For population 25 years and over in Economy:
For population 15 years and over in Economy town:
4 residents are foreign born
Median real estate property taxes paid for housing units with mortgages in 2012: $500 (0.9%)
Nearest city with pop. 50,000+: Muncie, IN (21.9 miles , pop. 67,430).
Nearest city with pop. 200,000+: Indianapolis, IN (57.8 miles , pop. 781,870).
Nearest city with pop. 1,000,000+: Chicago, IL (187.1 miles , pop. 2,896,016).
Nearest cities: Modoc, IN (2.3 miles ), Hagerstown, IN (2.4 miles ), Losantville, IN (2.5 miles ), Greens Fork, IN (2.5 miles ), Mooreland, IN (3.0 miles ), Fountain City, IN (3.0 miles ), Lynn, IN (3.0 miles ), Blountsville, IN (3.2 miles) .
Latitude: 39.98 N, Longitude: 85.09 W
Area code commonly used in this area: 765
Population change in the 1990s: +45 (+29.0%).
Work and jobs in Economy: detailed stats about occupations, industries, unemployment, workers, commute
Average climate in Economy, Indiana
Based on data reported by over 4,000 weather stations
Economy-area historical tornado activity is above Indiana state average. It is 208% greater than the overall U.S. average.
On 4/3/1974, a category F4 (max. wind speeds 207-260 mph) tornado 11.0 miles away from the Economy town center killed one person and injured 12 people and caused between $5,000,000 and $50,000,000 in damages.
On 4/3/1974, a category F4 tornado 19.3 miles away from the town center injured 17 people and caused between $5,000,000 and $50,000,000 in damages.
Earthquake activity:Economy-area historical earthquake activity is below Indiana state average. It is 92% smaller than the overall U.S. average.
On 7/12/1986 at 08:19:37, a magnitude 4.5 (4.5 MB, Class: Light, Intensity: IV - V) earthquake occurred 54.1 miles away from the city center
On 9/12/2004 at 13:05:19, a magnitude 3.8 (3.5 MB, 3.8 MW, 3.6 LG, Depth: 3.8 mi, Class: Light, Intensity: II - III) earthquake occurred 46.1 miles away from Economy center
On 12/20/1990 at 14:04:17, a magnitude 3.6 (3.6 LG, Depth: 6.2 mi) earthquake occurred 88.8 miles away from the city center
On 4/14/2000 at 03:54:20, a magnitude 3.6 (3.6 LG, Depth: 3.1 mi) earthquake occurred 89.6 miles away from the city center
On 4/17/1990 at 10:27:34, a magnitude 3.0 (3.0 LG, Depth: 3.1 mi) earthquake occurred 35.7 miles away from Economy center
Magnitude types: regional Lg-wave magnitude (LG), body-wave magnitude (MB), moment magnitude (MW)
Natural disasters:The number of natural disasters in Wayne County (10) is near the US average (12).
Major Disasters (Presidential) Declared: 7
Emergencies Declared: 3
Causes of natural disasters: Floods: 5, Storms: 4, Tornadoes: 2, Winter Storms: 2, Storm: 1, Blizzard: 1, Hurricane: 1, Ice Storm: 1, Snow: 1 (Note: Some incidents may be assigned to more than one category).
Hospitals/medical centers near Economy:
Colleges/universities with over 2000 students nearest to Economy:
Particulate Matter (PM2.5) [µ/m3] level in 2010 was 11.0. This is about average. Closest monitor was 21.7 miles away from the city center.
Particulate Matter (PM10) [µ/m3] level in 2002 was 17.1. This is significantly better than average. Closest monitor was 13.3 miles away from the city center.
Percentage of residents living in poverty in 2012: 32.2%
(28.8% for White Non-Hispanic residents, 81.8% for two or more races residents)
Average household size:
Percentage of family households:
Percentage of households with unmarried partners:
No gay or lesbian households reported
Economy compared to Indiana state average:
Most commonly used house heating fuel:
1996 2000 2004 2008 2012
1996 Presidential Elections Results
2000 Presidential Elections Results
2004 Presidential Elections Results
2008 Presidential Elections Results
2012 Presidential Elections Results
Graphs represent county-level data. Detailed 2008 Election Results
Religion statistics for Economy town (based on Wayne County data)Percentage of population affiliated with a religious congregations: 41.11%
Breakdown of population affiliated with a religious congregations
Tables represent county-level data.
Food Environment Statistics:
Number of grocery stores: 14
Number of supercenters and club stores: 2
Number of convenience stores (no gas): 8
Number of convenience stores (with gas): 30
Number of full-service restaurants: 54
Adult diabetes rate:
Adult obesity rate:
Low-income preschool obesity rate:
Economy government finances - Expenditure in 2002 (per resident):
Economy government finances - Revenue in 2002 (per resident):
Economy government finances - Cash and Securities in 2002 (per resident):
4.42% of this county's 2006 resident taxpayers lived in other counties in 2005 ($33,305 average adjusted gross income)
0.14% of residents moved from foreign countries ($124 average AGI)
Top counties from which taxpayers relocated into this county between 2005 and 2006:
5.39% of this county's 2005 resident taxpayers moved to other counties in 2006 ($34,331 average adjusted gross income)
10 or fewer of this county's residents moved to foreign countries between 2005 and 2006.
Top counties to which taxpayers relocated from this county between 2005 and 2006:
Strongest AM radio stations in Economy:
Strongest FM radio stations in Economy:
TV broadcast stations around Economy:
Economy fatal accident list:
Feb 5, 2010 02:49 PM, Us-35, Lat: 39.98264444, Lon: -85.12254167, Vehicles: 2, Persons: 3, Fatalities: 2
Sep 28, 2006 01:00 AM, Us- 35, Massey, Lat: 39.982683, Lon: -85.144544, Vehicles: 1, Persons: 1, Fatalities: 1
Mar 29, 1996 02:24 PM, 35, Vehicles: 2, Persons: 2, Fatalities: 1
FCC Registered Private Land Mobile Towers:1
2006 National Fire Incident Reporting System Incidents:
Economy on our top lists:
Total of 2 patent applications in 2008-2014.