15042 Zip Code Detailed Profile




Cities: Economy, PA (18.51%), Freedom, PA (4.32%)
County: Beaver County, PA
Estimated zip code population in 2013: 8,068
Zip code population in 2010: 8,105
Zip code population in 2000: 7,752

Houses and condos: 3,516
Renter-occupied apartments: 609
% of renters here:

18%
State:

31%
Mar. 2013 cost of living index in zip code 15042: 92.7 (less than average, U.S. average is 100)

Land area: 16.7 sq. mi.
Water area: 0.1 sq. mi.
Population density: 484 people per square mile 
 
 (low).

Age and Sex of Residents in zip code 15042
Zip code 15042 (Economy, Pennsylvania) real estate house value trends
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Real estate property taxes paid for housing units in 2013:
This zip code:

1.4% ($1,934)
Pennsylvania:

1.5% ($2,521)
Median real estate property taxes paid for housing units with mortgages in 2013: $2,081 (1.5%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $1,726 (1.4%)

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Males: 3,850  (47.7%)
Females: 4,218  (52.3%)

For population 25 years and over in 15042:

For population 15 years and over in 15042:

Zip code 15042 compared to state average:

  • Black race population percentage significantly below state average.
  • Hispanic race population percentage significantly below state average.
  • Median age above state average.
  • Foreign-born population percentage significantly below state average.
  • Renting percentage below state average.
  • Number of college students below state average.
  • Races in zip code 15042

  • Zip code 15042 races chart
    • 7,807White population
    • 95Black population
    • 3American Indian population
    • 47Asian population
    • 1Native Hawaiian and Other Pacific Islander population
    • 1Some other race population
    • 89Two or more races population
    • 62Hispanic or Latino population

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Urban population: 5,046
Rural population: 3,021

Estimated median house/condo value in 2013: $136,000
15042:

$136,000
Pennsylvania:

$164,200



According to our research of Pennsylvania and other state lists there were 7 registered sex offenders living in 15042 zip code as of August 03, 2015.
The ratio of number of residents in zip code 15042 to the number of sex offenders is 960 to 1.
The number of registered sex offenders compared to the number of residents in this zip code is near the state average.


Median resident age:
This zip code:

47.5 years
Pennsylvania median age:

40.6 years
Average household size:
This zip code:

2.4 people
Pennsylvania:

2.5 people

Averages for the 2012 tax year for zip code 15042, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $55,666 (Individual Income Tax Returns)
Here:

$55,666
State:

$61,346

Salary/wage: $47,845 (reported on 80.7% of returns)
Here:

$47,845
State:

$51,902
(% of AGI for various income ranges: 67.6% for AGIs below $25k, 72.7% for AGIs $25k-50k, 75.0% for AGIs $50k-75k, 71.4% for AGIs $75k-100k, 71.5% for AGIs $100k-200k, 47.4% for AGIs over 200k)

Taxable interest for individuals: $731 (reported on 40.2% of returns)
This zip code:

$731
Pennsylvania:

$1,588
(% of AGI for various income ranges: 1.5% for AGIs below $25k, 0.7% for AGIs $25k-50k, 0.4% for AGIs $50k-75k, 0.5% for AGIs $75k-100k, 0.4% for AGIs $100k-200k, 0.3% for AGIs over 200k)

Ordinary dividends: $2,795 (reported on 25.9% of returns)
Here:

$2,795
State:

$5,827
(% of AGI for various income ranges: 2.0% for AGIs below $25k, 1.2% for AGIs $25k-50k, 1.1% for AGIs $50k-75k, 1.5% for AGIs $75k-100k, 1.3% for AGIs $100k-200k, 1.2% for AGIs over 200k)

Net capital gain/loss in AGI: +$2,904 (reported on 16.6% of returns)
Here:

+$2,904
State:

+$14,495
(% of AGI for various income ranges: 0.3% for AGIs $50k-75k, 1.1% for AGIs $75k-100k, 1.5% for AGIs $100k-200k, 1.8% for AGIs over 200k)

Profit/loss from business: +$13,510 (reported on 11.4% of returns)
Here:

+$13,510
State:

+$16,268
(% of AGI for various income ranges: 3.7% for AGIs below $25k, 3.3% for AGIs $25k-50k, 1.2% for AGIs $50k-75k, 2.2% for AGIs $75k-100k, 2.2% for AGIs $100k-200k, 6.5% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $16,971 (reported on 15.9% of returns)
15042:

$16,971
Pennsylvania:

$14,550
(% of AGI for various income ranges: 4.8% for AGIs below $25k, 4.1% for AGIs $25k-50k, 3.3% for AGIs $50k-75k, 4.1% for AGIs $75k-100k, 4.8% for AGIs $100k-200k, 9.9% for AGIs over 200k)

Self-employment retirement plans: $15,700 (reported on 0.5% of returns)
15042:

$15,700
Pennsylvania:

$20,922

Total itemized deductions: $17,766 (18% of AGI, reported on 27.3% of returns)
Here:

$17,766
State:

$23,538

Here:

18.0% of AGI
State:

18.4% of AGI
(% of AGI for various income ranges: 6.0% for AGIs below $25k, 7.5% for AGIs $25k-50k, 7.0% for AGIs $50k-75k, 9.3% for AGIs $75k-100k, 10.3% for AGIs $100k-200k, 9.3% for AGIs over 200k)

Charity contributions: $3,155 (reported on 22.0% of returns)
Here:

$3,155
State:

$4,025
(% of AGI for various income ranges: 0.4% for AGIs below $25k, 0.9% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 1.1% for AGIs $75k-100k, 1.6% for AGIs $100k-200k, 2.2% for AGIs over 200k)

Taxes paid: $7,161 (reported on 26.8% of returns)
15042:

$7,161
State:

$9,982
(% of AGI for various income ranges: 1.3% for AGIs below $25k, 2.2% for AGIs $25k-50k, 2.5% for AGIs $50k-75k, 3.5% for AGIs $75k-100k, 4.7% for AGIs $100k-200k, 4.5% for AGIs over 200k)

Earned income credit: $1,963 (reported on 11.6% of returns)
Here:

$1,963
State:

$2,106
(% of AGI for various income ranges: 3.9% for AGIs below $25k, 0.8% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 15042, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $40,924 (Individual Income Tax Returns)
Here:

$40,924
State:

$48,049

Salary/wage: $38,629 (reported on 85.2% of returns)
Here:

$38,629
State:

$42,646
(% of AGI for various income ranges: 83.0% for AGIs below $10k, 69.9% for AGIs $10k-25k, 81.1% for AGIs $25k-50k, 84.2% for AGIs $50k-75k, 85.1% for AGIs $75k-100k, 75.3% for AGIs over 100k)

Taxable interest for individuals: $1,133 (reported on 51.0% of returns)
This zip code:

$1,133
Pennsylvania:

$1,657
(% of AGI for various income ranges: 4.8% for AGIs below $10k, 2.2% for AGIs $10k-25k, 1.4% for AGIs $25k-50k, 1.0% for AGIs $50k-75k, 1.2% for AGIs $75k-100k, 1.4% for AGIs over 100k)

Taxable dividends: $1,475 (reported on 26.0% of returns)
Here:

$1,475
State:

$3,566
(% of AGI for various income ranges: 2.7% for AGIs below $10k, 1.5% for AGIs $10k-25k, 0.9% for AGIs $25k-50k, 0.7% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 0.8% for AGIs over 100k)

Net capital gain/loss: +$1,494 (reported on 16.2% of returns)
Here:

+$1,494
State:

+$9,716
(% of AGI for various income ranges: -2.8% for AGIs below $10k, -0.5% for AGIs $10k-25k, -0.1% for AGIs $25k-50k, 0.5% for AGIs $50k-75k, 0.7% for AGIs $75k-100k, 2.1% for AGIs over 100k)

Profit/loss from business: +$9,265 (reported on 10.1% of returns)
Here:

+$9,265
State:

+$14,267
(% of AGI for various income ranges: 2.9% for AGIs below $10k, 3.5% for AGIs $10k-25k, 2.2% for AGIs $25k-50k, 1.6% for AGIs $50k-75k, 2.2% for AGIs $75k-100k, 2.6% for AGIs over 100k)

IRA payment deduction: $2,721 (reported on 3.2% of returns)
15042:

$2,721
Pennsylvania:

$2,903
(% of AGI for various income ranges: 0.3% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.2% for AGIs over 100k)

Self-employed pension: $5,000 (reported on 0.2% of returns)
Here:

$5,000
Pennsylvania:

$14,674

Total itemized deductions: $14,362 (19% of AGI, reported on 26.7% of returns)
Here:

$14,362
State:

$18,804

Here:

19.2% of AGI
State:

19.5% of AGI
(% of AGI for various income ranges: 6.0% for AGIs below $10k, 5.5% for AGIs $10k-25k, 8.0% for AGIs $25k-50k, 9.5% for AGIs $50k-75k, 11.0% for AGIs $75k-100k, 11.1% for AGIs over 100k)

Charity contributions deductions: $2,297 (3% of AGI, reported on 23.5% of returns)
Here:

$2,297
State:

$3,337

Here:

3.0% of AGI
State:

3.3% of AGI
(% of AGI for various income ranges: 0.3% for AGIs below $10k, 0.5% for AGIs $10k-25k, 0.8% for AGIs $25k-50k, 1.1% for AGIs $50k-75k, 1.8% for AGIs $75k-100k, 2.1% for AGIs over 100k)

Total tax: $5,229 (reported on 77.0% of returns)
15042:

$5,229
State:

$8,008
(% of AGI for various income ranges: 2.0% for AGIs below $10k, 4.2% for AGIs $10k-25k, 7.0% for AGIs $25k-50k, 8.9% for AGIs $50k-75k, 10.9% for AGIs $75k-100k, 16.4% for AGIs over 100k)

Earned income credit: $1,625 (reported on 10.7% of returns)
Here:

$1,625
State:

$1,643

Percentage of individuals using paid preparers for their 2004 taxes: 51.2%
Here:

51%
State:

56%
(% for various income ranges: 42.5% for AGIs below $10k, 53.6% for AGIs $10k-25k, 53.8% for AGIs $25k-50k, 50.2% for AGIs $50k-75k, 52.6% for AGIs $75k-100k, 60.8% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$53,697
Pennsylvania:

$52,007
Economy, PA (15042) map Nearest zip codes: 15027, 15074, 15005, 15066, 15003, 15086.
Percentage of family households:
This zip code:

50.1%
Pennsylvania:

47.1%
Percentage of households with unmarried partners:
This zip code:

4.0%
Pennsylvania:

6.1%
Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

Household received Food Stamps/SNAP in the past 12 months: 382
Household did not receive Food Stamps/SNAP in the past 12 months: 2,935


Women who had a birth in the past 12 months: 118 (78 now married, 40 unmarried)
Women who did not have a birth in the past 12 months: 1,428 (771 now married, 657 unmarried)


Housing units in zip code 15042 with a mortgage: 1,650 (32 second mortgage, 315 home equity loan)
Houses without a mortgage: 1,058

Median monthly owner costs for units with a mortgage: $1,281
Median monthly owner costs for units without a mortgage: S481

Residents with income below the poverty level in 2013:
This zip code:

13.6%
Whole state:

13.7%
Residents with income below 50% of the poverty level in 2013:
This zip code:

10.1%
Whole state:

7.5%
Median number of rooms in houses and condos:
Here:

6.4
State:

6.7
Median number of rooms in apartments:
Here:

4.8
State:

4.4
  • Notable locations in this zip code not listed on our city pages

  • Click to draw/clear zip code borders
  • Notable locations in zip code 15042: Park Quarries (A), Freedom Public Library (B), Pine Run Volunteer Fire Department (C), Freedom Volunteer Fire Department Station 27 (D), Economy Volunteer Fire Department 3 Station 69 (E). Display/hide their locations on the map

    Churches in zip code 15042 include: Rehoboth Church (A), Church of Mercy (B). Display/hide their locations on the map

    Cemeteries: Calvary Cemetery (1), Oak Grove Cemetery (2), Powell Cemetery (3). Display/hide their locations on the map

    Streams, rivers, and creeks: Snake Run (A), Pine Run (B), Dutchman Run (C). Display/hide their locations on the map

Year house built

  • 902010 or later
  • 4512000 to 2009
  • 4741990 to 1999
  • 2551980 to 1989
  • 6701970 to 1979
  • 3791960 to 1969
  • 3441950 to 1959
  • 1801940 to 1949
  • 6731939 or earlier

Zip code 15042 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Economy, PA (15042)

  • 0no bedroom
  • 81 bedroom
  • 6102 bedrooms
  • 1,6233 bedrooms
  • 4184 bedrooms
  • 495+ bedrooms

Bedrooms in renter-occupied apartments in Economy, PA (15042)

  • 8no bedroom
  • 691 bedroom
  • 2472 bedrooms
  • 1843 bedrooms
  • 514 bedrooms
  • 505+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Economy, PA (15042) in owner-occupied houses/condos

  • 81no vehicle
  • 6061 vehicle
  • 1,4222 vehicles
  • 3763 vehicles
  • 1454 vehicles
  • 785+ vehicles

Cars and other vehicles available in Economy, PA (15042) in renter-occupied apartments

  • 71no vehicle
  • 2241 vehicle
  • 2762 vehicles
  • 343 vehicles
  • 44 vehicles
  • 05+ vehicles

Median gross rent in 2013: $1,006.

Estimated median house (or condo) value in 2013 for:


Estimated median house or condo value in 2013: $136,000
15042:

$136,000
Pennsylvania:

$164,200
Lower value quartile - upper value quartile: $74,100 - $181,200

Mean price in 2013:

Detached houses: $143,411
Here:

$143,411
State:

$221,511

Townhouses or other attached units: $174,253
Here:

$174,253
State:

$157,348

In 3-to-4-unit structures: $191,744
Here:

$191,744
State:

$186,490

Mobile homes: $29,237
Here:

$29,237
State:

$45,445

Owners and renters by unit type in %

Breakdown of mean house values by ages of householders

Housing units in structures:


Unemployment: 6.5%

Percentage of zip code residents living and working in this county: 44.1%

Household type by relationship:

Households: 8,063

Size of family households: 1,392 2-persons, 495 3-persons, 303 4-persons, 117 5-persons, 49 6-persons, 62 7-or-more-persons

Size of nonfamily households: 820 1-person, 67 2-persons, 12 3-persons

1,316 married couples with children.
285 single-parent households (118 men, 167 women).

96.8% of residents of 15042 zip code speak English at home.
0.6% of residents speak Spanish at home (100% very well).
2.1% of residents speak other Indo-European language at home (56% very well, 44% well).
0.5% of residents speak Asian or Pacific Island language at home (83% very well, 17% not well).

Foreign born population: 185 (2.3%)
(73.5% of them are naturalized citizens)
This zip code:

2.3%
Whole state:

6.2%

Most common places of birth for the foreign-born residents

  • 23%India
  • 22%Italy
  • 16%Turkey
  • 6%Germany
  • 6%Thailand
  • 6%Cuba
  • 5%Guatemala

Most common first ancestries reported in 15042 (%)

  • 24%German
  • 15%Italian
  • 10%Polish
  • 8%Irish
  • 8%Other groups
  • 4%American
  • 3%English

Year of entry for the foreign-born population

  • 02010 or later
  • 852000 to 2009
  • 521990 to 1999
  • 133Before 1990

Zip code 15042 topographic map

Facilities with environmental interests located in this zip code:


Zip code 15042 marital status for males
Zip code 15042 marital status for females

Housing units lacking complete plumbing facilities: 2.6%
Housing units lacking complete kitchen facilities: 0.9%

Most commonly used house heating fuel

  • 59%Utility gas
  • 20%Electricity
  • 12%Fuel oil, kerosene, etc.
  • 6%Bottled, tank, or LP gas
  • 3%Wood

Population in 1990: 9,416. Population change in the 1990s: -1,664 (-17.7%).

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


74% of the 15042 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 59% lived in this county.
   Out of people who lived in different counties, 50% lived in Pennsylvania.

92% of the 15042 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 38% moved from this county.
   Out of people who lived in different houses, 51% moved from different county within same state.
   Out of people who lived in different houses, 11% moved from different state.

Year Householders Moved Into Unit

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 18
Here:

2.9%
Pennsylvania:

13.8%
Students in private schools in grades 9 to 12 (high school): 31
Here:

5.2%
Pennsylvania:

13.1%
Students in private undergraduate colleges: 83
Here:

39.0%
Pennsylvania:

35.7%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

Occupation by median earnings in the past 12 months ($)

  • 100,893Architecture and engineering occupations
  • 68,688Computer and mathematical occupations
  • 57,417Management occupations
  • 50,000Health diagnosing and treating practitioners and other technical occupations
  • 49,333Arts, design, entertainment, sports, and media occupations
  • 47,632Installation, maintenance, and repair occupations

Top industries in this zip code by the number of employees in 2005:


Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)

Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)

Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninstitutionalized)

People in group quarters in 2010:

  • 3 people in group homes intended for adults

People in group quarters in 2000:

  • 6 people in homes for the mentally retarded
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 6 partial tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
G) Loans On Manufactured
Home Dwelling (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED40$119,50458$135,790181$118,29438$58,2093$94,75710$60,717
APPLICATIONS APPROVED, NOT ACCEPTED1$70,2502$165,59525$107,3084$24,3530$00$0
APPLICATIONS DENIED3$93,16710$92,27891$122,14419$34,9631$116,3305$50,158
APPLICATIONS WITHDRAWN4$97,1583$115,21737$130,8581$18,8900$00$0
FILES CLOSED FOR INCOMPLETENESS0$01$11,33011$106,0760$00$01$11,330

Detailed HMDA statistics for the following Tracts: 6018.00 , 6035.00, 6038.01

Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 6 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
NumberAverage ValueNumberAverage Value
LOANS ORIGINATED15$141,1676$132,413
APPLICATIONS APPROVED, NOT ACCEPTED2$121,6202$48,975
APPLICATIONS DENIED1$183,5602$151,835
APPLICATIONS WITHDRAWN0$02$211,255
FILES CLOSED FOR INCOMPLETENESS0$00$0

Detailed PMIC statistics for the following Tracts: 6018.00 , 6035.00, 6038.01

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 15042 among deceased individuals
NameCountLived (average)
John8374.1 years
Mary5179.1 years
William4671.1 years
James3873.4 years
Robert3369.5 years
Charles3274.1 years
Joseph3278.8 years
George2770.1 years
Edward2673.5 years
Frank2577.7 years
Most common last names in zip code 15042 among deceased individuals
Last nameCountLived (average)
Smith1677.9 years
Golletti1376.3 years
Baker1276.1 years
Weil1076.7 years
Martin974.8 years
Ruckert976.0 years
Brown865.8 years
Robinson880.0 years
Whipple871.7 years
Thompson770.0 years

Businesses in zip code 15042



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