What is the median home value in Economy, PA?
The median value of owner-occupied homes in Economy, PA is $250,800 (±$11,715), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Economy, the median home value went from $183,100 in 2015–2019 to $250,800 in 2020–2024 (+37.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $250,800 (±$11,715)
- Owner-occupied homes
- 3,577 (±139)
- Most common range
- $200,000 to $299,999
Home values in Economy
| Value | Economy | Beaver County | Pennsylvania | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.4% (±1.5 points) | 6.4% | 5.5% | 5.3% |
| $50,000 to $99,999 | 2.9% (±1.4 points) | 12.7% | 8.4% | 6.1% |
| $100,000 to $149,999 | 8.0% (±2.6 points) | 14.7% | 9.6% | 6.8% |
| $150,000 to $199,999 | 15.9% (±3.8 points) | 19.2% | 12.8% | 9.0% |
| $200,000 to $299,999 | 40.4% (±5.1 points) | 26.2% | 22.9% | 17.8% |
| $300,000 to $499,999 | 26.6% (±4.0 points) | 15.8% | 25.9% | 26.9% |
| $500,000 to $999,999 | 3.7% (±1.6 points) | 4.5% | 12.8% | 20.9% |
| $1,000,000 or more | 0.0% (±0.9 points) | 0.5% | 2.1% | 7.1% |
The most common range is $200,000 to $299,999, 40.4% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Economy against Beaver County, its state and the nation
| Economy | Beaver County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median home value | $250,800 (±$11,715) | $190,900 (±$4,239) | $254,500 (±$767) | $332,700 |
| Owner-occupied homes | 3,577 (±139) | 54,222 (±874) | 3,656,971 (±15,249) | 84,210,142 |
In Economy, the median home value is higher than in Beaver County ($190,900).
It is not measurably different from Pennsylvania ($254,500).
It is lower than the national figure ($332,700).
In Beaver County, Economy ranks 9 of 53 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 700 of 2,541.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Economy have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $183,100 (±$9,942) | $250,800 (±$11,715) | +37.0% | Up 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 |
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.
Median home value in places near Economy
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Economy | — | $250,800 (±$11,715) | — |
| Baden | 1.9 mi | $150,400 (±$12,976) | Lower |
| Harmony Township (Beaver County) | 2.7 mi | $153,400 (±$16,131) | Lower |
| Conway | 3.2 mi | $178,600 (±$11,907) | Lower |
| Bell Acres | 3.8 mi | $437,500 (±$66,797) | Higher |
| Ambridge Heights | 3.8 mi | $161,600 (±$21,797) | Lower |
| Marshall Township | 4.0 mi | $509,900 (±$53,297) | Higher |
| Pine Run | 4.1 mi | $210,000 (±$16,556) | Lower |
| Aliquippa | 4.1 mi | $98,400 (±$7,141) | Lower |
Nearby places with a measurably lower figure: Baden, PA ($150,400), Harmony Township (Beaver County), PA ($153,400), Conway, PA ($178,600).
Nearby places with a measurably higher figure: Bell Acres, PA ($437,500), Marshall Township, PA ($509,900).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Beaver County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 3 | Brighton Township | $279,600 (±$15,513) |
| 4 | New Sewickley Township | $256,100 (±$24,259) |
| 5 | Center Township (Beaver County) | $256,000 (±$15,653) |
| 6 | Chippewa Township | $255,600 (±$18,604) |
| 7 | Beaver | $254,100 (±$18,637) |
| 8 | Potter Township (Beaver County) | $251,000 (±$49,926) |
| 9 | Economy | $250,800 (±$11,715) |
| 10 | Greene Township (Beaver County) | $245,300 (±$90,176) |
| 11 | Hanover Township (Beaver County) | $243,200 (±$27,416) |
| 12 | Patterson Township | $233,400 (±$22,300) |
| 13 | Franklin Township (Beaver County) | $226,500 (±$42,015) |
| 14 | South Beaver Township | $222,200 (±$21,900) |
| 15 | Raccoon Township | $218,800 (±$24,970) |
Showing 13 of 53 places in Beaver County, ranked from highest to lowest.
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 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).
Have home values in Economy gone up?
In Economy, the median home value went from $183,100 in 2015–2019 to $250,800 in 2020–2024 (+37.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Economy sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Economy borough, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Economy borough, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Economy borough, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Economy borough, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
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 .
Related
- Housing in Economy at a glance
- Median rent in Economy
- Renters and owners in Economy
- Income and affordability in Economy
- Homeowner costs in Economy
- Property taxes in Economy
- Types of homes in Economy
- Bedrooms in Economy
- Age of homes in Economy
- Heating fuel in Economy
- Commute and cars in Economy
- Crime reported to police in Economy
- Population growth in Economy
- How long people stay in Economy
- Crowding and facilities in Economy
- Fair Market Rent in Economy
- Pennsylvania landlord and tenant rules
- Housing across Beaver County
- Pennsylvania places ranked by median home value
- Housing data for every place in Pennsylvania