2020 American Community Survey.
What is the median household income in Economy, Indiana? The typical household in Economy, Indiana earns about $48,750 a year. Half of households make more than that, and half make less.
Is Economy, Indiana expensive? In Economy, Indiana, the median home is worth about $64,000, and the typical rent is about $642 a month.
How educated are people in Economy, Indiana? About 10.6% of adults age 25 and over in Economy, Indiana hold a bachelor's degree or higher.
What is the poverty rate in Economy, Indiana? About 11.4% of people in Economy, Indiana live below the federal poverty line.
Has Economy, Indiana grown since 1990? Yes, Economy, Indiana has grown since 1990. The population has added about 5 residents, a change of about 4 percent over that period.
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