Economy is located in Beaver county Pennsylvania with a geographic area of 17.9 square miles. The total population in Economy is 9,133 with 48.3% male and 51.7% female. Children under age 5 represent 4.8% of the population, under age 18 equal 15.4% of the population and over age 65 is 26.8% of the population. The median household income is $78,556, per capita income is $41,555. There are a total of 3,990 housing units with 93.4% owner occupied. Education includes 33.9% of residents that are high school graduates and 32.8% with a bachelor's degree or higher. The average temperature in Economy in the summer is 73 degrees, and in the winter 33 degrees.