Economy, PA

Census Place

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2024 Population
9,005
US Senator
John Fetterman
Democratic Party
US Senator
Dave McCormick
Republican Party
2024 Median Age
50.7
0.197% 1-year decrease
2024 Poverty Rate
6.51%
50.9% 1-year increase
2024 Median Household Income
$95,313
0.935% 1-year growth
2024 Median Property Value
$250,800
2.49% 1-year growth
2024 Employed Population
4,575
5.75% 1-year decline

About

None of the households in Economy, PA 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.

99.8% of the residents in Economy, PA are U.S. citizens.

In 2024, the median property value in Economy, PA was $250,800, and the homeownership rate was 94.4%.

Most people in Economy, PA drove alone to work, and the average commute time was 29.2 minutes. The average car ownership in Economy, PA was 2 cars per household.

United StatesPennsylvaniaBeaver County, PAPittsburgh, PABeaver County (South) PUMA, PAButler County PUMA, PAAllegheny County (North)--Franklin Park Borough & Allison Park PUMA, PA

Population & Diversity

Economy, PA is home to a population of 9.01k people, from which 99.8% are citizens. As of 2024, 2.14% of Economy, PA residents were born outside of the country (193 people).

In 2024, there were 43.6 times more White (Non-Hispanic) residents (8.5k people) in Economy, PA than any other race or ethnicity. There were 195 Two Races Including Other (Non-Hispanic) and 166 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.8%
2024 Citizenship
99.7%
2023 Citizenship

As of 2024, 99.8% of Economy, PA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Economy, PA was 99.7%, meaning that the rate of citizenship has been increasing.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Economy, PA
  1. White (Non-Hispanic)
    8.5k ± 248
  2. Two Races Including Other (Non-Hispanic)
    195 ± 190
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    166 ± 95
0.4%
Hispanic Population
36 people

In 2024, there were 43.6 times more White (Non-Hispanic) residents (8.5k people) in Economy, PA than any other race or ethnicity. There were 195 Two Races Including Other (Non-Hispanic) and 166 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

0.4% of the people in Economy, PA are hispanic (36 people).

The following chart shows the 8 races represented in Economy, PA as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Pennsylvania.
Most Common Origin
  1. India
    99,504 ± 7,715 people
  2. Dominican Republic
    93,569 ± 7,483 people
  3. China
    70,789 ± 6,514 people

In 2023, the most common birthplace for the foreign-born residents of Pennsylvania was India, the natal country of 99,504 Pennsylvania residents, followed by Dominican Republic with 93,569 and China with 70,789.

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Foreign-Born Population

2.14%
2024 Foreign-Born Population
193 people
2.82%
2023 Foreign-Born Population
255 people

As of 2024, 2.14% of Economy, PA residents (193 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Economy, PA was 2.82%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Economy, PA compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    281 ± 105
  2. Gulf War (2001-)
    124 ± 68
  3. Korea
    58 ± 76

Economy, PA has a large population of military personnel who served in Vietnam, 2.27 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Economy, PA.

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Economy

The economy of Economy, PA employs 4.58k people. In 2024, the largest industries in Economy, PA were Health Care & Social Assistance (841 people), Manufacturing (536 people), and Professional, Scientific, & Technical Services (457 people), and the highest paying industries were Information ($117,109), Professional, Scientific, & Technical Services ($108,750), and Public Administration ($95,667).

Employment

Occupations

4.58k
2024 Value
± 401
−5.75%
1 Year decline
± 12.8%

From 2023 to 2024, employment in Economy, PA declined at a rate of −5.75%, from 4.85k employees to 4.58k employees.

The most common job groups, by number of people living in Economy, PA, are Office & Administrative Support Occupations (586 people), Management Occupations (557 people), and Business & Financial Operations Occupations (395 people). This chart illustrates the share breakdown of the primary jobs held by residents of Economy, PA.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Pennsylvania.

This chart shows weekly unemployment insurance claims in Pennsylvania (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

4.58k
2024 Value
± 401
−5.75%
1 Year decline
± 12.8%

From 2023 to 2024, employment in Economy, PA declined at a rate of −5.75%, from 4.85k employees to 4.58k employees.

The most common employment sectors for those who live in Economy, PA, are Health Care & Social Assistance (841 people), Manufacturing (536 people), and Professional, Scientific, & Technical Services (457 people). This chart shows the share breakdown of the primary industries for residents of Economy, PA, though some of these residents may live in Economy, PA and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$64,232
Median earning men ± $5,693
$53,841
Median earning women ± $3,957

The industries with the best median earnings for men in 2024 are Public Administration ($103,750), Professional, Scientific, & Management, & Administrative & Waste Management Services ($94,722), and Wholesale Trade ($86,576).

The industries with the best median earnings for women in 2024 are Manufacturing ($74,750), Professional, Scientific, & Management, & Administrative & Waste Management Services ($66,200), and Educational Services, & Health Care & Social Assistance ($59,388).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Pennsylvania.
Y-Axis
2.78%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 6.03M people employed in Pennsylvania. This represents a 2.78% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 18.1%.

The following chart shows monthly employment numbers for each industry sector in Pennsylvania.

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Civics

In the 2024 presidential election, the popular vote in Pennsylvania went to Donald J. Trump with 50.4% of the vote. The runner-up was Kamala Harris (48.7%), followed by Jill Stein (0.491%).

John Fetterman and Dave McCormick are the senators currently representing the state of Pennsylvania. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Pennsylvania is currently represented by 17 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Economy, PA. Showing the available data for Pennsylvania.
2024 Election Results
  1. Donald J. Trump (50.4%)
    Republican Party
  2. Kamala Harris (48.7%)
    Democratic Party
  3. Jill Stein (0.491%)
    Green Party

In the 2024 presidential election, the popular vote in Pennsylvania went to Donald J. Trump with 50.4% of the vote. The runner-up was Kamala Harris (48.7%), followed by Jill Stein (0.491%).

The following chart shows the popular vote results in Pennsylvania for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Pennsylvania

Senatorial voting results are only available at the state level. Showing data for Pennsylvania.
John Fetterman
Senator from Pennsylvania3
Assumed office on January 3, 2023
Dave McCormick
Senator from Pennsylvania1
Assumed office on January 3, 2025

John Fetterman and Dave McCormick are the senators currently representing Pennsylvania.

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 Pennsylvania over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Economy, PA was $250,800 in 2024, which is 0.754 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $244,700 to $250,800, a 2.49% increase. The homeownership rate in Economy, PA is 94.4%, which is higher than the national average of 65.2%.

People in Economy, PA have an average commute time of 29.2 minutes, and they drove alone to work. Car ownership in Economy, PA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$250,800
Median Property Value 2024
±$11,715
$3,577
Median Property Taxes
±$316

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, PA the largest share of households pay taxes in the $3k+ range.

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

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Rent vs Own

94.4%
Homeownership
2024
59.5%
Homeowners with Mortgage
2024

In 2024, 94.4% of the housing units in Economy, PA were occupied by their owner. This percentage grew from the previous year's rate of 93.7%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$95,313
Median Household Income
± $14,828
3.79k
Number of Households
± 375

In 2024, the median household income of the 3.79k households in Economy, PA grew to $95,313 from the previous year's value of $94,430.

The following chart displays the households in Economy, PA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Economy, PA is from Pennsylvania.
0.463
2023 Wage GINI in Pennsylvania
0.466
2022 Wage GINI in Pennsylvania

In 2023, the income inequality in Pennsylvania was 0.463 according to the GINI calculation of the wage distribution. Income inequality had a 0.564% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Pennsylvania was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Pennsylvania in comparison to the national average.

This chart shows the number of workers in Pennsylvania across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (73.7%)
  2. Worked At Home (18.6%)
  3. Carpooled (5.77%)

In 2024, 73.7% of workers in Economy, PA drove alone to work, followed by those who worked at home (18.6%) and those who carpooled to work (5.77%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

29.2 minutes
Average Travel Time

Using averages, employees in Economy, PA have a longer commute time (29.2 minutes) than the normal US worker (26.4 minutes). Additionally, 1.89% of the workforce in Economy, PA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Economy, PA compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Economy, PA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Economy, PA have 2 cars.

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Poverty

Poverty & Diversity

6.51% of the population for whom poverty status is determined in Economy, PA (586 out of 9k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males < 5, followed by Females < 5 and then Males 35 - 44.

The most common racial or ethnic group living below the poverty line in Economy, PA is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

96% of the population of Economy, PA has health coverage, with 52.5% on employee plans, 6.13% on Medicaid, 24.2% on Medicare, 12.7% on non-group plans, and 0.433% on military or VA plans.

Primary care physicians in Pennsylvania see 1,265 patients per year on average, which represents a 0% change from the previous year (1,265 patients). Compare this to dentists who see 1400 patients per year, and mental health providers who see 345 patients per year.

By gender, of the total number of insured persons, 50.1% were men and 49.9% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 16.7% under 18 years, 15.3% between 18 and 34 years, 39.9% between 35 and 64 years, and 28.1% over 64 years.

By gender, of the total number of insured persons, 50.1% were men and 49.9% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

4.02%
Uninsured
52.5%
Employer Coverage
6.13%
Medicaid
24.2%
Medicare
12.7%
Non-Group
0.433%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Economy, PA grew by 35.1% from 2.98% to 4.02%.

The following chart shows how the percent of uninsured individuals in Economy, PA changed over time compared with the percent of individuals enrolled in various types of health insurance.

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