Pennsylvania · Census place 22264
Economy borough, PA
Quick answer
Economy borough has 9,042 residents, ranking #108 of 2002 places in Pennsylvania. Median household income is $94,430, the median home is worth $244,700 and median gross rent runs $907 a month.
- Population
- 9,042Economy borough residents
- Median household income
- $94,430Past 12 months, inflation adjusted
- Median home value
- $244,700Owner-occupied units
- Median gross rent
- $907Rent plus utilities, monthly
- Median age
- 50.8 yrsAll residents
- Homeownership rate
- 93.7%Owner-occupied households
What the numbers mean in Economy borough
Housing cost measured against local earnings.
A household earning the Economy borough median would spend about 11.5% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.3% of residents and 93.7% 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 Pennsylvania.
- Perkasie borough 9,176
- Aliquippa city 9,146
- Sanatoga CDP 9,048
- Harleysville CDP 9,034
- Audubon CDP 9,014
- Kulpsville CDP 8,990
- Fairless Hills CDP 8,985
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