Economy Flag

Economy

County:
Wayne County
County Seat:
No
Area (mi²):
0.09
State:
Indiana

Economy is a town located in Wayne County, Indiana. Economy has a 2025 population of 147 . Economy is currently declining at a rate of 0% annually and its population has increased by 1.38% since the most recent census, which recorded a population of 145 in 2020.

The average household income in Economy is $56,127 with a poverty rate of 20%. The median age in Economy is 46.7 years: 44.7 years for males, and 48.6 years for females. For every 100 females there are 102.7 males.

147
Total Population
1,639
Density (mi²)

Economy Population

Economy Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Economy includes 96.67% White, and smaller percentages for and multiracial populations.

Population by Race

White (96.67%)

Two or more races (3.33%)

Race
Population
Percentage (of total)
White14596.67%
Two or more races53.33%

Economy Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Economy's average per capita income is $40,000. Household income levels show a median of $44,063. The poverty rate stands at 20%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median
Mean
Married Families$56,250-
Non Families$51,250$54,077
Households$44,063$56,127
Families$39,643$46,359

$40,000

Average Income

$44,063

Median Household Income

20%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)