United States › Pennsylvania › Economy CITY · 2010 ACS
Economy Pennsylvania · 8,970 residents · 17.9 sq mi
Time machine
COMPARE TO 1990 Census 2000 Census 2009 ACS 2011 ACS 2012 ACS 2013 ACS 2014 ACS 2015 ACS 2016 ACS 2017 ACS 2018 ACS 2019 ACS 2020 ACS 2021 ACS 2022 ACS 2023 ACS 2024 ACS
The short version
With 8,970 people, Economy is a city in Pennsylvania. 94% of homes are owner-occupied. At a median age of 47.1, this is an older place than the country as a whole. Households here earn about 39% more than in Pennsylvania as a whole. The foreign-born share is 1%. The poverty rate is 6.4%, under the national 13.8%.
At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 47.1
US median: 37.2
Average education
26% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01
Population & growth from 41.6 in 2000
US average: 37.2
Population, 1990 – 2024
9K 9K 9K 9K 10K 1990 2000 2010 2020 2024 Economy Age distribution, 2010
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Section 02
Income & economy $69,882
+5%inflation adjusted, since 2000
from $52,446 in 2000
US average: $52,703
from $22,453 in 2000
US average: $27,286
Households earning $100K+
from 40.6% in 2009
US average: 33.3%
from 2.4% in 2000
US average: 13.8%
Workforce by industry, 2010
Professional, scientific, technical 10.1%
Public administration 5.3%
Transportation & warehousing 4.6%
Arts, entertainment, food 2.1%
Education & health services 0.8%
Agriculture, forestry, fishing 0%
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$154,100
+9%inflation adjusted, since 2000
from $111,500 in 2000
US average: $225,659
$824
+14%inflation adjusted, since 2000
from $570 in 2000
US average: $853
from 94.7% in 2000
6.2% rent
from 6.2% in 2009
US average: 12.1%
from 2.61 people in 2009
US average: 2.60
from 22.1% in 2009
US average: 30.9%
from 49.7% in 2009
US average: 46.8%
from 2.3 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%(9,174)
Hispanic / Latino 0.4%(41)
2010
White, non-Hispanic 97.5%(8,748)
Hispanic / Latino 0.8%(68)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 17 more ancestry groups with data from 23.7% in 2000
US average: 27.9%
High school or higher
from 89.2% in 2000
US average: 84.9%
from 8.6% in 2000
US average: 10.2%
Section 06
Commute & transportation from 16.9 min in 2000
US average: 25.2
from 87.3% in 2009
US average: 76.2%
from 7.1% in 2009
US average: 10.4%
from 0.8% in 2009
US average: 4.7%
from 3.2% in 2009
US average: 4.1%
from 1.0% in 2009
US average: 2.8%
from 0.0% in 2009
US average: 0.5%
from 3.5% in 2009
US average: 8.7%
Section 07
Work & employment from 9.4% in 2009
US average: 12.9%
from 40.6% in 2009
US average: 35.2%
Section 08
People & community from 0.8% in 2009
US average: 12.8%
from 11.9% in 2009
US average: 9.9%
Marital status (2024)
Men 15+
Never married 27.7%(1,092)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage Showing 2024 (the nearest year with coverage data).
from 4.0% in 2013
US average: 8.4%
from 67.2% in 2020
US average: 54.8%
Direct-purchase
from 20.5% in 2020
US average: 13.8%
from 27.9% in 2020
US average: 18.4%
from 7.4% in 2020
US average: 20.9%
VA health care
from 2.8% in 2020
US average: 2.2%
Any private
from 84.9% in 2020
US average: 67.1%
Any public
from 34.1% in 2020
US average: 36.7%
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, 2024
Gulf War (2001 or later) 19.6%(124)
Gulf War (1990s) 15.7%(99)
Share of the 632 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
Aliquippa
Income $50,188 −28%
Home value $98,400 −36%
Population 9,002 −1%
SEE FULL COMPARISON →
ECONOMY VS
Franklin Park
Income $176,875 +153%
Home value $485,600 +215%
Population 14,978 +65%
SEE FULL COMPARISON →
ECONOMY VS
Carnot-Moon
Income $100,714 +44%
Home value $264,200 +71%
Population 13,534 +49%
SEE FULL COMPARISON →
ECONOMY VS
Beaver Falls
Income $49,924 −29%
Home value $92,100 −40%
Population 8,832 −3%
SEE FULL COMPARISON →
Frequently asked
How many people live in Economy, Pennsylvania? Economy, Pennsylvania has about 8,970 residents according to the 2010 American Community Survey.
What is the median household income in Economy, Pennsylvania? The typical household in Economy, Pennsylvania earns about $69,882 a year. Half of households make more than that, and half make less.
Is Economy, Pennsylvania expensive? In Economy, Pennsylvania, the median home is worth about $154,100, and the typical rent is about $824 a month.
How educated are people in Economy, Pennsylvania? About 26.3% of adults age 25 and over in Economy, Pennsylvania hold a bachelor's degree or higher.
What is the poverty rate in Economy, Pennsylvania? About 6.4% of people in Economy, Pennsylvania live below the federal poverty line.
Has Economy, Pennsylvania grown since 1990? Yes, Economy, Pennsylvania has shrunk since 1990. The population has lost about 549 residents, a change of about -6 percent over that period.
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