Economy, IN
Full City Profile · Indiana · Wayne County County
3.0
/5.0
B
Good
150
Population
1,667/sq mi density
$44,063
Median Income
$24,467 per capita
$50,000
Home Value
$270,313 Zillow
$708
Median Rent
17.5% income on rent
50°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$44,063 median income, 6.3% unemployment
A+
Affordability
5.0 / 5.0
$50,000 home value, $708/mo rent
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher
Economy experiences four distinct seasons with 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. The area receives 24.8 inches of snow annually.
Temperature
26°F Jan (-4°C)
72°F Jul (22°C)
| Annual Average | 49.8°F |
| 8% below US avg | |
| January Average | 26°F (-4°C) |
| July Average | 72°F (22°C) |
Geography
| Elevation | 1,154 ft (352 m) |
| Area | 0.1 sq mi (0.2 km²) |
| Population Density | 1,667/sq mi |
| Coordinates | 39.9773°N, 85.0868°W |
| Timezone | America/Indiana/Indianapolis |
| County | Wayne County County |
| Nearest Airport | Delaware County Regional (MIE) 25 miles away |
Precipitation & Snow
Air Quality
Natural Hazard Risk
| Overall Risk | Relatively Low |
| Risk Score | 74.1 / 100 |
| Social Vulnerability | 78.5 / 100 |
| Community Resilience | 69.9 / 100 |
Hazard Breakdown
| Tornado | Relatively High |
| Hurricane | Very Low |
| Earthquake | Relatively Low |
| Wildfire | Very Low |
| Flood | Relatively Moderate |
| Hail | Relatively Low |
| Strong Wind | Relatively High |
| Heat Wave | Relatively Low |
| Winter Weather | Relatively Low |
| Lightning | Relatively Moderate |
| Ice Storm | Relatively Low |
| Drought | Very Low |
| Cold Wave | Relatively Low |
| Landslide | Very Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Monthly Weather
| Month | Avg Temperature | Precipitation | Summary |
|---|---|---|---|
| January | 26°F (-4°C) | 3.2 in | Coldest |
| February | 29°F (-2°C) | 2.3 in | Driest |
| March | 38°F (3°C) | 3.4 in | |
| April | 49°F (10°C) | 4.3 in | |
| May | 60°F (16°C) | 4.6 in | |
| June | 69°F (20°C) | 4.8 in | Wettest |
| July | 72°F (22°C) | 4.3 in | Warmest |
| August | 70°F (21°C) | 3.3 in | |
| September | 63°F (17°C) | 3.1 in | |
| October | 52°F (11°C) | 3.2 in | |
| November | 41°F (5°C) | 3.3 in | |
| December | 31°F (-1°C) | 3.1 in |
Economy has a seasonal temperature swing of 46°F / from 26°F in January to 72°F in July. Total annual precipitation is 42.9 inches, with June being the wettest month (4.8") and February the driest (2.3").