At a Glance
Median Income
$94,430
$52,016 per capita
Home Value
$244,700
Zillow: $271,646
Median Rent
$907/mo
23.0% of income on rent
Violent Crime
54/100K
998/100K property
Bachelor's Degree+
38.2%
98.3% high school+
Unemployment
2.0%
4.0% poverty rate
Obesity Rate
31.9%
21.8% smoking rate
Avg Temperature
52°F
275 sunny days/yr
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+
3.7 / 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 $94,430 , which is 26% above the national average of $75,149.
Per capita income is $52,016. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 3,586 business establishments, including 311 restaurants.
Housing & Cost of Living
The median home value in Economy is $244,700 , 13% below the national median of $281,900.
Zillow estimates the typical home at $271,646. Median rent is $907/month, with 23.0% of renters spending more than 30% of income on housing. The cost of living index is 97.6 (100 = national average). The median home was built in 1973.
Safety & Crime
Economy reports 54 violent crimes per 100,000 residents
, which is 86% below the national average of 380/100K.
Property crime is 998/100K. The murder rate is 0.0/100K.
Education
38.2% of adults in Economy hold a bachelor's degree or higher
(13% above the national average).
98.3% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Economy has an average annual temperature of 52°F (11°C).
Winters average 28°F in January while summers reach 74°F in July. The area gets 275 sunny days per year. Annual precipitation totals 38.6 inches. Air quality is rated Good with a median AQI of 40.
Data Overview
People
Population9,042
Median Age50.8 yrs
Density506/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans8.3%
Economy
A+
Median Income$94,430
Per Capita$52,016
Unemployment2.0%
Poverty4.0%
County GDP$8,033M
Avg Weekly Wage$1,131
Housing
A+
Home Value$244,700
Rent$907
Ownership93.7%
Zillow$271,646
Housing Units3,968
Rent Burden23.0%
Crime
F
Violent54/100K
Property998/100K
Murder0.0/100K
Assault0/100K
Burglary97/100K
Health
Obesity31.9%
Diabetes10.3%
Smoking21.8%
Heart Disease6.1%
Premature Death9,406/100K
Climate
Avg Temp52°F
Sunny Days275/yr
Rain38.6 in/yr
AQI40 (Good)
Elevation922 ft
Education
A
Bachelor's+38.2%
High School+98.3%
Graduate+13.5%
School Score6.0/10
Community
2024 VoteR 60% / D 39%
Commute29 min
Broadband90.4%
Internet Speed169 Mbps
EV Stations2
Libraries11
Did You Know?
Economy was founded in 1827.
The median home in Economy was built in 1973.
15.8% work from home.
The nearest airport is Pittsburgh International (11 miles).
The Gini coefficient (income inequality) is 0.436 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 169 Mbps.
There are 311 restaurants in the area.
The county recorded 13 fatal vehicle crashes.
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