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Pennsylvania · Census place 22264

Economy, PA population, income and ZIP codes

Quick answer

The population of the city of Economy, Pennsylvania (Economy, PA — Census place “Economy borough”) is 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. Looking for the Economy Pennsylvania ZIP code list? 3 ZIP codes serve Economy, PA: 15003, 15005, 15042.

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

Economy ZIP codes (Pennsylvania)

Census ZCTAs whose delivery area overlaps Economy.

The Economy PA ZIP code list below covers 3 ZIP codes. Open any one for its population, income, housing and rent profile.

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

Economy borough, PA in context

How this area compares with national benchmarks.

Economy borough is a mid-size town in Pennsylvania, with 9,042 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #108 of 2,002 ranked by population — larger than 94% of them. The median age here is 50.8 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Economy borough earn a median of $94,430 a year, 20.2% above the national figure of $78,538 and 33% above the $71,118 median for the 982 Pennsylvania cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 4.3% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Economy borough is valued at $244,700, 19.3% below the national figure and 27% above the $193,200 peer median, while median gross rent runs $907 a month, 35.5% below the national figure, or roughly $10,884 across a full year. A household on the local median income would put about 11.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 93.7% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

A median age of 50.8 puts Economy borough well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Pennsylvania.

More Pennsylvania coverage.

Frequently asked questions

Common questions about this area.

What is the population of Economy borough?
Economy borough has 9,042 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #108 of 2,002 in Pennsylvania.
What is the median household income in Economy borough?
Median household income in Economy borough is $94,430 a year, 20.2% above the national figure of $78,538.
How much does it cost to rent or buy in Economy borough?
Median gross rent is $907 a month and the median home value is $244,700, so rent absorbs about 11.5% of median household income.
Is Economy borough affordable compared with the rest of the US?
Homes cost about 2.6× the local median income here versus roughly 3.9× nationally, so Economy borough is more affordable to buy in than the typical US market, and rent takes 11.5% of median income against the 30% cost-burden line.
How current is this Economy borough data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.