Economy borough, Pennsylvania Demographics & Population 2026
As of 2026, Economy borough, Pennsylvania has a total population of 9,042, the 108th largest city in Pennsylvania, with a median household income of $94,430, which is 24% higher than the state average. The poverty rate is 4.3%.
Key Takeaways
- An exceptionally low poverty rate of 4.3% — among the lowest in Pennsylvania.
Economy borough Quick Facts
How Economy borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 43 | National average: 60
Education
Educational Attainment (Adults 25+)
Economy borough Rankings in Pennsylvania
Explore Pennsylvania Rankings
Other Cities in Beaver County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Aliquippa city | 9,146 | $51,050 | 19.9% | $96,800 |
| Beaver Falls city | 8,885 | $48,462 | 21.7% | $92,900 |
| Ambridge borough | 6,912 | $50,978 | 15.6% | $94,000 |
| New Brighton borough | 5,600 | $50,426 | 18.7% | $104,100 |
| Monaca borough | 5,557 | $64,839 | 15.9% | $142,100 |
| New Freedom borough | 5,003 | $109,894 | 2.8% | $344,100 |
| Beaver borough | 4,403 | $76,397 | 5.2% | $238,400 |
| Baden borough | 3,867 | $65,625 | 7.9% | $143,400 |
| Rochester borough | 3,445 | $40,710 | 29.3% | $109,300 |
| Ohioville borough | 3,322 | $76,875 | 6.4% | $187,800 |
Cities Similar to Economy borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Glenshaw CDP | 9,194 | $91,219 | $241,300 | 51.9% | 4.3% |
| Kulpsville CDP | 8,990 | $89,006 | $337,100 | 50.3% | 3.4% |
| Perkasie borough | 9,176 | $99,474 | $338,700 | 42.7% | 7.8% |
| Village Green-Green Ridge CDP | 8,725 | $93,223 | $300,600 | 30.4% | 8.5% |
| Sanatoga CDP | 9,048 | $86,624 | $280,100 | 34.6% | 14.6% |
Population Overview
Economy borough is a small city located in Pennsylvania, within Beaver County. The total population is 9,042. It ranks as the 108th most populous out of 1,993 cities and towns in Pennsylvania.
Age Demographics
The median age in Economy borough is 50.8 years. This is 24% higher than the state median of 40.9 years.
Economy, Income & Housing
The median household income in Economy borough is $94,430. This is 24% higher than the state median of $76,081. Compared to the national median of $78,538, household income here is 20% higher. The poverty rate stands at 4.3%. This is 63% lower than the state poverty rate of 11.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.1%. This is 42% lower than the state rate of 5.3%. The median home value is $244,700. Housing costs are 2% higher than the state median of $240,500. With a home-value-to-income ratio of just 2.6x, Economy borough is one of the most affordable housing markets in the area. 93.7% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 69.3%.
Race & Ethnicity
Economy borough has a predominantly White (non-Hispanic) population, comprising 93.9% of all residents. Black or African American residents account for 1.2%. The Black or African American population (1.2%) is well below the state average of 10.3%. The Hispanic or Latino population (0.7%) is well below the state average of 8.4%. The Asian population (0.1%) is well below the state average of 3.7%.
Education
38.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% higher than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.3%. Notably, 15.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Economy borough, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,993 Census-designated places in Pennsylvania. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Economy borough, Pennsylvania?
Economy borough, Pennsylvania has a population of 9,042 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Economy borough, PA?
The median household income in Economy borough is $94,430, which is 20% higher the national median of $78,538.
What is the poverty rate in Economy borough, PA?
The poverty rate in Economy borough is 4.3%. This means approximately 390 residents live below the federal poverty line.
What is the racial makeup of Economy borough, Pennsylvania?
Economy borough's population is 93.9% White, 1.2% Black, 0.7% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Economy borough, PA?
The median home value in Economy borough is $244,700. The home-value-to-income ratio is 2.6x.
How educated is Economy borough, Pennsylvania?
38.2% of adults (25+) in Economy borough hold a bachelor's degree or higher, and 15.4% hold a graduate or professional degree.