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{{short description|Borough in Pennsylvania, US}} {{Use mdy dates|date=July 2023}} {{Infobox settlement | name = Economy, Pennsylvania | other_name = | native_name = | nickname = | settlement_type = [[Borough]] | motto = <!-- images and maps -----------> | image_skyline = Old Economy County Park.jpg | imagesize = 250px | image_caption = Fields at Old Economy County Park | image_flag = | flag_size = | image_seal = | seal_size = | image_shield = | shield_size = | image_blank_emblem = | blank_emblem_size = | image_map = Beaver County Pennsylvania incorporated and unincorporated areas Economy highlighted.svg | mapsize = 260px | map_caption = Location in Beaver County, Pennsylvania | pushpin_map = Pennsylvania#USA | pushpin_label = Economy | pushpin_relief = yes <!-- Location ------------------>| subdivision_type = [[List of sovereign states|Country]] | subdivision_name = United States | subdivision_type1 = [[U.S. state|State]] | subdivision_name1 = [[Pennsylvania]] | subdivision_type2 = [[List of counties in Pennsylvania|County]] | subdivision_name2 = [[Beaver County, Pennsylvania|Beaver]] | government_footnotes = | government_type = Borough Council | leader_title = Mayor | leader_name = | leader_title1 = | leader_name1 = | leader_title2 = | leader_name2 = | leader_title3 = | leader_name3 = | leader_title4 = | leader_name4 = | established_title = Incorporated | established_date = 1827 (township)<br>1957 (borough) | area_magnitude = | unit_pref = Imperial | area_footnotes = <ref>{{cite web|title=ArcGIS REST Services Directory|url=https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/5/query?where=STATE='42'&outFields=NAME,STATE,PLACE,AREALAND,AREAWATER,LSADC,CENTLAT,CENTLON&orderByFields=PLACE&returnGeometry=false&returnTrueCurves=false&f=json|publisher=United States Census Bureau|access-date=October 12, 2022}}</ref> | area_total_km2 = 46.41 | area_land_km2 = 46.29 | area_water_km2 = 0.13 | area_total_sq_mi = 17.92 | area_land_sq_mi = 17.87 | area_water_sq_mi = 0.05 | area_water_percent = | population_as_of = [[2020 United States census|2020]] | population_footnotes = <ref name="USCensusDecennial2020CenPopScriptOnly"/> | population_note = | population_total = 9098 | population_density_km2 = 196.56 | population_density_sq_mi = 509.09 | timezone = [[North American Eastern Time Zone|Eastern (EST)]] | utc_offset = -5 | timezone_DST = EDT | utc_offset_DST = -4 | coordinates = {{coord|40|38|18|N|80|11|06|W|region:US_type:city|display=inline,title}} | elevation_footnotes = | elevation_m = | elevation_ft = 971 | postal_code_type = [[Zip code]] | postal_code = 15003, 15005, 15042, 15143 | area_code = [[Area code 724|724]] | website = economyborough.org | footnotes = | pop_est_as_of = | pop_est_footnotes = | population_est = | blank_name = [[Federal Information Processing Standards|FIPS]] code | blank_info = 42-22264 }} '''Economy''' is a borough in [[Beaver County, Pennsylvania]], United States. The population was 9,098 at the [[2020 United States census|2020 census]].<ref name="USCensusEst2020-2021">{{cite web |title=City and Town Population Totals: 2020-2021 |url=https://www.census.gov/data/tables/time-series/demo/popest/2020s-total-cities-and-towns.html |website=Census.gov |publisher=US Census Bureau |access-date=July 19, 2022}}</ref> It is a part of the [[Pittsburgh metropolitan area]]. ==History== Economy Township was established in 1827 and named for Economy, the planned village built by the [[Harmony Society]] on the banks of the Ohio River at what is now called [[Old Economy Village]], in the borough of Ambridge. In 1957 residents of Economy Township petitioned for borough status in order to prevent further annexation by surrounding communities. The borough of Economy was established on January 1, 1958.<ref>{{cite web|url=https://economyborough.org/wp-content/uploads/2012/04/EBHistory.pdf |title=History of Economy Borough |access-date=September 22, 2023}}</ref> ==Geography== Economy is located at {{coord|40|38|18|N|80|11|6|W|type:city}} (40.638466, β80.184891).<ref>{{cite web|url=https://www.census.gov/geographies/reference-files/time-series/geo/gazetteer-files.html|publisher=[[United States Census Bureau]]|access-date=April 23, 2011|date=February 12, 2011|title=US Gazetteer files: 2010, 2000, and 1990}}</ref> According to the [[United States Census Bureau]], the borough has a total area of {{convert|17.8|sqmi|km2}}, of which {{convert|17.7|sqmi|km2}} is land and {{convert|0.1|sqmi|km2}} (0.39%) is water. ===Surrounding neighborhoods=== Economy borders seven municipalities, including [[New Sewickley Township, Pennsylvania|New Sewickley Township]] to the north, [[Harmony Township, Beaver County, Pennsylvania|Harmony Township]] and [[Baden, Pennsylvania|Baden]] to the west, [[Conway, Pennsylvania|Conway]] to the northwest, and the Allegheny County neighborhoods of [[Marshall Township, Pennsylvania|Marshall Township]] to the east, [[Franklin Park, Pennsylvania|Franklin Park]] to the southeast and [[Bell Acres, Pennsylvania|Bell Acres]] to the south. ==Demographics== {{US Census population |1890= 413 |1960= 5925 |1970= 7176 |1980= 9538 |1990= 9519 |2000= 9363 |2010= 8970 |2020= 9098 |estyear=2021 |estimate=9003 |estref=<ref name="USCensusEst2020-2021"/> |footnote=Sources:<ref>{{cite web|title=Census of Population and Housing|url=https://www.census.gov/programs-surveys/decennial-census.html|publisher=U.S. Census Bureau|access-date=December 11, 2013}}</ref><ref name="GR2">{{cite web|url=https://www.census.gov|publisher=[[United States Census Bureau]]|access-date=January 31, 2008|title=U.S. Census website}}</ref><ref>{{cite web|title=Incorporated Places and Minor Civil Divisions Datasets: Subcounty Resident Population Estimates: April 1, 2010 to July 1, 2012|url=https://www.census.gov/popest/data/cities/totals/2012/SUB-EST2012.html|work=Population Estimates|publisher=U.S. Census Bureau|access-date=December 11, 2013|url-status=dead|archive-url=https://web.archive.org/web/20130611010502/http://www.census.gov/popest/data/cities/totals/2012/SUB-EST2012.html|archive-date=June 11, 2013}}</ref><ref name="USCensusDecennial2020CenPopScriptOnly">{{cite web|url=https://api.census.gov/data/2020/dec/pl?get=P1_001N,NAME&for=place:*&in=state:42&key=5ccd0821c15d9f4520e2dcc0f8d92b2ec9336108|title=Census Population API|publisher=United States Census Bureau|access-date=October 12, 2022}}</ref> }} As of the [[2000 United States census|2000 census]],<ref name="GR2" /> there were 9,363 people, 3,528 households, and 2,854 families residing in the borough. The population density was {{convert|529.0|PD/sqmi|PD/km2|sp=us|adj=off}}. There were 3,629 housing units at an average density of {{convert|205.0|/sqmi|/km2|sp=us|adj=off}}. The [[Race and ethnicity in the United States census|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% 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 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]] 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. ==Education== Children in Economy are served by the [[Ambridge Area School District]]. The current schools serving Economy are: * Economy Elementary School β grades Kβ5 * Ambridge Area Middle School β grades 6β8 * [[Ambridge Area High School]] β grades 9β12 ==See also== * [[Old Economy Village]] * [[Ambridge, Pennsylvania]] * [[Harmony Society]] * [[George Rapp]] * [[Harmony, Pennsylvania]] * [[New Harmony, Indiana]] ==References== {{reflist}} {{commonscat}} ==Further reading== * {{cite book |last=Kolson Hurley |first=Amanda |title=Radical Suburbs: Experimental Living on the Fringes of the American City |publisher=Belt Publishing |year=2019 |isbn=978-1948742368}} - case studies of six unusual suburbs {{Beaver County, Pennsylvania}} {{authority control}} [[Category:Populated places established in 1827]] [[Category:Boroughs in Beaver County, Pennsylvania]] [[Category:1827 establishments in Pennsylvania]]
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