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QuickFacts

Economy borough, Pennsylvania

QuickFacts provides statistics for all states and counties. Also for cities and towns with a population of 5,000 or more.

Table

	Economy borough, Pennsylvania
Population estimates, July 1, 2024, (V2024)	 NA

People
Population
Population estimates, July 1, 2024, (V2024)	 NA
Population estimates, July 1, 2023, (V2023)	 8,962
Population estimates base, April 1, 2020, (V2024)	 NA
Population estimates base, April 1, 2020, (V2023)	 9,102
Population, percent change - April 1, 2020 (estimates base) to July 1, 2024, (V2024)	 NA
Population, percent change - April 1, 2020 (estimates base) to July 1, 2023, (V2023)	 -1.5%
Population, Census, April 1, 2020	9,098
Population, Census, April 1, 2010	8,970
Age and Sex
Persons under 5 years, percent	 4.2%
Persons under 18 years, percent	 16.0%
Persons 65 years and over, percent	 28.6%
Female persons, percent	 50.0%
Race and Hispanic Origin
White alone, percent	 94.1%
Black alone, percent (a)(a)	 1.2%
American Indian and Alaska Native alone, percent (a)(a)	 0.1%
Asian alone, percent (a)(a)	 0.1%
Native Hawaiian and Other Pacific Islander alone, percent (a)(a)	 0.0%
Two or More Races, percent	 4.3%
Hispanic or Latino, percent (b)(b)	 0.7%
White alone, not Hispanic or Latino, percent	 93.9%
Population Characteristics
Veterans, 2019-2023	633
Foreign-born persons, percent, 2019-2023	2.8%
Housing
Housing Units, July 1, 2023, (V2023)	X
Owner-occupied housing unit rate, 2019-2023	93.7%
Median value of owner-occupied housing units, 2019-2023	$244,700
Median selected monthly owner costs - with a mortgage, 2019-2023	$1,710
Median selected monthly owner costs -without a mortage, 2019-2023	$767
Median gross rent, 2019-2023	$907
Building Permits, 2023	X
Families & Living Arrangements
Households, 2019-2023	3,788
Persons per household, 2019-2023	2.39
Living in the same house 1 year ago, percent of persons age 1 year+ , 2019-2023	94.8%
Language other than English spoken at home, percent of persons age 5 years+, 2019-2023	1.5%
Computer and Internet Use
Households with a computer, percent, 2019-2023	94.1%
Households with a broadband Internet subscription, percent, 2019-2023	90.4%
Education
High school graduate or higher, percent of persons age 25 years+, 2019-2023	98.3%
Bachelor's degree or higher, percent of persons age 25 years+, 2019-2023	38.2%
Health
With a disability, under age 65 years, percent, 2019-2023	5.2%
Persons without health insurance, under age 65 years, percent	 4.1%
Economy
In civilian labor force, total, percent of population age 16 years+, 2019-2023	64.6%
In civilian labor force, female, percent of population age 16 years+, 2019-2023	61.0%
Total accommodation and food services sales, 2022 ($1,000)(c)	1,148
Total health care and social assistance receipts/revenue, 2022 ($1,000)(c)	5,799
Total transportation and warehousing receipts/revenue, 2022 ($1,000)(c)	3,509
Total retail sales, 2022 ($1,000)(c)	6,395
Total retail sales per capita, 2022(c)	$712
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2019-2023	28.9
Income & Poverty
Median households income (in 2023 dollars), 2019-2023	$94,430
Per capita income in past 12 months (in 2023 dollars), 2019-2023	$52,016
Persons in poverty, percent	 4.3%

Businesses
Businesses
Total employer establishments, 2022	X
Total employment, 2022	X
Total annual payroll, 2022 ($1,000)	X
Total employment, percent change, 2021-2022	X
Total nonemployer establishments, 2022	X
All employer firms, Reference year 2022	34
Men-owned employer firms, Reference year 2022	S
Women-owned employer firms, Reference year 2022	S
Minority-owned employer firms, Reference year 2022	S
Nonminority-owned employer firms, Reference year 2022	S
Veteran-owned employer firms, Reference year 2022	S
Nonveteran-owned employer firms, Reference year 2022	S

Geography
Geography
Population per square mile, 2020	509.1
Population per square mile, 2010	501.6
Land area in square miles, 2020	17.87
Land area in square miles, 2010	17.88
FIPS Code	4222264

About datasets used in this table

Value Notes

Methodology differences may exist between data sources, and so estimates from different sources are not comparable.

Some estimates presented here come from sample data, and thus have sampling errors that may render some apparent differences between geographies statistically indistinguishable. Click the Quick Info  icon to the left of each row in TABLE view to learn about sampling error.

The vintage year (e.g., V2024) refers to the final year of the series (2020 thru 2024). Different vintage years of estimates are not comparable.

Users should exercise caution when comparing 2019-2023 ACS 5-year estimates to other ACS estimates. For more information, please visit the 2023 5-year ACS Comparison Guidance page.

Fact Notes

(a)Includes persons reporting only one race
(b)Hispanics may be of any race, so also are included in applicable race categories
(c)Economic Census - Puerto Rico data are not comparable to U.S. Economic Census data

Value Flags

DSuppressed to avoid disclosure of confidential information
FFewer than 25 firms
FNFootnote on this item in place of data
NANot available
SSuppressed; does not meet publication standards
XNot applicable
ZValue greater than zero but less than half unit of measure shown
-Either no or too few sample observations were available to compute an estimate, or a ratio of medians cannot be calculated because one or both of the median estimates falls in the lowest or upper interval of an open ended distribution.
NData for this geographic area cannot be displayed because the number of sample cases is too small.

QuickFacts data are derived from: Population Estimates, American Community Survey, Census of Population and Housing, Current Population Survey, Small Area Health Insurance Estimates, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits.