City profile · Pennsylvania · Census ACS 2023

Economy, PA

Population, income, housing, safety, climate and schools for Economy - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

9,042
Residents
$94,430
Median income
$244,700
Median home
$1,299
Median rent (state)

Economy - the verdict

Economy ranks in the 74th percentile for household income and the 54th percentile for safety nationally, out of every US city with at least 1,000 residents. Source: Census ACS + FBI UCR.

74th
percentile, household income
55th
percentile, home value
45th
percentile, median rent
54th
percentile, safety
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Economy, PA

Census ACS 2023 estimates count 9,042 residents in Economy, a small town within Pennsylvania. Median household income here is $94,430 per year, above the median for U.S. cities on this measure, with a poverty rate of 4.0%. Economy's housing stock carries a median value of $244,700, and the median resident age is 50.8 years. Educational attainment runs 38.2% of adults with a bachelor's degree or higher. Separately, 62.6% of working-age residents are in the labor force.

In 2024, 65 residential building permits were authorized in Economy (Building Boom), up 622% from five years earlier, per Census BPS data. Economy reports a comparatively low crime rate: the FBI's Uniform Crime Reporting program logs 1255.3 total incidents per 100,000 residents here, below the national average (agency reporting is voluntary, so this measures reporting activity, not a definitive danger score).

Pennsylvania tracks close to the national cost-of-living baseline: the state registers 97.6 on a 100-equals-national-average index (Near Average) per BEA Regional Price Parities 2024. HUD Fair Market Rent for a typical two-bedroom in this state is $1,299 per month. Statewide, average monthly utility bills in Pennsylvania run around $260, per EIA 2023 residential energy data. On FEMA's National Risk Index, this area rates 75.3 out of 100 for natural-hazard exposure (High).

Population

9,042 residents

Census ACS 2023 - Pennsylvania

Median Household Income

$94,430 /yr

Poverty 4.0%

Cost of Living Index (state)

97.6 (US=100)

Near Average - BEA RPP 2024, Pennsylvania average

How does Economy compare to other US cities?

Economy measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 74% higher than other cities
Home value 55% pricier than other cities
Median rent 45% pricier than other cities
Safety 54% safer than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

National percentiles can mask local variation. Looking only at Pennsylvania, Economy ranks #269 of 402 Pennsylvania cities by lowest crime rate - a narrower, more locally useful cut than the national comparison above.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Economy's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Pennsylvania, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

74thIncome percentile
54thSafety percentile

74th percentile nationally for median household income · 54th percentile for safety (lower crime rate). Source: Census ACS 2023 / FBI UCR 2023.

Economy's profile vs. every US city

Income, affordability, and safety percentile

Economy's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown. 3-axis radar comparing 1 series across Income, Affordability, Safety. IncomeAffordabilitySafety 59 Avg. percentile National median
Economy's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown.

How Economy's home value compares nationally

Median home value vs. every US city (population 1,000+)

$244,700 45th percentile more affordable than 45% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). This entry sits in this band. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Economy $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Economy, PA Economy, PA's reported median household income shown against the U.S. national quintile-share pattern (not Economy, PA-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Economy, PA median $94,430/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Economy, PA's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Economy, PA. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 38.2%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 4.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 62.6%

Census ACS S2301, share of working-age residents in the labor force

Population
9,042
Median Income
$94,430
Median Home Value
$244,700
Median Age
50.8
Poverty Rate
4.0%
Labor force participation
62.6%
Bachelor's Degree+
38.2%

Safety & Crime

Total Crime Rate
1255.3
per 100,000 residents
Violent Crime
22.4
per 100,000 residents
Property Crime
1232.9
per 100,000 residents

Reflects incidents reported to the FBI's Uniform Crime Reporting program — agency participation is voluntary and reporting completeness varies by jurisdiction and year, so this reflects reporting activity, not a definitive danger score. Not adjusted for tourism, commuter, or daytime population.

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
8,900 residents9,000 residents9,100 residents9,200 residents 202020212022202320242025 9,056 residents 9,098 residents ▲ +0.5%
Economy's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📈 Building Boom
Total Permits (2024)
65
housing units authorized
Single-Family
65
detached homes
Multifamily
0
apartments & condos
Supply Intensity
7.2
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 9
2020 15
2021 9
2022 7
2023 32
2024 65

Permit volume increased 622% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
77.2%
Carpool
5.0%
Public Transit
0.0%
Walk
1.2%
Work from Home
15.8%
Other
0.8%

Based on 4,812 workers 16 and over.

Monthly Utility Costs

State-average estimates for Pennsylvania - EIA 2023 residential energy data

Electricity
$120
avg/month
Natural Gas
$88
avg/month
Water & Sewer
$52
avg/month
Total Utilities
$260
estimated/month

Estimates reflect Pennsylvania state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Pennsylvania state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Economy sits in

Cost of Living Index
97.6
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,299/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
75.3 / 100
High
FEMA NRI composite score (county)

Similar Cities in Pennsylvania

Sanatoga
9,048 people
Harleysville
9,034 people
Audubon
9,014 people
Kulpsville
8,990 people
Fairless Hills
8,985 people
Aliquippa
9,146 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Economy's 9,042 residents (Census ACS 5-Year 2023).

Citrus Hills, FL
9,044 people
Newark, NY
9,040 people
Corona de Tucson, AZ
9,039 people
Lynwood, IL
9,047 people
Clinton, MO
9,047 people
Tiburon, CA
9,035 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Economy's $94,430 (Census ACS 5-Year 2023, table B19013).

Little Rock, OK
$94,423 median income
Essex Junction, VT
$94,423 median income
Tribes Hill, NY
$94,440 median income
Mountainaire, AZ
$94,457 median income
Prairie Creek, AR
$94,457 median income
Morada, CA
$94,464 median income

Race & Ethnicity Composition

Race and ethnicity - Economy, PA Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Economy, PA - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 94.1% ETHNICITY, Hispanic or Latino (any race) 0.7% White 94.1% Black or African American 1.2% Asian 0.1% American Indian 0.1% Native Hawaiian 0.0% Some other race 0.1% Two or more races 4.3% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Economy compares to nearby Pennsylvania cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Economy (this city) 9,042 $94,430
Sanatoga 9,048 $86,624
Harleysville 9,034 $111,530
Audubon 9,014 $107,785
Census ACS 5-year FIPS PA FBI UCR Census BPS 2024 OMB Bulletin 23-01

What do people ask about Economy, PA?

What is the population of Economy, PA? +

Economy, PA has a population of 9,042 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Economy, PA? +

Economy households earn a median of $94,430 annually, based on Census ACS 2023 data.

What is the cost of living in Economy? +

BEA does not publish a city-level cost-of-living figure for Economy; the closest available measure is the Pennsylvania state average, a cost of living index of 97.6 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Pennsylvania vary by metro area.

Is Economy, PA safe? +

Economy has a total crime rate of 1255.3 per 100,000 residents, which is below the national average. This reflects incidents reported to the FBI UCR program, not a definitive safety score -- agency reporting is voluntary and completeness varies by jurisdiction.

What is the median home value in Economy, PA? +

A typical home in Economy is worth $244,700, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, FBI UCR, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

Verify with HUD →

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.