Economy, PA
Demographics And Statistics
Living In Economy, Pennsylvania Summary
Life in Economy research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Economy over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Economy:
The population in Economy is 9,042.
The median home value in Economy is $286,703.
The median income in Economy is $94,430.
The cost of living in Economy is 99 which is 1.0x lower than the national average.
The median rent in Economy is $907.
The unemployment rate in Economy is 3.1%.
The poverty rate in Economy is 4.3%.
The average high in Economy is 61.0° and the average low is 40.9°.
Economy SnackAbility
Overall SnackAbility
Economy, PA Crime Report
Crime in Economy summary. We use data from the FBI to determine the crime rates in Economy. Key points include:
There were 112 total crimes in Economy in the last reporting year.
The overall crime rate per 100,000 people in Economy is 1,255.3 / 100k people.
The violent crime rate per 100,000 people in Economy is 22.4 / 100k people.
The property crime rate per 100,000 people in Economy is 1,232.9 / 100k people.
Overall, crime in Economy is -40.77% below the national average.
Total Crimes
Below National Average
Crime In Economy Comparison Table
| Statistic | Count Raw |
Economy / 100k People |
Pennsylvania / 100k People |
National / 100k People |
|---|---|---|---|---|
| Total Crimes Per 100K | 112 | 1,255.3 | 1,680.6 | 2,119.2 |
| Violent Crime | 2 | 22.4 | 245.6 | 359.0 |
| Murder | 0 | 0.0 | 5.0 | 5.0 |
| Robbery | 0 | 0.0 | 51.4 | 61.0 |
| Aggravated Assault | 2 | 22.4 | 161.4 | 256.0 |
| Property Crime | 110 | 1,232.9 | 1,435.0 | 1,760.0 |
| Burglary | 1 | 11.2 | 116.7 | 229.0 |
| Larceny | 109 | 1,221.7 | 1,129.8 | 1,272.0 |
| Car Theft | 0 | 0.0 | 188.5 | 259.0 |
Economy, PA Cost Of Living
Cost of living in Economy summary. We use data on the cost of living to determine how expensive it is to live in Economy. Real estate prices drive most of the variance in cost of living around Pennsylvania. Key points include:
The cost of living in Economy is 99 with 100 being average.
The cost of living in Economy is 1.0x lower than the national average.
The median home value in Economy is $286,703.
The median income in Economy is $94,430.
Economy's Overall Cost Of Living
Lower Than The National Average
Cost Of Living In Economy Comparison Table
| Living Expense | Economy | Pennsylvania | National Average | |
|---|---|---|---|---|
| Overall | 99 | 100 | 100 | |
| Services | 93 | 101 | 100 | |
| Groceries | 99 | 101 | 100 | |
| Health | 90 | 95 | 100 | |
| Housing | 100 | 93 | 100 | |
| Transportation | 106 | 108 | 100 | |
| Utilities | 124 | 108 | 100 | |
Economy, PA Weather
The average high in Economy is 61.0° and the average low is 40.9°.
There are 84.7 days of precipitation each year.
Expect an average of 38.2 inches of precipitation each year with 16.9 inches of snow.
| Stat | Economy |
|---|---|
| Average Annual High | 61.0 |
| Average Annual Low | 40.9 |
| Annual Precipitation Days | 84.7 |
| Average Annual Precipitation | 38.2 |
| Average Annual Snowfall | 16.9 |
Average High
Days of Rain
Economy, PA Photos
Rankings for Economy in Pennsylvania
Locations Around Economy
Map Of Economy, PA
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Economy Demographics And Statistics
Population over time in Economy
The current population in Economy is 9,042. The population has increased 0.4% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 9,042 | -0.2% |
| 2022 | 9,063 | 0.1% |
| 2021 | 9,057 | -0.8% |
| 2020 | 9,133 | -0.5% |
| 2019 | 9,182 | -0.3% |
| 2018 | 9,207 | -0.2% |
| 2017 | 9,230 | -0.1% |
| 2016 | 9,240 | 0.6% |
| 2015 | 9,189 | 0.6% |
| 2014 | 9,133 | 0.7% |
| 2013 | 9,069 | 0.6% |
| 2012 | 9,016 | 0.5% |
| 2011 | 8,969 | -0.4% |
| 2010 | 9,004 | - |
Race / Ethnicity in Economy
Economy is:
93.9% White with 8,487 White residents.
1.2% African American with 112 African American residents.
0.0% American Indian with 0 American Indian residents.
0.1% Asian with 6 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.1% Other with 8 Other residents.
4.0% Two Or More with 366 Two Or More residents.
0.7% Hispanic with 63 Hispanic residents.
| Race | Economy | PA | USA |
|---|---|---|---|
| White | 93.9% | 73.8% | 58.2% |
| African American | 1.2% | 10.3% | 12.0% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 0.1% | 3.7% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.1% | 0.4% | 0.5% |
| Two Or More | 4.0% | 3.3% | 3.9% |
| Hispanic | 0.7% | 8.4% | 19.0% |
Gender in Economy
Economy is 50.0% female with 4,517 female residents.
Economy is 50.0% male with 4,525 male residents.
| Gender | Economy | PA | USA |
|---|---|---|---|
| Female | 50.0% | 50.7% | 50.5% |
| Male | 50.0% | 49.3% | 49.5% |
Highest level of educational attainment in Economy for adults over 25
0.0% of adults in Economy completed < 9th grade.
1.0% of adults in Economy completed 9-12th grade.
31.0% of adults in Economy completed high school / ged.
15.0% of adults in Economy completed some college.
14.0% of adults in Economy completed associate's degree.
23.0% of adults in Economy completed bachelor's degree.
12.0% of adults in Economy completed master's degree.
2.0% of adults in Economy completed professional degree.
2.0% of adults in Economy completed doctorate degree.
| Education | Economy | PA | USA |
|---|---|---|---|
| < 9th Grade | 0.0% | 3.0% | 5.0% |
| 9-12th Grade | 1.0% | 5.0% | 6.0% |
| High School / GED | 31.0% | 33.0% | 26.0% |
| Some College | 15.0% | 15.0% | 19.0% |
| Associate's Degree | 14.0% | 9.0% | 9.0% |
| Bachelor's Degree | 23.0% | 21.0% | 21.0% |
| Master's Degree | 12.0% | 10.0% | 10.0% |
| Professional Degree | 2.0% | 2.0% | 2.0% |
| Doctorate Degree | 2.0% | 2.0% | 2.0% |
Household Income For Economy, Pennsylvania
0.9% of households in Economy earn Less than $10,000.
1.2% of households in Economy earn $10,000 to $14,999.
4.8% of households in Economy earn $15,000 to $24,999.
3.2% of households in Economy earn $25,000 to $34,999.
7.2% of households in Economy earn $35,000 to $49,999.
24.1% of households in Economy earn $50,000 to $74,999.
11.4% of households in Economy earn $75,000 to $99,999.
20.6% of households in Economy earn $100,000 to $149,999.
12.0% of households in Economy earn $150,000 to $199,999.
14.7% of households in Economy earn $200,000 or more.
| Income | Economy | PA | USA |
|---|---|---|---|
| Less than $10,000 | 0.9% | 4.8% | 4.9% |
| $10,000 to $14,999 | 1.2% | 3.7% | 3.6% |
| $15,000 to $24,999 | 4.8% | 7.0% | 6.6% |
| $25,000 to $34,999 | 3.2% | 7.1% | 6.8% |
| $35,000 to $49,999 | 7.2% | 10.7% | 10.4% |
| $50,000 to $74,999 | 24.1% | 16.1% | 15.7% |
| $75,000 to $99,999 | 11.4% | 12.9% | 12.7% |
| $100,000 to $149,999 | 20.6% | 17.6% | 17.4% |
| $150,000 to $199,999 | 12.0% | 9.0% | 9.3% |
| $200,000 or more | 14.7% | 11.1% | 12.6% |
