Fundamental Details: Economy, Pennsylvania

The average family size in Economy, PA is 2.74 residential members, with 94.9% owning their own dwellings. The average home value is $183742. For people leasing, they spend an average of $700 per month. 61% of families have dual sources of income, and a median domestic income of $81938. Median individual income is $38957. 4.1% of residents survive at or beneath the poverty line, and 10.6% are handicapped. 9.9% of residents of the town are ex-members associated with the military.

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Economy, PA is situated in Beaver county, and includes a population of 9098, and is part of the higher Pittsburgh-New Castle-Weirton, PA-OH-WV metropolitan area. The median age is 50.7, with 8% for the residents under ten years old, 8.9% are between 10-nineteen years old, 8.6% of inhabitants in their 20’s, 11.3% in their thirties, 11.5% in their 40’s, 18.9% in their 50’s, 16.1% in their 60’s, 11.4% in their 70’s, and 5.3% age 80 or older. 50.3% of inhabitants are men, 49.7% female. 63.5% of residents are recorded as married married, with 9.9% divorced and 18.5% never married. The percentage of men or women confirmed as widowed is 8.1%.

The work force participation rate in Economy is 67.6%, with an unemployment rate of 2.7%. For many located in the labor pool, the typical commute time is 28.1 minutes. 10.7% of Economy’s population have a masters diploma, and 20.6% have a bachelors degree. For many without a college degree, 28.5% have at least some college, 34.9% have a high school diploma, and just 5.2% possess an education significantly less than twelfth grade. 3.5% are not covered by health insurance.