At a Glance
Median Income
$44,063
$24,467 per capita
Home Value
$50,000
Zillow: $270,313
Median Rent
$708/mo
17.5% of income on rent
Bachelor's Degree+
10.4%
92.2% high school+
Unemployment
6.3%
28.3% poverty rate
Obesity Rate
36.0%
19.1% smoking rate
How Economy Compares to the U.S. Average
Each bar shows Economy's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Economy a Good Place to Live?
B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Economy residents earn a median household income of $44,063 , which is 41% below the national average of $75,149.
Per capita income is $24,467. The unemployment rate stands at 6.3% (75% above the U.S. rate of 3.6%). 28.3% of residents live below the poverty line. The area is home to 1,496 business establishments, including 143 restaurants.
Housing & Cost of Living
The median home value in Economy is $50,000 , 82% below the national median of $281,900.
Zillow estimates the typical home at $270,313. Median rent is $708/month, with 17.5% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1938.
Education
10.4% of adults in Economy hold a bachelor's degree or higher
(69% below the national average).
92.2% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Economy has an average annual temperature of 50°F (10°C).
Winters average 26°F in January while summers reach 72°F in July. Annual precipitation totals 42.9 inches.
Data Overview
People
Population150
Median Age46.7 yrs
Density1,667/mi²
Male / Female51% / 49%
Foreign Born0.0%
Veterans18.8%
Economy
C
Median Income$44,063
Per Capita$24,467
Unemployment6.3%
Poverty28.3%
County GDP$3,815M
Avg Weekly Wage$982
Housing
A+
Home Value$50,000
Rent$708
Ownership91.5%
Zillow$270,313
Housing Units73
Rent Burden17.5%
Health
Obesity36.0%
Diabetes10.7%
Smoking19.1%
Heart Disease6.2%
Premature Death12,656/100K
Climate
Avg Temp50°F
Rain42.9 in/yr
Elevation1,154 ft
Education
D
Bachelor's+10.4%
High School+92.2%
Graduate+4.6%
School Score5.6/10
Community
2024 VoteR 65% / D 33%
Commute33 min
Broadband96.6%
Internet Speed84 Mbps
EV Stations1
Libraries5
Did You Know?
The median home in Economy was built in 1938.
The nearest airport is Delaware County Regional (25 miles).
The Gini coefficient (income inequality) is 0.448 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
30.0% of the population has a disability.
There are 143 restaurants in the area.
The county recorded 8 fatal vehicle crashes.