Economy, PA
Demographics And Statistics

We take you around Economy to find out what it's like to call it home.

Living in Economy, Pennsylvania

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. Here's a snapshot of Economy based on the most recently available data.

9,005 Population
$278,625 Median home value
$95,313 Median income
102 Cost of living +2% vs US
$1,009 Median rent
3.3% Unemployment
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Economy SnackAbility

5
Overall SnackAbility
Jobs 8.5/10
Housing 7/10
Affordability 8.5/10
Diversity 3/10
SafetyN/A
Amenities 7/10
Education 8.5/10
Commute 6/10

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.

112
Total Crimes
-40.77%
Below National Average
Economy
US

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
Worried about safety? Compare home security systems in Economy Get matched →

Source: FBI Uniform Crime Reporting (2024)

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 102 with 100 being average.

  • The cost of living in Economy is 1.0x higher than the national average.

  • The median home value in Economy is $278,625.

  • The median income in Economy is $95,313.

102
Economy's Overall Cost Of Living
1.0x
Higher Than The National Average
Economy
US

Cost Of Living In Economy Comparison Table

Living Expense Economy Pennsylvania National Average
Overall 102 97 100
Services 99 99 100
Groceries 103 100 100
Health 101 88 100
Housing 104 102 100
Transportation 104 100 100
Utilities 101 101 100
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Source: Cost of living index, normalized to US average = 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.

StatEconomy
Average Annual High61.0
Average Annual Low40.9
Annual Precipitation Days84.7
Average Annual Precipitation38.2
Average Annual Snowfall16.9
61.0°
Average High
84.7
Days of Rain

Source: NOAA climate normals (30-year)

Economy, PA Photos

Old Economy County Park
Source: Public Domain

Rankings & Articles For Economy

Locations Around Economy

Map Of Economy, PA

Best Places Around Economy

1

Fox Chapel, PA
Population 5,246

$1,000,518+259% vs Economy
2

Glenshaw, PA
Population 9,139

$277,181-1% vs Economy
3

Franklin Park, PA
Population 15,235

$539,475+94% vs Economy
4

Allison Park, PA
Population 22,045

$385,387+38% vs Economy
5

Dormont, PA
Population 8,063

$246,407-12% vs Economy
6

West View, PA
Population 6,533

$252,295-9% vs Economy
7

Crafton, PA
Population 5,961

$208,118-25% vs Economy
8

Carnot-Moon, PA
Population 13,534

$293,512+5% vs Economy
9

Bellevue, PA
Population 8,128

$236,964-15% vs Economy
10

Carnegie, PA
Population 7,978

$224,034-20% vs Economy

Economy Demographics And Statistics

Population over time in Economy

The current population in Economy is 9,005. The population has increased 0.0% from 2010.

Year Population % Change
2024 9,005 -0.4%
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

White 94.3% (8,495)
African American 1.1% (97)
American Indian 0.0% (0)
Asian 0.1% (8)
Hawaiian 0.0% (0)
Other 0.1% (8)
Two Or More 4.0% (361)
Hispanic 0.4% (36)
See the full breakdown

Economy is:

  • 94.3% White with 8,495 White residents.

  • 1.1% African American with 97 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 0.1% Asian with 8 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.1% Other with 8 Other residents.

  • 4.0% Two Or More with 361 Two Or More residents.

  • 0.4% Hispanic with 36 Hispanic residents.

Race Economy PA USA
White 94.3% 73.0% 57.4%
African American 1.1% 10.3% 11.9%
American Indian 0.0% 0.1% 0.5%
Asian 0.1% 3.8% 5.9%
Hawaiian 0.0% 0.0% 0.2%
Other 0.1% 0.5% 0.6%
Two Or More 4.0% 3.6% 4.3%
Hispanic 0.4% 8.7% 19.3%

Gender in Economy

Female 49.9% (4,494)
Male 50.1% (4,511)
See the full breakdown
  • Economy is 49.9% female with 4,494 female residents.

  • Economy is 50.1% male with 4,511 male residents.

Gender Economy PA USA
Female 49.9% 50.7% 50.5%
Male 50.1% 49.3% 49.5%

Highest level of educational attainment in Economy for adults over 25

< 9th Grade 1.0% (90)
9-12th Grade 1.0% (90)
High School / GED 31.0% (2,791)
Some College 16.0% (1,440)
Associate's Degree 14.0% (1,260)
Bachelor's Degree 23.0% (2,071)
Master's Degree 12.0% (1,080)
Professional Degree 1.0% (90)
Doctorate Degree 1.0% (90)
See the full breakdown
  • 1.0% 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.

  • 16.0% 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.

  • 1.0% of adults in Economy completed professional degree.

  • 1.0% of adults in Economy completed doctorate degree.

Education Economy PA USA
< 9th Grade 1.0% 3.0% 4.0%
9-12th Grade 1.0% 5.0% 6.0%
High School / GED 31.0% 33.0% 26.0%
Some College 16.0% 15.0% 19.0%
Associate's Degree 14.0% 9.0% 9.0%
Bachelor's Degree 23.0% 21.0% 22.0%
Master's Degree 12.0% 10.0% 10.0%
Professional Degree 1.0% 2.0% 2.0%
Doctorate Degree 1.0% 2.0% 2.0%

Household Income For Economy, Pennsylvania

Less than $10,000 3.0% (26,848)
$10,000 to $14,999 0.9% (7,840)
$15,000 to $24,999 4.3% (38,728)
$25,000 to $34,999 4.1% (36,590)
$35,000 to $49,999 5.1% (45,618)
$50,000 to $74,999 24.3% (219,066)
$75,000 to $99,999 11.2% (101,217)
$100,000 to $149,999 22.0% (198,395)
$150,000 to $199,999 12.7% (114,047)
$200,000 or more 12.5% (112,146)
See the full breakdown
  • 3.0% of households in Economy earn Less than $10,000.

  • 0.9% of households in Economy earn $10,000 to $14,999.

  • 4.3% of households in Economy earn $15,000 to $24,999.

  • 4.1% of households in Economy earn $25,000 to $34,999.

  • 5.1% of households in Economy earn $35,000 to $49,999.

  • 24.3% of households in Economy earn $50,000 to $74,999.

  • 11.2% of households in Economy earn $75,000 to $99,999.

  • 22.0% of households in Economy earn $100,000 to $149,999.

  • 12.7% of households in Economy earn $150,000 to $199,999.

  • 12.5% of households in Economy earn $200,000 or more.

Income Economy PA USA
Less than $10,000 3.0% 4.9% 5.0%
$10,000 to $14,999 0.9% 3.5% 3.4%
$15,000 to $24,999 4.3% 6.7% 6.3%
$25,000 to $34,999 4.1% 6.9% 6.6%
$35,000 to $49,999 5.1% 10.5% 10.1%
$50,000 to $74,999 24.3% 15.9% 15.5%
$75,000 to $99,999 11.2% 12.8% 12.6%
$100,000 to $149,999 22.0% 17.7% 17.5%
$150,000 to $199,999 12.7% 9.3% 9.6%
$200,000 or more 12.5% 11.8% 13.4%

Source: U.S. Census ACS 5-year estimates (2024)