Economy, IN

Census Place

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US Senator
N/ATodd Young
Republican Party
US Senator
N/AJim Banks
Republican Party
2024 Median Age
43.8
6.21% 1-year decrease
2024 Median Property Value
$56,100
12.2% 1-year growth

About

None of the households in Economy, IN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Economy, IN are U.S. citizens.

In 2024, the median property value in Economy, IN was $56,100, and the homeownership rate was 89.1%.

Population & Diversity

Economy, IN is home to a population of N/A people, from which 100% are citizens. As of N/A, NaNN% of Economy, IN residents were born outside of the country (N/A people).

Citizenship

100%
2024 Citizenship
100%
2023 Citizenship

As of 2024, 100% of Economy, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Economy, IN was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Economy, IN compared to that of it's neighboring and parent geographies.

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Economy

Employment by Industry Sector

Data is only available at the state level. Showing data for N/A.
Y-Axis
N/A%
Year-over-year N/A
Employment change between N/A N/A and N/A N/A

As of N/A N/A, there are N/A people employed in N/A. This represents a N/A% N/A in employment when compared to N/A N/A.

Right after the beginning of the COVID-19 pandemic, during N/A, a general dip can be seen across industry sectors, resulting in an overall N/A in employment by N/A%.

The following chart shows monthly employment numbers for each industry sector in N/A.

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Civics

In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

Todd Young and Jim Banks are the senators currently representing the state of Indiana. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Indiana is currently represented by 9 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Indiana

N/ATodd Young
Senator from Indiana3
Assumed office on January 3, 2017
N/AJim Banks
Senator from Indiana1
Assumed office on January 3, 2025

Todd Young and Jim Banks are the senators currently representing Indiana.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Indiana over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Economy, IN was $56,100 in 2024, which is 0.169 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $50,000 to $56,100, a 12.2% increase. The homeownership rate in Economy, IN is 89.1%, which is higher than the national average of 65.2%.

Property

$56,100
Median Property Value 2024
±$20,116
$49
Median Property Taxes
±$38

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Economy, IN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Economy, IN compared to it's parent and neighbor geographies.

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Rent vs Own

89.1%
Homeownership
2024
60.5%
Homeowners with Mortgage
2024

In 2024, 89.1% of the housing units in Economy, IN were occupied by their owner. This percentage declined from the previous year's rate of 91.5%.

This chart shows the percentage of owner in Economy, IN compared it's parent and neighboring geographies.

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Car Ownership

3 cars
Average Number

The following chart displays the households in Economy, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Economy, IN have 3 cars.

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