Economy, PA
Demographics And Statistics

Demographics | Crime | Cost Of Living
Updated: 2023-12-15

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 9,063.

  • The median home value in Economy is $265,781.

  • The median income in Economy is $86,983.

  • The cost of living in Economy is 102 which is 1.0x higher than the national average.

  • The median rent in Economy is $886.

  • The unemployment rate in Economy is 3.3%.

  • The poverty rate in Economy is 5.0%.

  • The average high in Economy is 61.0° and the average low is 40.9°.

Search Homes For Sale In Economy, PA

Economy SnackAbility

5
Overall SnackAbility
Jobs
8.5/10
Housing
7
Affordability
8.5
Diversity
3
Safety
N/A
Amenities
7
Education
8.5
Commute
6
Search Homes For Sale In Economy, PA

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 27 total crimes in Economy in the last reporting year.

  • The overall crime rate per 100,000 people in Economy is 299.2 / 100k people.

  • The violent crime rate per 100,000 people in Economy is 22.2 / 100k people.

  • The property crime rate per 100,000 people in Economy is 277.0 / 100k people.

  • Overall, crime in Economy is -87.13% below the national average.

27
Total Crimes
-87.13%
Below National Average

Crime In Economy Comparison Table

Statistic Count
Raw
Economy
/ 100k People
Pennsylvania
/ 100k People
National
/ 100k People
Total Crimes Per 100K 27 299.2 2,033.6 2,324.2
Violent Crime 2 22.2 389.5 369.8
Murder 0 0.0 7.9 6.3
Robbery 1 11.1 83.9 66.1
Aggravated Assault 1 11.1 264.6 268.2
Property Crime 25 277.0 1,644.1 1,954.4
Burglary 0 0.0 248.6 269.8
Larceny 25 277.0 1,274.5 1,401.9
Car Theft 0 0.0 121.0 282.7

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 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 $265,781.

  • The median income in Economy is $86,983.

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

Cost Of Living In Economy Comparison Table

Living Expense Economy Pennsylvania National Average
Overall 102 97 100
Services 93 99 100
Groceries 109 101 100
Health 94 97 100
Housing 92 85 100
Transportation 103 105 100
Utilities 129 106 100

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

Economy, PA Photos

Old Economy County Park
Source: Public Domain

Rankings for Economy in Pennsylvania

Locations Around Economy

Map Of Economy, PA

Best Places Around Economy

1

Fox Chapel, PA
Population 5,299

2

Glenshaw, PA
Population 9,418

3

Franklin Park, PA
Population 15,305

4

Allison Park, PA
Population 22,701

5

Dormont, PA
Population 8,199

6

West View, PA
Population 6,660

7

Crafton, PA
Population 6,044

8

Carnot-Moon, PA
Population 13,345

9

Bellevue, PA
Population 8,236

10

Carnegie, PA
Population 8,067

Economy Demographics And Statistics

Population over time in Economy

The current population in Economy is 9,063. The population has increased 0.7% from 2010.

Year Population % Change
2022 9,063 -1.6%
2021 9,207 -0.2%
2020 9,230 -0.1%
2019 9,240 0.6%
2018 9,189 0.6%
2017 9,133 0.7%
2016 9,069 0.6%
2015 9,016 0.5%
2014 8,969 -0.4%
2013 9,004 -

Race / Ethnicity in Economy

White
93.6% (8,487)
African American
1.3% (114)
American Indian
0.0% (0)
Asian
0.1% (5)
Hawaiian
0.0% (0)
Other
0.0% (0)
Two Or More
3.5% (314)
Hispanic
1.6% (143)

Economy is:

  • 93.6% White with 8,487 White residents.

  • 1.3% African American with 114 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 0.1% Asian with 5 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.0% Other with 0 Other residents.

  • 3.5% Two Or More with 314 Two Or More residents.

  • 1.6% Hispanic with 143 Hispanic residents.

Race Economy PA USA
White 93.6% 74.5% 58.9%
African American 1.3% 10.4% 12.1%
American Indian 0.0% 0.1% 0.6%
Asian 0.1% 3.6% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 0.0% 0.4% 0.4%
Two Or More 3.5% 3.0% 3.5%
Hispanic 1.6% 8.1% 18.7%

Gender in Economy

Female
50.4% (4,570)
Male
49.6% (4,493)
  • Economy is 50.4% female with 4,570 female residents.

  • Economy is 49.6% male with 4,493 male residents.

Gender Economy PA USA
Female 50.4% 50.6% 50.4%
Male 49.6% 49.4% 49.6%

Highest level of educational attainment in Economy for adults over 25

  • 0.0% of adults in Economy completed < 9th grade.

  • 2.0% 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.

  • 10.0% 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.

< 9th Grade
0.0% (0)
9-12th Grade
2.0% (181)
High School / GED
31.0% (2,809)
Some College
16.0% (1,450)
Associate's Degree
14.0% (1,268)
Bachelor's Degree
23.0% (2,084)
Master's Degree
10.0% (906)
Professional Degree
2.0% (181)
Doctorate Degree
2.0% (181)
Education Economy PA USA
< 9th Grade 0.0% 2.0% 4.0%
9-12th Grade 2.0% 5.0% 6.0%
High School / GED 31.0% 34.0% 26.0%
Some College 16.0% 16.0% 20.0%
Associate's Degree 14.0% 9.0% 9.0%
Bachelor's Degree 23.0% 20.0% 21.0%
Master's Degree 10.0% 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

  • 1.1% of households in Economy earn Less than $10,000.

  • 1.5% of households in Economy earn $10,000 to $14,999.

  • 5.9% of households in Economy earn $15,000 to $24,999.

  • 3.1% of households in Economy earn $25,000 to $34,999.

  • 8.5% of households in Economy earn $35,000 to $49,999.

  • 22.3% of households in Economy earn $50,000 to $74,999.

  • 14.7% of households in Economy earn $75,000 to $99,999.

  • 19.4% of households in Economy earn $100,000 to $149,999.

  • 12.9% of households in Economy earn $150,000 to $199,999.

  • 10.5% of households in Economy earn $200,000 or more.

Less than $10,000
1.1% (10,392)
$10,000 to $14,999
1.5% (13,534)
$15,000 to $24,999
5.9% (53,169)
$25,000 to $34,999
3.1% (28,276)
$35,000 to $49,999
8.5% (76,612)
$50,000 to $74,999
22.3% (202,527)
$75,000 to $99,999
14.7% (133,165)
$100,000 to $149,999
19.4% (176,184)
$150,000 to $199,999
12.9% (117,214)
$200,000 or more
10.5% (95,221)
Income Economy PA USA
Less than $10,000 1.1% 4.8% 4.9%
$10,000 to $14,999 1.5% 3.9% 3.8%
$15,000 to $24,999 5.9% 7.4% 7.0%
$25,000 to $34,999 3.1% 7.6% 7.4%
$35,000 to $49,999 8.5% 11.0% 10.7%
$50,000 to $74,999 22.3% 16.3% 16.1%
$75,000 to $99,999 14.7% 13.0% 12.8%
$100,000 to $149,999 19.4% 17.2% 17.1%
$150,000 to $199,999 12.9% 8.5% 8.8%
$200,000 or more 10.5% 10.2% 11.4%

Articles About Pennsylvania

Enjoy The Snack?