Pennsylvania Gazetteer
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The Borough of Economy had a population of 9,005 as of 2020-2024 American Community Survey 5-Year Estimates.
The primary coordinate point for Economy borough is located at latitude 40.6411 and longitude -80.1841 in Beaver County. The formal boundaries for the Borough of Economy encompass a land area of 17.88 sq. miles and a water area of 0.05 sq. miles.
The Borough of Economy has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Source: 2020-2024 American Community Survey 5-Year Estimates
POPULATION | |
|---|---|
| Total Population | 9,005 (100%) |
| Population Density | 504 per sq mi |
| Diversity Index1 | 11 |
INCOME | |
| Median Household Income | $95,313 |
| Per Capita Income | $49,651 |
| Median Home Value | $250,800 |
HOUSING | |
|---|---|
| Total HU (Housing Units) | 3,939 (100%) |
| Owner Occupied HU | 3,577 (90.8%) |
| Renter Occupied HU | 213 (5.4%) |
| Vacant Housing Units | 149 (3.8%) |
HOUSEHOLDS | |
| Total Households | 3,790 |
| Average Household Size | 2.38 |
| Family Households | 2,770 (73.1%) |
The table below compares Economy borough to the other 2,002 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using 2020-2024 American Community Survey 5-Year Estimates data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
| Variable Description | Rank | Percentile |
|---|---|---|
| Total Population | # 112 | 94th |
| Population Density | # 1485 | 26th |
| Median Household Income | # 373 | 81st |
| Per Capita Income | # 286 | 86th |
| Diversity Index | # 1299 | 35th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.
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