Economy, Pennsylvania
Moving to or Living in Economy Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Economy, Pennsylvania
Moving to Economy In Pennsylvania ? Find out the best and worst about to live, raise a family or retire in Economy, the Pros and Cons of Living in Economy.
Explore the life in Economy based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Economy, Pennsylvania
Is Economy, Pennsylvania a good place to live?
Economy is a city in Pennsylvania state in USA with a population of 9133 residents..
The poverty rate of Economy is 5.3%, which is 62% lower than national average.
The typical household in Economy earns $78556 a year, compared to the national median of $67,500.
Nearly 25% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Economy, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Economy remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Economy, only 31% of adults have a bachelor's degree and 30% have some college but no degree.
Cost of living in Economy is 102, which is 2% higher than national average. Median home value in Economy is $200000 , which is 13% lower than national average. While median income in Economy remained $78556, which is 16% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Economy, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Economy remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Economy, only 31% of adults have a bachelor's degree and 30% have some college but no degree.
Cost of living in Economy is 102, which is 2% higher than national average. Median home value in Economy is $200000 , which is 13% lower than national average. While median income in Economy remained $78556, which is 16% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
9133
Unemployment
2.7%
Poverty
5.3%
Overall Score
5
Median Home
$200000
13%
NAT AVG.
Median Income
$78556
16%
NAT AVG.
Median Rent
$744
36%
NAT AVG.
Cost Of Living
102
2%
NAT AVG.
People Living BPL
1 in 19
Unemployed People
1 in 37
People Earning < $10,000
1 in 53
People Earning < $50,000
25%
People with <= High School
1 in 2.6
People With Any Degree
1 in 2.4
Pros & Cons Overview
Jobs85%
Housing70%
Affordability85%
Safety70%
Amenities70%
Diversity30%
Education85%
Commute60%
Is Economy, Pennsylvania safe place to live?
The overall crime rate in Economy, Pennsylvania is 58% lower than national average. The violent crime rate of Economy is 94% lower than national average.
While the property crime rate of Economy is 51% lower than national average.
You have 1 in 4567 chance of being victim of violent crime. You have 1 in 103 chance of being victim of property crime.
Crime Cases
91
Violent : 2Property : 89
Total Crime
58%
NAT. AVG. 51% STATE AVG.
988.6 (per 100k)
Violent Crime
94%
NAT. AVG. 94% STATE AVG.
21.7 (per 100k)
Property Crime
51%
NAT. AVG. 41% STATE AVG.
966.9 (per 100k)
Chance Of Being A Victim Of Crime In Economy
Violent crime
1 in 4567
Property crime
1 in 103
Robbery
Burglary
1 in 9133
Assault
1 in 4567
Car Theft
1 in 9133
Economy : Property Crime Ranking
Ranking | Total Crime |
Property Crime |
Burglary | Larceny | Car Thefts |
---|---|---|---|---|---|
In Pennsylvania | 55 | 53 | 63 | 51 | 55 |
In USA | 2252 | 2135 | 2226 | 1890 | 1951 |
Economy : Violent Crime Ranking
Ranking | Violent Crime |
Murder | Robbery | Assault | Rape |
---|---|---|---|---|---|
In Pennsylvania | 61 | 35 | 60 | 58 | 55 |
In USA | 2223 | 330 | 1102 | 2008 | 1757 |
Violent Crime
Crime Type | Count | Economy |
Pennsylvania |
Country |
---|---|---|---|---|
Per 100,000 People | ||||
Violent Crime | 2 | 21.7 | 389.52 | 387.8 |
Murder | 0 | 0 | 7.89 | 6.5 |
Robbery | 0 | 0 | 83.92 | 73.9 |
Assault | 2 | 21.7 | 264.63 | 279.7 |
Rape | 0 | 0 | 33.07 | 27.7 |
Property Crime
Crime Type | Count | Economy |
Pennsylvania |
Country |
---|---|---|---|---|
Per 100,000 People | ||||
Property Crime | 89 | 966.9 | 1644.08 | 1,958.2 |
Burglary | 1 | 10.9 | 248.56 | 314.2 |
Larceny | 87 | 945.1 | 1274.47 | 1,398 |
Car Theft | 1 | 10.9 | 121.05 | 246 |
Violent Crime Comparison
Property Crime Comparison
Cost of Living
Expense | Economy | Pennsylvania | National Avg. |
---|---|---|---|
Services | 98 | 100 | 100 |
Groceries | 110 | 108 | 100 |
Health | 94 | 94 | 100 |
Housing | 92 | 92 | 100 |
Transportation | 120 | 113 | 100 |
Utilities | 115 | 112 | 100 |
Cost of Living
Gender
Gender | Economy | Pennsylvania | Country |
---|---|---|---|
Female | 51.7% | 51% | 50.8% |
Male | 48.3% | 49% | 49.2% |
Gender
Household Income
Income | Economy | Pennsylvania | Country |
---|---|---|---|
Less than $10,000 | 1.9% | 5.8% | 5.8% |
$10,000 to $14,999 | 2.2% | 4% | 4.1% |
$15,000 to $24,999 | 6.7% | 8.8% | 8.5% |
$25,000 to $34,999 | 4.3% | 9% | 8.6% |
$35,000 to $49,999 | 9.9% | 12.1% | 12.0% |
$50,000 to $74,999 | 22.5% | 17.6% | 17.2% |
$75,000 to $99,999 | 15.4% | 13.2% | 12.8% |
$100,000 to $149,999 | 22.2% | 15.7% | 15.6% |
$150,000 to $199,999 | 8.2% | 6.7% | 7.1% |
$200,000 or more | 6.7% | 7.1% | 8.3% |
Education
Education | Economy | Pennsylvania | Country |
---|---|---|---|
< 9th Grade | 1% | 2% | 5.0% |
9-12th Grade | 3% | 6% | 7.0% |
High School or GED | 35% | 34% | 27.0% |
Other College | 19% | 16% | 20.0% |
Associate's Degree | 11% | 9% | 9% |
Bachelor's Degree | 20% | 20% | 20.0% |
Master's Degree | 8% | 9% | 9.0% |
Professional Degree | 2% | 2% | 2.0% |
Doctorate Degree | 1% | 2% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Economy | Pennsylvania | Country |
---|---|---|---|
White | 96.2% | 75.7% | 60.1% |
African American | 0.6% | 10.6% | 12.2% |
American Indian | 0% | 0.1% | 0.6% |
Asian | 0% | 3.5% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0% | 0.3% | 0.3% |
Multiracial | 1.9% | 2.2% | 2.8% |
Hispanic | 1.4% | 7.6% | 18.2% |