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CITY · 2010 ACS

Economy

Pennsylvania · 8,970 residents · 17.871 sq mi
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The short version

Economy is significantly wealthier than the US average, with a median household income of $69,882. Population has declined 4% since 2000. Median home value is $154,100. With a median age of 47.1, the population is older than the US median of 37.2. Poverty is rare here, at 6.4% of residents. Households here earn about 39% more than the Pennsylvania median.

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

Total population
8,970
−4%since 2000
from 9,363 in 2000
1990 – 2025
Population density
502 / sq mi
−4%since 2000
from 524 / sq mi in 2000
US average: 261
Median age
47.1
+13%since 2000
from 41.6 in 2000
US average: 37.2
Population, 1990 – 2024
9K9K9K9K10K1990201020202024Economy
20249K
1990201020202024
Section 02

Income & economy

Median household income
$69,882
+5%inflation adjusted, since 2000
from $52,446 in 2000
US average: $52,703
1990 – 2024
Per capita income
$30,156
+34%since 2000
from $22,453 in 2000
US average: $27,286
Households earning $100K+
43.8%
+3.2 ptssince 2009
from 40.6% in 2009
US average: 33.3%
Poverty rate
6.4%
+4.0 ptssince 2000
from 2.4% in 2000
US average: 13.8%
Income inequality (Gini)
0.338
US average: 0.461
Workforce by industry, 2010
Retail trade12.8%
US avg: 10.9%
Finance & insurance11%
US avg: 5.1%
Information10.3%
US avg: 11.5%
Professional, scientific, technical10.1%
US avg: 4.2%
Other services6%
US avg: 7%
Public administration5.3%
US avg: 4.9%
Wholesale trade5%
US avg: 7.2%
Transportation & warehousing4.6%
US avg: 3.1%
Arts, entertainment, food2.1%
US avg: 2.4%
Education & health services0.8%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$154,100
+9%inflation adjusted, since 2000
from $111,500 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$824
+14%inflation adjusted, since 2000
from $570 in 2000
US average: $853
Owner-occupied
60.5%
−34.2 ptssince 2000
from 94.7% in 2000
6.2% rent
Vacancy rate
7.1%
+0.8 ptssince 2009
from 6.2% in 2009
US average: 12.1%
Owner cost-burdened
20.4%
−1.6 ptssince 2009
from 22.1% in 2009
US average: 30.9%
Renter cost-burdened
52.6%
+2.9 ptssince 2009
from 49.7% in 2009
US average: 46.8%
Afford Score
2.2
+4%since 2000
from 2.1 in 2000
1990 – 2024
RELATED:See current rent listings in Economy on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98%(9,174)
Black0.7%(62)
Hispanic / Latino0.4%(41)
Asian0.3%(26)
Other0%
Diversity Score3.4%(321)
2010
White, non-Hispanic97.5%(8,748)
Black0.6%(57)
Hispanic / Latino0.8%(68)
Asian0.4%(34)
Other0.4%(39)
Diversity Score5.5%(489)
Diversity Score
5
+59%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
26.3%
+2.6 ptssince 2000
from 23.7% in 2000
US average: 27.9%
High school or higher
92.7%
+3.5 ptssince 2000
from 89.2% in 2000
US average: 84.9%
Graduate degree
10.0%
+1.3 ptssince 2000
from 8.6% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
28.4 min
+68%since 2000
from 16.9 min in 2000
US average: 25.2
Drive alone to work
87.2%
−0.1 ptssince 2009
from 87.3% in 2009
US average: 76.2%
Carpooled to work
7.0%
−0.1 ptssince 2009
from 7.1% in 2009
US average: 10.4%
Public transit
1.3%
+0.4 ptssince 2009
from 0.8% in 2009
US average: 4.7%
Worked from home
3.0%
−0.1 ptssince 2009
from 3.2% in 2009
US average: 4.1%
Walked to work
0.8%
−0.2 ptssince 2009
from 1.0% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
3.2%
−0.3 ptssince 2009
from 3.5% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
8.0%
−1.4 ptssince 2009
from 9.4% in 2009
US average: 12.9%
Management & professional
40.1%
−25.8 ptssince 2009
from 65.9% in 2009
US average: 35.2%
Section 08

People & community

Male
50.2%
Unchangedsince 2009
from 50.2% in 2009
Female
49.8%
Unchangedsince 2009
from 49.8% in 2009
Foreign born
1.1%
+0.3 ptssince 2009
from 0.8% in 2009
US average: 12.8%
Veterans
11.7%
−38.5 ptssince 2009
from 50.1% in 2009
US average: 9.9%
Drill deeper

Places similar to Economy

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Pop 8,914
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Pop 8,582
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Pop 8,618
Miramar Beach
Pop 8,902
Places similar to Economy
Head to head

Compare Economy to nearby cities

ECONOMY VS
Aliquippa
Income$50,188−28%
Home value$98,400−36%
Population9,002−1%
SEE FULL COMPARISON →
ECONOMY VS
Franklin Park
Income$176,875+153%
Home value$485,600+215%
Population14,978+65%
SEE FULL COMPARISON →
ECONOMY VS
Carnot-Moon
Income$100,714+44%
Home value$264,200+71%
Population13,534+49%
SEE FULL COMPARISON →
ECONOMY VS
Beaver Falls
Income$49,924−29%
Home value$92,100−40%
Population8,832−3%
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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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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