What percentage of people rent in Economy, PA?

5.6% (±2.0 points) of the occupied homes in Economy, PA are rented (2020–2024 American Community Survey).

That is 213 renting households against 3,577 that own their home.

In Economy, the share of households that rent went from 5.1% in 2015–2019 to 5.6% in 2020–2024 (+0.5 percentage points), not a measurable change.

Figures last updated on .

Households that rent
5.6% (±2.0 points)
Renting households
213 (±79)
Median renter income
$54,125 (±$14,510)

Who rents and who owns in Economy

Tenure, estimate (90% margin of error)
EconomyBeaver CountyPennsylvaniaUnited States
Renter-occupied share5.6% (±2.0 points)25.0% (±1.1 points)30.7% (±0.2 points)34.8%
Renting households213 (±79)18,035 (±836)1,617,882 (±10,181)45,017,354
Owning households3,577 (±139)54,222 (±874)3,656,971 (±15,249)84,210,142
Average renter household size1.8 (±0.4)2.0 (±0.1)2.1 (±0.0)2.3
Average owner household size2.4 (±0.1)2.4 (±0.0)2.5 (±0.0)2.6
Median renter household income$54,125 (±$14,510)$40,130 (±$3,186)$47,506 (±$425)$52,966
Median owner household income$98,389 (±$9,354)$83,586 (±$2,804)$95,990 (±$362)$100,009

In Economy, the renter share is lower than in Beaver County (25.0%).

It is also lower than in Pennsylvania (30.7%).

It is lower than the national figure (34.8%).

In Beaver County, Economy ranks 51 of 53 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 2421 of 2,557.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Economy has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent5.1% (±1.8 points)5.6% (±2.0 points)+0.5 percentage pointsNot a measurable change
Median gross rent$700 (±$122)$1,009 (±$181)+44.1%No measurable change after inflation
Median household income$81,938 (±$5,871)$95,313 (±$14,828)+16.3%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.

Households that rent in places near Economy

Nearest places with a published estimate, compared with Economy
PlaceDistanceHouseholds that rentCompared with this place
Economy—5.6% (±2.0 points)—
Baden1.9 mi25.7% (±5.6 points)Higher
Harmony Township (Beaver County)2.7 mi9.6% (±4.8 points)Not measurably different
Conway3.2 mi31.3% (±8.2 points)Higher
Bell Acres3.8 mi5.5% (±3.4 points)Not measurably different
Ambridge Heights3.8 mi10.9% (±7.5 points)Not measurably different
Marshall Township4.0 mi13.9% (±3.3 points)Higher
Pine Run4.1 mi19.8% (±19.5 points)Not measurably different
Aliquippa4.1 mi42.5% (±5.6 points)Higher

Nearby places with a measurably higher figure: Baden, PA (25.7%), Conway, PA (31.3%), Marshall Township, PA (13.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Beaver County, place by place

RankPlaceHouseholds that rent
44 (tie)Hanover Township (Beaver County)9.9% (±5.0 points)
46Harmony Township (Beaver County)9.6% (±4.8 points)
47North Sewickley Township8.9% (±5.2 points)
48Raccoon Township8.6% (±4.6 points)
49Frankfort Springs6.8% (±12.8 points)
50Potter Township (Beaver County)5.8% (±6.1 points)
51Economy5.6% (±2.0 points)
52Big Beaver4.6% (±2.9 points)
53Daugherty Township4.2% (±2.8 points)

Showing 9 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.

What you can do on Seayora in Economy

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Questions about Economy

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).

Is renting growing in Economy?

In Economy, the share of households that rent went from 5.1% in 2015–2019 to 5.6% in 2020–2024 (+0.5 percentage points), not a measurable change.

How big are renting households in Economy?

A renting household in Economy has 1.8 people on average, against 2.4 in an owned home.

How much do renters earn in Economy?

The median renting household in Economy, PA has an income of $54,125 (±$14,510) a year, against $98,389 for households that own their home.

Sources

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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