Economy, IN

Comprehensive Demographic, Economic, and Housing Data Profile

Living in Economy, IN: Quick Facts & Overview

  • Population: 144 residents (277 people per sq. mi.)
  • Average House Price: $57,875
  • Average Household Income: $42,212

Economy, IN is located in the state of Indiana. It is home to about 144 people, with around 277 residents living in every square mile.

If you want to buy a house in Economy, the average price is around $57,875. That makes local housing 70% lower than the Indiana average of $195,725, and 81% lower than the national average of $308,592.

The average household in Economy earns about $42,212 a year. This income is 43% lower than the average family in Indiana ($73,687), and 46% lower than the national average ($78,686).

Population 144
Median Household Income $42,212
Median Home Value $57,875
Median Age 43.8 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$31,806
Labor Force Participation45.9%
Unemployment Rate5.9%
Average Commute Time28.9 mins

Housing & Community Metrics

Home Ownership Rate89.1%
Median Rent$708
Rent Burdened (>30% Income)18.5%
Total Housing Units55

Additional Census & Housing Profile

Geographic Overview

CountyWayne
County FIPS18177
Metro Area (CBSA)Richmond, IN
Combined Area (CSA)Richmond-Connersville, IN
Population Density276.7/sq mi
Coordinates (lat/lng)39.9774, -85.0868
TimezoneAmerica/Indiana/Indianapolis
National Ranking3
IncorporatedYes

Household Structure

Average Family Size2.64
Dual Income Families18.2%

Marital Status

Married41.9%
Never Married24.8%
Divorced30.8%
Widowed2.6%

Gender

Male47.9%
Female52.1%

Health & Poverty

Uninsured Rate (Health)5.6%
Poverty Rate22.2%

Key Population Groups

Veterans15.5%
Disabled Population28.5%
Limited English Proficiency-

All ZIP Codes in Economy

ZIP Code Population Median Household Income Median Home Value
47346 3,876 $70,000 $138,034
47339 528 $70,833 $150,247

Nearby Cities

City Distance Population
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Modoc, IN 5.1 miles 180
Hagerstown, IN 5.8 miles 1,642
Losantville, IN 6 miles 238
Greens Fork, IN 6.4 miles 436
Mooreland, IN 8.8 miles 493
Fountain City, IN 9 miles 702
Lynn, IN 9.1 miles 943
Webster, IN 9.1 miles 132
Blountsville, IN 9.8 miles 170
Centerville, IN 11.2 miles 2,772
East Germantown, IN 11.7 miles 229
Cambridge City, IN 12.2 miles 1,657
Dublin, IN 13 miles 870
Spring Grove, IN 13.7 miles 464
Milton, IN 13.7 miles 323
Richmond, IN 14.5 miles 35,581
Winchester, IN 14.7 miles 5,284
Farmland, IN 14.8 miles 1,276
New Castle, IN 15.5 miles 17,367
Hollansburg, OH 15.6 miles 316
Parker City, IN 15.9 miles 1,211
Mount Summit, IN 15.9 miles 713
Straughn, IN 15.9 miles 229
Springport, IN 16.9 miles 154
Oakville, IN 17.5 miles 205
New Paris, OH 17.7 miles 1,582
Selma, IN 17.7 miles 837
Westwood, IN 17.9 miles 584
Abington, IN 18.1 miles 175
Lewisville, IN 18.4 miles 282
Sulphur Springs, IN 18.7 miles 454
Palestine, OH 18.8 miles 173
New Madison, OH 20.1 miles 783
Saratoga, IN 20.1 miles 249
Spiceland, IN 20.2 miles 840
Boston, IN 20.5 miles 246
Union City, IN 20.8 miles 3,569
Greensboro, IN 21.1 miles 178
Cadiz, IN 21.3 miles 226
Union City, OH 21.8 miles 1,519
Ridgeville, IN 22 miles 569
Brownsville, IN 22.1 miles 222
Dunreith, IN 22.1 miles 204
Connersville, IN 22.2 miles 13,109
Muncie, IN 22.4 miles 85,519
Eldorado, OH 22.4 miles 841
Wayne Lakes, OH 22.7 miles 711
Fairview, IN 22.9 miles 306
Kennard, IN 23.6 miles 415
Albany, IN 24 miles 2,907
Mays, IN 24.3 miles 103
Royerton, IN 24.7 miles 295
Middletown, IN 24.8 miles 2,235
West Manchester, OH 24.9 miles 341
Liberty, IN 25.2 miles 2,052
Redkey, IN 25.9 miles 1,332
Greenville, OH 26.2 miles 12,741
Yorktown, IN 26.6 miles 11,699
Knightstown, IN 26.7 miles 2,241
Daleville, IN 26.7 miles 1,584
Shirley, IN 26.8 miles 1,022
Glenwood, IN 26.9 miles 429
Eaton, IN 27.8 miles 1,630
Dunkirk, IN 28.1 miles 1,861
Markleville, IN 28.1 miles 739
Arcanum, OH 28.2 miles 2,912
Chesterfield, IN 28.4 miles 2,489
Wilkinson, IN 28.4 miles 385
Everton, IN 28.6 miles 610
Eaton, OH 28.7 miles 8,339
Lake Lakengren, OH 29 miles 3,445
Ansonia, OH 29 miles 1,051
Lewisburg, OH 30.1 miles 1,927
Carthage, IN 30.6 miles 675
Salamonia, IN 30.6 miles 218
Charlottesville, IN 30.7 miles 398
Gordon, OH 30.8 miles 222
Rushville, IN 31.4 miles 6,036
West College Corner, IN 31.6 miles 596
Rossburg, OH 31.6 miles 261
Verona, OH 31.7 miles 653
Pitsburg, OH 31.7 miles 370
College Corner, OH 31.8 miles 429
Gaston, IN 31.9 miles 710
Portland, IN 32.3 miles 6,416
Willow Branch, IN 32.4 miles 167
Gettysburg, OH 32.7 miles 544
Anderson, IN 32.8 miles 80,597
Blooming Grove, IN 32.8 miles 117
Camden, OH 33.2 miles 2,029
West Alexandria, OH 33.3 miles 1,340
Laurel, IN 33.3 miles 444
Country Club Heights, IN 33.4 miles 189
Fort Recovery, OH 34.2 miles 1,729
Arlington, IN 34.8 miles 678
Andersonville, IN 34.9 miles 238
Shamrock Lakes, IN 34.9 miles 217
Burkettsville, OH 35 miles 227
Edgewood, IN 35.5 miles 2,121