Economy is a borough in Beaver County,

Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...

, United States. The population was 9,079 at the 2020 census. It is a part of the

Pittsburgh metropolitan area Greater Pittsburgh is a populous region centered around its largest city and economic hub, Pittsburgh, Pennsylvania. The region encompasses Pittsburgh's urban core county, Allegheny, and six adjacent Pennsylvania counties: Armstrong, Beaver, ...

History

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

Geography

Economy is located at (40.638466, -80.184891). According to the

United States Census Bureau The United States Census Bureau (USCB), officially the Bureau of the Census, is a principal agency of the U.S. Federal Statistical System, responsible for producing data about the American people and economy. The Census Bureau is part of the ...

, the borough has a total area of , of which is land and (0.39%) is water.

Surrounding neighborhoods

Economy borders seven municipalities, including New Sewickley Township to the north, Harmony Township and

Baden Baden (; ) is a historical territory in South Germany, in earlier times on both sides of the Upper Rhine but since the Napoleonic Wars only East of the Rhine. History The margraves of Baden originated from the House of Zähringen. Baden is ...

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.

Demographics

As of the

census A census is the procedure of systematically acquiring, recording and calculating information about the members of a given population. This term is used mostly in connection with national population and housing censuses; other common censuses incl ...

of 2000, there were 9,363 people, 3,528 households, and 2,854 families residing in the borough. The

population density Population density (in agriculture: standing stock or plant density) is a measurement of population per unit land area. It is mostly applied to humans, but sometimes to other living organisms too. It is a key geographical term.Matt RosenberPopul ...

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 White is the lightest color and is achromatic (having no hue). It is the color of objects such as snow, chalk, and milk, and is the opposite of black. White objects fully reflect and scatter all the visible wavelengths of light. White on ...

, 0.66%

African American African Americans (also referred to as Black Americans and Afro-Americans) are an ethnic group consisting of Americans with partial or total ancestry from sub-Saharan Africa. The term "African American" generally denotes descendants of ens ...

, 0.10% Native American, 0.28%

Asian Asian may refer to: * Items from or related to the continent of Asia: ** Asian people, people in or descending from Asia ** Asian culture, the culture of the people from Asia ** Asian cuisine, food based on the style of food of the people from Asi ...

, 0.13% from

other races Other often refers to: * Other (philosophy), a concept in psychology and philosophy Other or The Other may also refer to: Film and television * ''The Other'' (1913 film), a German silent film directed by Max Mack * ''The Other'' (1930 film), a ...

, and 0.50% from two or more races.

Hispanic The term ''Hispanic'' ( es, hispano) refers to people, Spanish culture, cultures, or countries related to Spain, the Spanish language, or Hispanidad. The term commonly applies to countries with a cultural and historical link to Spain and to Vic ...

Latino Latino or Latinos most often refers to: * Latino (demonym), a term used in the United States for people with cultural ties to Latin America * Hispanic and Latino Americans in the United States * The people or cultures of Latin America; ** Latin A ...

of any race were 0.44% of the population. There were 3,528 households, out of which 30.8% had children under the age of 18 living with them, 72.1% were

married couples Marriage, also called matrimony or wedlock, is a culturally and often legally recognized union between people called spouses. It establishes rights and obligations between them, as well as between them and their children, and between t ...

living together, 5.9% had a female householder with no husband present, and 19.1% were non-families. 16.7% of all households were made up of individuals, and 8.0% had someone living alone who was 65 years of age or older. The average household size was 2.65 and the average family size was 2.99. In the borough the population was spread out, with 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% who were 65 years of age 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 income for a household in the borough was $52,446, and the median income for a family was $60,081. Males had a median income of $41,756 versus $27,121 for females. The

per capita income Per capita income (PCI) or total income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. Per capita i ...

for the borough was $22,453. About 2.0% of families and 2.4% of the population were below the

poverty line The poverty threshold, poverty limit, poverty line or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for t ...

, including 2.2% of those under age 18 and 5.8% of those age 65 or over.

Education

Children in Economy are served by the

Ambridge Area School District The Ambridge Area School District is a midsized, urban public school district in Beaver County, Pennsylvania. It serves the boroughs of Ambridge, Baden, Economy and South Heights and Harmony Township. The district encompasses approximately . ...

. The current schools serving Economy are: * Economy Elementary School – grades K-5 * Ambridge Area Middle School – grades 6-8 *

Ambridge Area High School Ambridge High School is a midsized, suburban secondary school in Ambridge, Pennsylvania. By 2016, the school enrollment was reported as 749 pupils in grades 9th through 12th. Extracurriculars Ambridge Area High School offers a variety of clubs, a ...

– grades 9-12

References