Economy, PA Population

Overview

9,057

Total Population

50.7

Median age

52.24%

Female population %

91.4:100

Gender ratio (M:F)

60-64 years

Largest age group

65.2

Total dependency ratio

White

Largest racial group

159

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Economy's population is old compared to the rest of the country:

The median age in Economy is 50.7, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Economy's population under 18 was 16.61%, compared to the 22.51% nationwide.
Economy's elderly or the senior population (over 65 age) was 25.85% as compared to 16.04% nationwide.
Of the total population in Economy, 13.61% were under the age of 15, 13.89% aged 15 to 29, 46.65% aged 30 to 64, 22.71% aged 65 to 84, and 3.14% were 85 years of age and older.

There are 405 more females than males in Economy:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 52.24% females and 47.76% males in Economy, PA.
The Economy, PA gender ratio is 91.4:100 i.e. 91.4 men to 100 women (0.914).
For male population, the largest age group is 65-69 years with a population of 412.
For the female population, the largest age group is 60-64 years with a population of 490.

Economy's population has become increasingly diverse:

Racial distribution of Economy population: 95.27% are White, 1.05% are Black or African American, 0.14% are American Indian and Alaska Native, 0.04% are Asian, 1% are some other race and 2.48% are multiracial.
Economy's racial breakdown clearly shows that there is an absolute majority of White population in the borough.
By ethnicity, 159 is Hispanic or Latino (of any race), and 8,898 (98.24% of the total population) is Non-Hispanic.
The largest racial group in Economy is White with a population of 8,629 (95.27% of the total population).

Economy's population has already reached its peak and is showing a trend of decline:

The peak population was 9,414 in the year 2000
From 2000 to 2010, Economy's population decreased by 405 (4.30%), as compared to the national growth of 9.63%.
From 2010 to 2020, Economy's population increased by 72 (0.80%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Economy's population was lowest in year 2022 at 8,973.