Housing data for Economy, PA
Economy, PA has an estimated 9,005 residents and 3,939 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a borough in Beaver County.
5.6% of households rent.
The median gross rent is $1,009 a month.
Its population shrank measurably since 2015–2019 (−1.9%).
Figures last updated on .
- Residents
- 9,005 (±19)
- Housing units
- 3,939 (±178)
- Households that rent
- 5.6%
- Median gross rent
- $1,009
- Residents since 2015–2019
- −1.9%
What stands out in Economy
Households that rent: 5.6% (±2.0 points) in Economy, lower than in Beaver County (25.0%).
Homes in buildings of 5 or more units: 0.0% (±1.4 points) in Economy, lower than in Beaver County (8.0%).
Median real estate taxes: $3,766 (±$282) in Economy, higher than in Beaver County ($2,704).
Median household income: $95,313 (±$14,828) in Economy, higher than in Beaver County ($71,089).
- Renters and owners in Economy
- Types of homes in Economy
- Property taxes in Economy
- Income and affordability in Economy
Housing in Economy at a glance
- Median rent: $1,009 median gross rent a month
- Rent by bedrooms: $583 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 45.6% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 5.6% of households rent
- Income and affordability: $95,313 median household income
- Home values: $250,800 median home value
- Homeowner costs: $1,713 median monthly cost with a mortgage
- Property taxes: $3,766 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 80.9% of homes have 3 or more bedrooms
- Age of homes: 70.5% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 73.6% heat with utility gas
- Commute and cars: 29.2 minutes average trip to work
- Crime reported to police: 33 violent crimes per 100,000 residents
- Growth: −1.9% residents since 2015–2019
- How long people stay: 9.2% moved in since 2020
- Crowding and facilities: 0.4% of homes have more than 1 person per room
- Fair Market Rent: $1,010 Small Area FMR, 2 bedrooms (ZIP 15005)
Economy against Beaver County, its state and the nation
| Economy | Beaver County | Pennsylvania | United States | |
|---|---|---|---|---|
| Residents | 9,005 (±19) | 166,324 (exact) | 13,018,639 (exact) | 334,922,499 |
| Housing units | 3,939 (±178) | 79,328 (±141) | 5,806,452 (±672) | 143,775,355 |
| Households that rent | 5.6% (±2.0 points) | 25.0% (±1.1 points) | 30.7% (±0.2 points) | 34.8% |
| Median gross rent | $1,009 (±$181) | $890 (±$30) | $1,209 (±$5) | $1,413 |
| Median household income | $95,313 (±$14,828) | $71,089 (±$1,561) | $77,971 (±$342) | $80,734 |
| Median home value | $250,800 (±$11,715) | $190,900 (±$4,239) | $254,500 (±$767) | $332,700 |
| Median real estate taxes (a year) | $3,766 (±$282) | $2,704 (±$65) | $3,311 (±$12) | $3,119 |
| Built before 1980 | 70.5% (±6.9 points) | 77.7% (±2.0 points) | 67.3% (±0.2 points) | 49.7% |
| Average commute | 29.2 minutes (±2.6) | 25.5 minutes (±0.7) | 26.3 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 92.2% (±3.2 points) | 89.0% (±0.8 points) | 89.7% (±0.1 points) | 91.0% |
| Median age of residents | 50.7 years (±2.0) | 44.7 years (±0.1) | 40.9 years (±0.2) | 38.9 years |
Economy covers 17.9 square miles of land, about 504 residents per square mile (Census Bureau Gazetteer).
How Economy has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 9,182 (±17) | 9,005 (±19) | −1.9% | Measurable decrease |
| Housing units | 4,039 (±123) | 3,939 (±178) | −2.5% | Not a measurable change |
| Median gross rent | $700 (±$122) | $1,009 (±$181) | +44.1% | No measurable change after inflation |
| Median home value | $183,100 (±$9,942) | $250,800 (±$11,715) | +37.0% | Up after inflation |
| Median household income | $81,938 (±$5,871) | $95,313 (±$14,828) | +16.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,556 (±$71) | $1,713 (±$91) | +10.1% | Down after inflation |
| Median real estate taxes | $3,144 (±$175) | $3,766 (±$282) | +19.8% | No measurable change after inflation |
| Households that rent | 5.1% (±1.8 points) | 5.6% (±2.0 points) | +0.5 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±11.6 points) | 0.0% (±14.1 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Economy
In 2025, the Economy Police Department reported 33 violent and 647 property crimes per 100,000 residents to the FBI.
Across Beaver County, the departments that report recorded 176 violent and 794 property crimes per 100,000 residents that year.
ZIP codes in Economy
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 15005 | 56% | 9,570 | $660 | $216,500 | $73,354 |
| 15003 | 30% | 11,387 | $950 | $134,500 | $59,550 |
| 15042 | 19% | 7,733 | $1,583 | $231,700 | $75,742 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Economy
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Baden | 1.9 mi | $646 | $150,400 | 25.7% |
| Harmony Township (Beaver County) | 2.7 mi | $1,041 | $153,400 | 9.6% |
| Conway | 3.2 mi | $894 | $178,600 | 31.3% |
| Bell Acres | 3.8 mi | $1,098 | $437,500 | 5.5% |
| Ambridge Heights | 3.8 mi | $882 | $161,600 | 10.9% |
| Marshall Township | 4.0 mi | $2,253 | $509,900 | 13.9% |
| Pine Run | 4.1 mi | $1,657 | $210,000 | 19.8% |
| Aliquippa | 4.1 mi | $821 | $98,400 | 42.5% |
Places in Pennsylvania most like Economy
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| North Huntingdon Township | $1,062 | $232,400 | $101,200 | 9.9% |
| Fawn Township (Allegheny County) | $982 | $221,200 | $87,674 | 9.8% |
| North Bethlehem Township | $1,097 | $230,900 | $94,922 | 9.4% |
| Washington Township (Schuylkill County) | $1,050 | $238,000 | $89,306 | 10.5% |
| Washington Township (Lehigh County) | $1,063 | $282,100 | $86,837 | 6.4% |
| Franklin Township (Lycoming County) | $938 | $247,100 | $88,125 | 14.2% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Pennsylvania.
HUD Fair Market Rent for Economy, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,075 | $1,146 | $1,389 | $1,773 | $1,925 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Economy, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $23,200 | $38,650 | $61,850 |
| 2 people | $26,500 | $44,200 | $70,650 |
| 3 people | $29,800 | $49,700 | $79,500 |
| 4 people | $33,100 | $55,200 | $88,300 |
| 5 people | $38,680 | $59,650 | $95,400 |
| 6 people | $44,360 | $64,050 | $102,450 |
| 7 people | $50,040 | $68,450 | $109,500 |
| 8 people | $55,720 | $72,900 | $116,600 |
These are the limits HUD sets for its housing programs in the Pittsburgh, PA HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $110,400.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Economy
What is the average rent in Economy, PA?
The Census Bureau publishes the median rather than the average: the median gross rent in Economy is $1,009 (±$181) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many renters are there in Economy?
Economy has an estimated 213 (±79) renting households, 5.6% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Economy?
The median household income in Economy is $95,313 (±$14,828) a year (2020–2024 American Community Survey).
What is the average home value in Economy, PA?
The Census Bureau publishes the median: $250,800 (±$11,715) for owner-occupied homes in Economy (2020–2024 American Community Survey).
What is the average mortgage payment in Economy?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Economy, PA is $1,713 (±$91) a month, including taxes, insurance and utilities.
How much are property taxes in Economy?
The median real estate tax paid by homeowners in Economy, PA is $3,766 (±$282) a year (2020–2024 American Community Survey).
Is Economy growing?
In Economy, the number of residents went from 9,182 in 2015–2019 to 9,005 in 2020–2024 (−1.9%), a measurable decrease.
What ZIP codes are in Economy?
The ZIP codes that cover Economy are 15005, 15003, 15042.
What is the median rent in ZIP code 15005?
The median gross rent in ZIP Code Tabulation Area 15005 is $660 (±$70) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Economy borough, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Economy borough, Pennsylvania
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Economy borough, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Economy borough, Pennsylvania
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Economy borough, Pennsylvania
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Economy borough, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Economy borough, Pennsylvania
- HUD Fair Market Rents, fiscal year 2027: Pittsburgh, PA HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Pittsburgh, PA HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Economy Police Department (ORI PA0041100)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Economy borough, Pennsylvania (place:22264, in state:42).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .