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HomePennsylvaniaBeaver CountyEconomy borough

Economy borough, Pennsylvania: commercial real estate data.

Economy borough is a Census borough of 9,005 people across 17.87 square miles of land, in Beaver County. Median household income is $95,313, 94.4 percent of occupied homes are owned.

54 sourced place values · tier FULL · 7 sections

Economy

What Economy is

  • Census place typeborough
  • Land area17.87 sq mi
  • Water area0.05 sq mi
  • Population per square mile of land504
  • County holding the largest share of its areaBeaver 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

  • Population9,005
  • Median age50.7
  • Population under 181,405
  • Share under 1815.6 percent
  • Population 65 and over2,528
  • Share 65 and over28.1 percent
  • Households3,790
  • Family households2,770
  • Share of households that are families73.1 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$95,313
  • Per capita income$49,651
  • Civilian labor force4,730
  • Employed4,575
  • Unemployed155 plus or minus 66
  • Unemployment rate3.3 percent plus or minus 1.4
  • Adults 25 and over7,146
  • Adults 25 and over with a high school diploma or higher98.7 percent
  • Adults 25 and over with a bachelor degree or higher37.0 percent
  • Adults 25 and over with a graduate degree14.1 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Economy

Housing in Economy

  • Housing units3,939
  • Occupied units3,790
  • Vacant units149 plus or minus 107
  • Vacancy rate3.8 percent plus or minus 2.7
  • Owner occupied3,577
  • Renter occupied213 plus or minus 79
  • Ownership rate94.4 percent
  • Median owner-occupied home value$250,800
  • Median gross rent, monthly$1,009
  • Annual rent as a share of median income12.7 percent plus or minus 3.0
  • Single family units3,837
  • Share single family97.4 percent
  • Units in buildings of two or more10 plus or minus 23
  • Share in buildings of two or more0.3 percent plus or minus 0.6
  • Mobile homes92 plus or minus 59
  • Median year structure built1971

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 commute3,695
  • Commuting under 15 minutes422 plus or minus 129
  • Share commuting under 15 minutes11.4 percent plus or minus 3.3
  • Commuting 30 minutes or more1,601
  • Share commuting 30 minutes or more43.3 percent
  • Drove alone73.7 percent
  • Carpooled5.8 percent plus or minus 2.2
  • Public transport0.0 percent
  • Walked0.9 percent plus or minus 1.2
  • Worked from home18.6 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Economy

Flood programme status in Economy

  • Listed NFIP communities1
  • Of those, participating1
  • NFIP community number420109
  • Currently effective map date08/17/15

This community carries no Community Rating System class, so no CRS premium discount applies to it.

FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.

Beaver County, not Economy

Beaver County context, not Economy figures

These are Beaver 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 Beaver County3,327
  • Employment at those establishments, Beaver County46,532
  • Covered employment, Beaver County48,481
  • Average annual pay, Beaver County$58,825
  • Average weekly wage, Beaver County$1,131
  • Housing units permitted, Beaver County267
  • Of those, single family, Beaver County179
  • County product, 2024, Beaver County$8,032,503,000
  • County product change over the prior year, Beaver County1.8 percent
  • Average income of an arriving household, Beaver County$66,423

Every figure in this section is published for Beaver 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.
  • 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, Pennsylvania?

9,005, in 3,790 households. Economy borough covers 17.87 square miles of land, which is 504 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?

Beaver 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?

$95,313. The median owner-occupied home is valued at $250,800. Median gross rent is $1,009 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Is Economy in the National Flood Insurance Program?

Yes. Economy appears in the FEMA Community Status Book as community 420109, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.

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 Beaver 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.