Economy Flag

Economy

County Seat:
No
Area (mi²):
17.871
State:
Pennsylvania

Economy is a borough located in Allegheny County, Pennsylvania. Economy has a 2025 population of 8,880. Economy is currently declining at a rate of -0.46% annually and its population has decreased by -2.25% since the most recent census, which recorded a population of 9,084 in 2020.

The average household income in Economy is $123,817 with a poverty rate of 4.32%.The median age in Economy is 50.8 years: 50.7 years for males, and 50.9 years for females.

8.9K
Total Population
497
Density (mi²)
-41 -0.46%
Growth

Economy Population

Economy Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Economy includes 94.13% White, and smaller percentages for Black or African American, Native American, other race, Asian and multiracial populations.

Population by Race

Race
Population
Percentage (of total)
White8,51194.13%
Two or more races3924.34%
Black or African American1121.24%
Native American130.14%
Other race80.09%
Asian60.07%

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 $59,163. Household income levels show a median of $94,430. The poverty rate stands at 4.32%.

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$121,935-
Families$112,148$142,467
Households$94,430$123,817
Non Families$59,301$70,521

$59,163

Average Income

$94,430

Median Household Income

4.32%

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)