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Economy town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.1x is exceptionally low

As of 2026, Economy town, Indiana has a total population of 150, the 781st largest city in Indiana, with a median household income of $44,063, which is 37% lower than the state average. The poverty rate is 20.0%.

Key Takeaways

Economy town Quick Facts

Population 150
Median Household Income $44,063
Median Home Value $50,000
Poverty Rate 20.0%
Unemployment Rate 6.3%
Median Age 46.7 years
Homeownership Rate 91.5%
Affordability Ratio 1.1x
Bachelor's Degree or Higher 10.4%
High School Graduation Rate 92.2%
Diversity Index 6/100
Population 150 781st of 967
Median Income $44,063 bottom 20%
Poverty Rate 20.0% 61% higher national
Median Home Value $50,000 bottom 10%

How Economy town Compares

Economy & Housing

Employment

6.3% Unemployment Rate State: 4.3% | National: 5.2%
47.7% Labor Force Participation

Housing Overview

Owner 91.5%
Renter 8.5%
Affordability Index Very Affordable
1.1x home value to income ratio

People & Demographics

Diversity Index

6out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Economy town Rankings in Indiana

#781 Population of 967
#734 Median Income of 967
#615 Education of 967
#809 Home Value of 967

Cities Similar to Economy town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Martinsburg CDP150N/A$99,8000.0%0.0%
Butlerville CDP149N/AN/A0.0%62.4%
Ulen town147N/A$437,10056.7%3.4%
Blanford CDP154N/AN/A0.0%41.6%
Fairview CDP156N/A$9,99921.1%32.4%

Population Overview

Economy town is a small community located in Indiana. The total population is 150. It ranks as the 781st most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Economy town is 46.7 years. This is 23% higher than the state median of 38.0 years. 11.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Economy town is $44,063. This is 37% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 44% lower. The poverty rate stands at 20.0%. This is 64% higher than the state poverty rate of 12.2%. The unemployment rate is 6.3%. This is 48% higher than the state rate of 4.3%. The median home value is $50,000. Housing costs are 75% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.1x, Economy town is one of the most affordable housing markets in the area. 91.5% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 70.3%.

Race & Ethnicity

Economy town has a predominantly White (non-Hispanic) population, comprising 96.7% of all residents.

Education

10.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.2%.

Data Sources & Methodology

All demographic data for Economy town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Economy town, Indiana?

Economy town, Indiana has a population of 150 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Economy town, IN?

The median household income in Economy town is $44,063, which is 44% lower the national median of $78,538.

What is the poverty rate in Economy town, IN?

The poverty rate in Economy town is 20.0%. This means approximately 30 residents live below the federal poverty line.

What is the racial makeup of Economy town, Indiana?

Economy town's population is 96.7% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Economy town, IN?

The median home value in Economy town is $50,000. The home-value-to-income ratio is 1.1x.

How educated is Economy town, Indiana?

10.4% of adults (25+) in Economy town hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.