Indiana · Census place 20152
Economy town, IN
Quick answer
Economy town has 150 residents, ranking #781 of 976 places in Indiana. Median household income is $44,063, the median home is worth $50,000 and median gross rent runs $708 a month.
- Population
- 150Economy town residents
- Median household income
- $44,063Past 12 months, inflation adjusted
- Median home value
- $50,000Owner-occupied units
- Median gross rent
- $708Rent plus utilities, monthly
- Median age
- 46.7 yrsAll residents
- Homeownership rate
- 91.5%Owner-occupied households
What the numbers mean in Economy town
Housing cost measured against local earnings.
A household earning the Economy town median would spend about 19.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20% of residents and 91.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Talma CDP 154
- Cannelburg town 153
- Newtonville CDP 151
- Martinsburg CDP 150
- Butlerville CDP 149
- Webster CDP 149
- Spurgeon town 147
Keep going
More Indiana coverage.