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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.

Economy, PA
Real Estate & Demographic Data






Economy profile


Living in Economy



Economy is a somewhat small borough located in the state of Pennsylvania. With a population of 8,973 people and three associated neighborhoods, Economy is the 133rd largest community in Pennsylvania.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.03% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Economy is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Economy’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

One downside of living in Economy is that it can take a long time to commute to work. In Economy, the average commute to work is 30.41 minutes, which is quite a bit higher than the national average.

The population of Economy is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 36.07% of adults in Economy have a bachelor's degree or even advanced degree.

The per capita income in Economy in 2018 was $48,979, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $195,916 for a family of four.

The people who call Economy home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Economy residents report their race to be White, followed by Black or African-American. Important ancestries of people in Economy include German, Irish, Italian, English, and Polish.

The most common language spoken in Economy is English. Other important languages spoken here include Polish and French.