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Economy, PA (Pennsylvania) Houses and Residents

Estimated median house or condo value in 2022: $244,752 (it was $111,500 in 2000)
Economy:

$244,752
Pennsylvania:

$245,500
Lower value quartile - upper value quartile: $189,084 - $329,596

Mean price in 2022:

Detached houses: $386,274
Here:

$386,274
State:

$317,202

Townhouses or other attached units: $334,194
Here:

$334,194
State:

$254,369

Mobile homes: $29,165
Here:

$29,165
State:

$92,414

Total population: 9,294 (Urban population: 6,639, Rural population: 2,724 (all nonfarm))

Houses: 3,975 (3,757 occupied: 3,493 owner occupied, 263 renter occupied)

% of renters here:

7%
State:

31%

Housing density: 225 houses/condos per square mile

Median price asked for vacant for-sale houses and condos in 2022: $156,321.

Median contract rent in 2022: $762 (lower quartile is $550, upper quartile is $835)


Median rent asked for vacant for-rent units in 2022: $569


Median gross rent in Economy, PA in 2022: $943

Housing units in Economy with a mortgage: 1,631 (289 second mortgage, 8 home equity loan, 235 both second mortgage and home equity loan)
Houses without a mortgage: 140

Median household income for houses/condos with a mortgage: $113,698

Median household income for apartments without a mortgage: $75,179

Median monthly housing costs: $1,045

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Economy, Pennsylvania Age and Sex of Residents
Median year house/condo built: 1972

Median year apartment built: 1962

Household type by relationship:

Households: 8,957
  • Male householders: 2,175 (442 living alone), Female householders: 1,530 (378 living alone)
  • 2,319 spouses (2,260 opposite-sex spouses), 259 unmarried partners, (259 opposite-sex unmarried partners), 2,139 children (1,951 natural, 52 adopted, 136 stepchildren), 132 grandchildren, 96 brothers or sisters, 90 parents, 0 foster children, 57 other relatives, 154 non-relatives

Size of family households: 1,587 2-persons, 540 3-persons, 433 4-persons, 108 5-persons, 49 6-persons, 16 7-or-more-persons.

Size of nonfamily households: 813 1-person, 201 2-persons, 33 3-persons.

1,231 married couples with children.
95 single-parent households (34 men, 61 women).

96.9% of residents of Economy speak English at home.
1.2% of residents speak Spanish at home (100% speak English very well).
1.6% of residents speak other Indo-European language at home (84% speak English very well, 16% speak English well).
0.2% of residents speak Asian or Pacific Island language at home (100% speak English very well).

Foreign born population: 289 (3.2%)
(73.4% of them are naturalized citizens)

Median number of rooms in houses and condos:
Here:

6.6
State:

6.8

Median number of rooms in apartments
Here:

5.5
State:

4.3

Owner-occupied Renter-occupied
Bedrooms in owner-occupied houses and condos in Economy, Pennsylvania
  • Bedrooms in owner-occupied houses and condos in Economy, Pennsylvania
  • 0no bedroom
  • 61 bedroom
  • 4982 bedrooms
  • 2,0603 bedrooms
  • 8564 bedrooms
  • 745+ bedrooms
Bedrooms in renter-occupied apartments in Economy, Pennsylvania
  • Bedrooms in renter-occupied apartments in Economy, Pennsylvania
  • 0no bedroom
  • 521 bedroom
  • 1002 bedrooms
  • 1043 bedrooms
  • 74 bedrooms
  • 05+ bedrooms
Owner-occupied Renter-occupied
Cars and other vehicles available in Economy in owner-occupied houses/condos
  • Cars and other vehicles available in Economy in owner-occupied houses/condos
  • 108no vehicle
  • 6491 vehicle
  • 1,7882 vehicles
  • 6463 vehicles
  • 2214 vehicles
  • 805+ vehicles
Cars and other vehicles available in Economy in renter-occupied apartments
  • Cars and other vehicles available in Economy in renter-occupied apartments
  • 37no vehicle
  • 1211 vehicle
  • 632 vehicles
  • 353 vehicles
  • 74 vehicles
  • 05+ vehicles
Owner-occupied Renter-occupied
Rooms in owner-occupied houses in Economy, Pennsylvania
  • Rooms in owner-occupied houses in Economy, Pennsylvania
  • 01 room
  • 02 rooms
  • 373 rooms
  • 1024 rooms
  • 5465 rooms
  • 9576 rooms
  • 6867 rooms
  • 4868 rooms
  • 6799+ rooms
Rooms in renter-occupied apartments in Economy, Pennsylvania
  • Rooms in renter-occupied apartments in Economy, Pennsylvania
  • 01 room
  • 02 rooms
  • 633 rooms
  • 144 rooms
  • 715 rooms
  • 496 rooms
  • 607 rooms
  • 08 rooms
  • 69+ rooms
Year house built
Median 2022 house/condo value by year built
Median house/condo value by year householder moved into unit
Breakdown of mean house values by ages of householders
Owners and renters by unit type in Economy, PA
  • Economy, PA household income distribution

  • Distribution of median household income in Economy, PA in 2022
  • 51Less than $10,000
  • 171$10,000 to $19,999
  • 129$20,000 to $29,999
  • 127$30,000 to $39,999
  • 216$40,000 to $49,999
  • 361$50,000 to $59,999
  • 571$60,000 to $74,999
  • 592$75,000 to $99,999
  • 310$100,000 to $124,999
  • 389$125,000 to $149,999
  • 446$150,000 to $199,999
  • 419$200,000 or more
  • Home value of owner - occupied houses in 2022 in Economy, PA

  • Distribution of house value in Economy, PA in 2022
  • 45Less than $10,000
  • 6$25,000 to $29,999
  • 15$70,000 to $79,999
  • 60$80,000 to $89,999
  • 47$90,000 to $99,999
  • 120$100,000 to $124,999
  • 183$125,000 to $149,999
  • 323$150,000 to $174,999
  • 281$175,000 to $199,999
  • 1,029$200,000 to $249,999
  • 445$250,000 to $299,999
  • 690$300,000 to $399,999
  • 244$400,000 to $499,999
  • 79$500,000 to $749,999
  • 16$750,000 to $999,999
  • 52$2,000,000 or more
  • Rent paid by renters in 2022 in Economy, PA

  • Distribution of rent paid by renters in Economy, PA in 2022
  • 13$150 to $199
  • 19$400 to $449
  • 18$450 to $499
  • 12$500 to $549
  • 27$650 to $699
  • 10$700 to $749
  • 56$750 to $799
  • 41$800 to $899
  • 3$2,000 to $2,499
  • 29No cash rent
Time Leaving Home To Go To Work in 2022

Percentage of workers working in this county: 40.8%
Number of people working at home: 750 (15.9% of all workers)

Travel time (in minutes) to work in 2022

Travel time to work (commute)

  • Less than 5 minutes: 149
  • 5 to 9 minutes: 49
  • 10 to 14 minutes: 293
  • 15 to 19 minutes: 612
  • 20 to 24 minutes: 751
  • 25 to 29 minutes: 284
  • 30 to 34 minutes: 548
  • 35 to 39 minutes: 348
  • 40 to 44 minutes: 184
  • 45 to 59 minutes: 711
  • 60 to 89 minutes: 86
  • 90 or more minutes: 40
Means of transportation to work in 2022 - Economy

Means of transportation to work:

  • Drove a car alone: 744 (48.3%)
  • Carpooled: 58 (3.8%)
  • Bus: 28 (1.8%)
  • Taxi: 25 (1.6%)
  • Bicycle: 6 (0.4%)
  • Walked: 75 (4.9%)
  • Worked at home: 728 (47.3%)
Class of Workers in 2022
  • Unemployment by race in 2022
  • Unemployment rate for White non-Hispanic residents
  • 3.6%Males
  • 2.3%Females
  • Unemployment rate for two or more race residents
  • 0.8%Females
Year of entry for the foreign-born population in Economy, Pennsylvania
  • Year of entry for the foreign-born population in Economy, Pennsylvania
  • 122010 or later
  • 182000 to 2009
  • 1061990 to 1999
  • 521980 to 1989
  • 301970 to 1979
  • 64Before 1970
Ancestries in Economy, PA

First ancestries reported:

  • German: 771 (24.6%)
  • Italian: 361 (11.5%)
  • Irish: 343 (10.9%)
  • English: 269 (8.6%)
  • American: 191 (6.1%)
  • Polish: 174 (5.5%)
  • Slovak: 129 (4.1%)
  • European: 73 (2.3%)
  • Ukrainian: 59 (1.9%)
  • French: 43 (1.4%)
  • Carpatho Rusyn: 40 (1.3%)
  • Eastern European: 38 (1.2%)
  • Slavic: 38 (1.2%)
  • Scottish: 37 (1.2%)
  • Greek: 32 (1.0%)
  • Welsh: 32 (1.0%)
  • Yugoslavian: 24 (0.8%)
  • Scotch-Irish: 23 (0.7%)
  • French Canadian: 19 (0.6%)
  • Lithuanian: 18 (0.6%)
  • Hungarian: 10 (0.3%)
  • Russian: 9 (0.3%)
  • Austrian: 7 (0.2%)
  • British: 6 (0.2%)
  • Norwegian: 6 (0.2%)
  • Serbian: 6 (0.2%)
  • Czechoslovakian: 4 (0.1%)
  • Scandinavian: 4 (0.1%)
  • Bahamian: 4 (0.1%)

Most common places of birth for foreign-born residents (%):

England
Economy:

48.8% (165)
Pennsylvania:

1.0% (9,205)

Colombia
Economy:

16.3% (55)
Pennsylvania:

1.5% (13,823)

France
Economy:

9.8% (33)
Pennsylvania:

0.5% (4,424)

Russia
Economy:

4.4% (15)
Pennsylvania:

1.6% (15,272)

El Salvador
Economy:

3.8% (13)
Pennsylvania:

0.8% (7,727)

Democratic Republic of Congo (Zaire)
Economy:

2.7% (9)
Pennsylvania:

0.1% (1,033)

Italy
Economy:

2.1% (7)
Pennsylvania:

1.8% (16,884)

Other Northern America
Economy:

2.1% (7)
Pennsylvania:

0.1% (549)

Other Western Africa
Economy:

1.8% (6)
Pennsylvania:

0.5% (5,099)

Place of birth for U.S.-born residents:

  • This state: 7,237
  • Other state: 1,394
  • Northeast: 316
  • Midwest: 459
  • South: 372
  • West: 223

95.5% of Economy residents lived in the same house 1 years ago.
   Out of people who lived in different houses, 24.7% lived in this county.
   Out of people who lived in different counties, 82.5% lived in Pennsylvania.


Economy:

95.5%
State average:

89.3%

Education attainment for males 25 years and older:

  • No schooling: 10
  • Nursery to 4th grade: 24
  • 5th and 6th grade: 0
  • 7th and 8th grade: 17
  • 9th grade: 19
  • 10th grade: 36
  • 11th grade: 7
  • 12th grade, no diploma: 0
  • High school graduate (or equivalency): 1,187
  • Less than 1 year of college: 187
  • Some college more than 1 year, no degree: 293
  • Associate degree: 507
  • Bachelor's degree: 938
  • Master's degree: 319
  • Professional school degree: 87
  • Doctorate degree: 50
Educational Attainment for Males

Education attainment for females 25 years and older:

  • No schooling: 10
  • Nursery to 4th grade: 0
  • 5th and 6th grade: 0
  • 7th and 8th grade: 20
  • 9th grade: 0
  • 10th grade: 35
  • 11th grade: 27
  • 12th grade, no diploma: 7
  • High school graduate (or equivalency): 1,158
  • Less than 1 year of college: 257
  • Some college more than 1 year, no degree: 270
  • Associate degree: 426
  • Bachelor's degree: 750
  • Master's degree: 425
  • Professional school degree: 83
  • Doctorate degree: 60
Educational Attainment for Females
Economy marital status for males
Economy marital status for females

Housing units in structures:

  • One, detached: 3,683
  • One, attached: 135
  • Mobile homes: 157

Median worth of mobile homes: $12,074

Housing units lacking complete plumbing facilities in 2022: 1.0%

House/condo owner moved in on average 20 years ago

Renter moved in on average 7 years ago

Year householders moved into residence in Economy
Houses and condos Apartments
Most commonly used house heating fuel in houses and condos in Economy, PA
  • 72.6%Utility gas
  • 15.3%Electricity
  • 7.5%Fuel oil, kerosene, etc.
  • 3.2%Bottled, tank, or LP gas
  • 1.2%Wood
  • 0.2%Other fuel
Most commonly used house heating fuel in apartments in Economy, PA
  • 53.6%Utility gas
  • 39.9%Electricity
  • 3.4%Fuel oil, kerosene, etc.
  • 3.0%Bottled, tank, or LP gas

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 110
Here:

17.7%
Pennsylvania:

15.7%

Students in private schools in grades 9 to 12 (high school): 9
Here:

2.5%
Pennsylvania:

13.4%

Students in private undergraduate colleges: 42
Here:

32.6%
Pennsylvania:

39.8%
School Enrollment by Level of School for Male Students
School Enrollment by Level of School for Female Students
Age and Sex of Sensory-Disabled Noninstitutionalized Residents
Age and Sex of Physically-Disabled Noninstitutionalized Residents
Age and Sex of Mentally-Disabled Noninstitutionalized Residents
Age and Sex of Self-Care Disabled Noninstitutionalized Residents
Age and Sex of Go-Outside-Home Disabled Noninstitutionalized Residents
Age and Sex of Noninstitutionalized Residents with Employment Disability