Because of many things, Economy is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Economy really has some of the features that families look for when choosing a good community to raise children. Is Economy perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Residents will find that the borough is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Economy is worth considering.
One downside of living in Economy, however, is that residents on average have to contend with a long commute, spending on average 30.34 minutes every day commuting to work.
Being a small borough, Economy does not have a public transit system used by locals to get to and from work.
The education level of Economy citizens is very high relative to the national average among all cities (21.84%): 38.17% of adults in Economy have a bachelor's degree or even advanced degree.
The per capita income in Economy in 2022 was $52,016, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $208,064 for a family of four.
The people who call Economy home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Economy residents report their race to be White, followed by Black or African-American. Important ancestries of people in Economy include German, Irish, Italian, English, and Polish.
The most common language spoken in Economy is English. Other important languages spoken here include Polish and French.
