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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 8,962 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: 15.81% 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 is lower than average for the country.

It is a fairly quiet borough because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Economy has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Economy has few renters and college students. But the biggest reason it is quieter in Economy than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Economy may be for you.

In Economy, however, the average commute to work is quite long. On average, people spend 30.34 minutes each day getting to work, which is significantly higher than the national average.

As is often the case in a small borough, Economy doesn't have a public transportation system that people use for their commute.

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: 38.17% of adults in Economy have a bachelor's degree or even advanced degree.

The per capita income in Economy in 2022 was $52,016, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $208,064 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.