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Economy, PA

Full City Profile · Pennsylvania · Beaver County County

3.7 /5.0
B+ Good
9,042 Population 506/sq mi density
$94,430 Median Income $52,016 per capita
$244,700 Home Value $271,646 Zillow
$907 Median Rent 23.0% income on rent
52°F Avg Temperature 275 sunny days/yr
54 Violent Crime/100K 998 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$94,430 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$244,700 home value, $907/mo rent
F
Safety
1.0 / 5.0
54 violent crimes/100K
A
Education
4.1 / 5.0
38.2% bachelor's degree or higher

Housing Overview

Median Home Value
$244,700
13% below
US avg: $281,900
Median Rent
$907/mo
22% below
US avg: $1,163/mo
Homeownership Rate
93.7%
43% above US avg (65.4%)
Total Housing Units
3,968
Median year built: 1973

Home Value by Source

Census Median
$244,700
Zillow (ZHVI)
$271,646
Median Sale Price
$327,000
Median List Price
$439,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

93.7%
Owner-Occupied
6.3%
Renter-Occupied
94%
6%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent: $907/mo

Market Indicators (Redfin)

Median Days on Market
134 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
21.1%
of listings with price reduction
Price Per Sq Ft
$178
Active Inventory
19
homes for sale

Affordability & Housing Stock

Rent Burden
23.0%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
93.7%

Complete Housing Data

Home Values

Census Median Value$244,700
Zillow Home Value (ZHVI)$271,646
Median Sale Price$327,000
Median List Price$439,900
Price Per Sq Ft$178

Rent

Census Median Rent$907
FMR Studio$900
FMR 1-Bedroom$996
FMR 2-Bedroom$1,225
FMR 3-Bedroom$1,570
FMR 4-Bedroom$1,744

Market

Days on Market134
Sale-to-List Ratio1.0%
Price Drops21.1%
Homes Sold7
Active Inventory19
Price Per Sq Ft$178

Ownership & Stock

Owner-Occupied93.7%
Renter-Occupied6.3%
Homeownership Rate93.7%
Total Housing Units3,968
Median Year Built1973
Rent Burden23.0%