Economy, Pennsylvania

Economy was established in 1825 by a Harmonist society, and named to indicate the principles of their government and their habits of living.[3]

Economy is located at 40°38′18″N 80°11′6″W (40.638466, -80.184891).[4]

According to the United States Census Bureau, the borough has a total area of 17.8 square miles (46 km²), of which, 17.7 square miles (46 km²) of it is land and 0.1 square miles (0.26 km²) of it (0.39%) is water.

Economy has seven borders, including New Sewickley Township to the north, Harmony Township and Baden to the west, Conway to the northwest, and the Allegheny County neighborhoods of Marshall Township to the east, Franklin Park to the southeast and Bell Acres to the south.

At the 2000 census there were 9,363 people in 3,528 households, including 2,854 families, in the borough The population density was 529.0 people per square mile (204.2/km²). There were 3,629 housing units at an average density of 205.0 per square mile (79.2/km²). The racial makeup of the borough was 98.33% White, 0.66% African American, 0.10% Native American, 0.28% Asian, 0.13% from other races, and 0.50% from two or more races. Hispanic or Latino of any race were 0.44%.[6]

There were 3,528 households, 30.8% had children under the age of 18 living with them, 72.1% were married couples living together, 5.9% had a female householder with no husband present, and 19.1% were non-families. 16.7% of households were made up of individuals, and 8.0% were one person aged 65 or older. The average household size was 2.65 and the average family size was 2.99.

The age distribution was 22.2% under the age of 18, 6.5% from 18 to 24, 28.1% from 25 to 44, 29.6% from 45 to 64, and 13.6% 65 or older. The median age was 42 years. For every 100 females there were 99.6 males. For every 100 females age 18 and over, there were 98.0 males.

The median household income was $52,446 and the median family income was $60,081. Males had a median income of $41,756 versus $27,121 for females. The per capita income for the borough was $22,453. About 2.0% of families and 2.4% of the population were below the poverty line, including 2.2% of those under age 18 and 5.8% of those age 65 or over.

• Old Economy Village
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