Economy, PA
Population 9,042 · Pennsylvania
About Economy, PA
Economy is a small community in Pennsylvania with a population of 9,042 residents. The median household income is $94,430 per year, which is above the national average. The median age in Economy is 50.8 years.
Housing in Economy has a median home value of $244,700 and median monthly rent of $907. Of the 3,959 total housing units, the majority are owner-occupied, with 3,548 owner-occupied and 240 renter-occupied units.
The unemployment rate in Economy is 3.1% and the poverty rate is 4.3%. 38.2% of residents hold a bachelor's degree or higher. The average commute time is 28.9 minutes.
Cost of Living in Economy, PA
Compared to national averages, Economy has a median household income of $94,430 (26% above the national median of $75,149). Home values average $244,700, which is 0% below the national median. Monthly rent at $907 is 22% below the US average of $1,163. Within Pennsylvania, Economy's income is 29% above the state average of $73,376, and home values are 28% above the state median of $190,903.
Why Live in Economy, PA?
Economy offers a strong local economy with a median household income of $94,430, well above the national average, and affordable housing with a median home value of $244,700, below the US average of $244,900, and rent that’s lower than the national average at $907/month. Additionally, the city features a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 38.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.3%, better than the national average.
Economy has a population of 9,042 with a median age of 50.8 years. Compare Economy with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Economy
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sanatoga | 9,048 | $86,624 | $280,100 | Compare |
| Harleysville | 9,034 | $111,530 | $416,400 | Compare |
| Audubon | 9,014 | $107,785 | $441,800 | Compare |
| Kulpsville | 8,990 | $89,006 | $337,100 | Compare |
| Fairless Hills | 8,985 | $80,625 | $328,000 | Compare |
| Aliquippa | 9,146 | $51,050 | $96,800 | Compare |
| Northwest Harborcreek | 8,908 | $87,601 | $215,200 | Compare |
| Perkasie | 9,176 | $99,474 | $338,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Economy
What is the population of Economy, PA?
The population of Economy, PA is 9,042 according to the latest Census data.
What is the median household income in Economy?
The median household income in Economy, PA is $94,430 per year.
What is the median home value in Economy?
The median home value in Economy, PA is $244,700.
What is the average rent in Economy?
The median monthly rent in Economy, PA is $907.
What is the unemployment rate in Economy?
The unemployment rate in Economy, PA is 3.1%.