Economy borough, PA Profile: Facts, Map & Data


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Economy borough, Pennsylvania - Basic Facts

The Borough of Economy had a population of 9,288 as of July 1, 2017. Economy borough ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Pennsylvania. See peer rankings below.

The primary coordinate point for Economy borough is located at latitude 40.6451 and longitude -80.1866 in Beaver County. The formal boundaries for the Borough of Economy (see map below) encompass a land area of 17.88 sq. miles and a water area of 0.05 sq. miles.

The Borough of Economy (GNIS ID: 1214871) 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.

Beneath the boundary map are tables with Economy borough population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.

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Borough of Economy, PA Boundary Map

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Economy borough, PA Data & Demographics (As of July 1, 2017)


Total Population 9,288
Daytime Population: Workers 1,105
Daytime Population: Residents 4,217
Total Daytime Population (TDP) 5,322
Ratio TDP/Total Population1 0.57
Population in Households 9,288
Population in Familes 8,146
Population in Group Qrtrs 0
Population Density2 519
Diversity Index3 6


Median Household Income $77,602
Average Household Income $91,513
Per Capita Income $37,116


Total Housing Units 3,939 (100%)
Owner Occupied HU 3,509 (89.1%)
Renter Occupied HU 258 ( 6.5%)
Vacant Housing Units 172 ( 4.4%)
Median Home Value $175,322
Average Home Value $193,673


Total Households 3,767
Average Household Size 2.47
Family Households 2,910
Average Family Size 3
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.


2010-2017 2017-2022
Population 0.48% 0.1%
Households 0.54% 0.13%
Families 0.49% 0.1%
Median Household Income   1.43%
Per Capita Income   2.18%

Economy borough, PA - Peer Comparisons by Rank and Percentile

The table below compares Economy borough to the other 1,762 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2017 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 # 104 94th
Population Density # 1384 22nd
Diversity Index # 1340 24th
Median Household Income # 158 91st
Per Capita Income # 176 90th

Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.

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