HomeIndianaWayne CountyEconomy town
Economy town, Indiana: commercial real estate data.
Economy town is a Census town of 144 people across 0.09 square miles of land, in Wayne County. Median household income is $42,212, 89.1 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Economy
What Economy is
- Census place typetown
- Land area0.09 sq mi
- Water area0 sq mi
- Population per square mile of land1,605 plus or minus 702
- County holding the largest share of its areaWayne County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Economy
How many people live in Economy
- Population144 plus or minus 63
- Median age43.8 plus or minus 11.3
- Population under 1847 plus or minus 31
- Share under 1832.6 percent plus or minus 16.2
- Population 65 and over30 plus or minus 21
- Share 65 and over20.8 percent plus or minus 11.0
- Households55 plus or minus 20
- Family households44 plus or minus 18
- Share of households that are families80.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Economy
Income and work in Economy
- Median household income$42,212 plus or minus $11,743
- Per capita income$19,524 plus or minus $4,747
- Civilian labor force51 plus or minus 26
- Employed48 plus or minus 25
- Unemployed3 plus or minus 5
- Unemployment rate5.9 percent plus or minus 9.3
- Adults 25 and over96 plus or minus 34
- Adults 25 and over with a high school diploma or higher90.6 percent
- Adults 25 and over with a bachelor degree or higher13.5 percent plus or minus 16.6
- Adults 25 and over with a graduate degree5.2 percent plus or minus 14.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Economy
Housing in Economy
- Housing units68 plus or minus 24
- Occupied units55 plus or minus 20
- Vacant units13 plus or minus 13
- Vacancy rate19.1 percent plus or minus 17.9
- Owner occupied49 plus or minus 19
- Renter occupied6 plus or minus 7
- Ownership rate89.1 percent
- Median owner-occupied home value$56,100 plus or minus $20,116
- Median gross rent, monthly$708 plus or minus $169
- Annual rent as a share of median income20.1 percent plus or minus 7.4
- Single family units58 plus or minus 28
- Share single family85.3 percent plus or minus 28.5
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes10 plus or minus 11
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Economy
How Economy gets to work
- Workers 16 and over who commute45 plus or minus 25
- Commuting under 15 minutes4 plus or minus 14
- Share commuting under 15 minutes8.9 percent plus or minus 31.4
- Commuting 30 minutes or more23 plus or minus 22
- Share commuting 30 minutes or more51.1 percent plus or minus 39.5
- Drove alone63.0 percent plus or minus 13.9
- Carpooled32.6 percent plus or minus 27.4
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home2.2 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wayne County, not Economy
Wayne County context, not Economy figures
These are Wayne County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Economy measurements.
- Establishments in Wayne County1,453
- Employment at those establishments, Wayne County25,774
- Covered employment, Wayne County29,736
- Average annual pay, Wayne County$51,067
- Average weekly wage, Wayne County$982
- Housing units permitted, Wayne County45
- Of those, single family, Wayne County41
- County product, 2024, Wayne County$3,814,557,000
- County product change over the prior year, Wayne County3.3 percent
- Average income of an arriving household, Wayne County$46,160
Every figure in this section is published for Wayne County as a whole and is not a measurement of Economy. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Economy questions, answered from the record.
How many people live in Economy, Indiana?
144, in 55 households. Economy town covers 0.09 square miles of land, which is 1,605 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Economy in?
Wayne County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Economy?
$42,212. The median owner-occupied home is valued at $56,100. Median gross rent is $708 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Economy figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wayne County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Economy.
Is zoning published for Economy?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.