Economy Flag

Economy

County:
Wayne County
County Seat:
No
Area (mi²):
0.09
State:
Indiana

Economy is a town located in Wayne County, Indiana. Economy has a 2026 population of 148. Economy is currently growing at a rate of 0.68% annually and its population has increased by 2.07% since the most recent census, which recorded a population of 145 in 2020.

The median household income in Economy is $42,212 with a poverty rate of 22.22%. The median age in Economy is 43.8 years: 44.3 years for males, and 36.8 years for females. For every 100 females there are 92.0 males.

148
Total Population
1,650
Density (mi²)
1 0.68%
Growth

Economy Population

Economy Population

Data after 2023 is projected based on recent change

Year ↓
Population
Growth
Annual Change
202614810.68%
202514700%
202414732.08%
202314400%
2022144-1-0.69%
202114500%
202014500%
2019175-1-0.57%
2018176-1-0.56%
2017177-1-0.56%
2016178-1-0.56%
2015179-2-1.1%
2014181-1-0.55%
2013182-1-0.55%
2012183-1-0.54%
2011184-3-1.6%
201018500%

Median Age

Overall: 43.8 years
Female: 36.8 years
Male: 44.3 years

Economy Adults

There are 97 adults, (30 of whom are seniors) in Economy.

Sex Ratio

Female: 75 (52.1%)
Male: 69 (47.9%)

Demographics

The racial composition of Economy includes 86.11% White, and smaller percentages for other race and multiracial populations.

Population by Race

Race
Population ↓
Percentage (of total)
White12486.11%
Two or more races1812.5%
Other race21.39%
Race
Population ↓
Percentage (of total)
Two or more races117.64%
Other race21.39%
Race
Population ↓
Percentage (of total)
White12486.11%
Two or more races74.86%

Economy Marital Status

Economics and Income Statistics

Economy 's average per capita income is $40,446. Household income levels show a median of $42,212. The poverty rate stands at 22.22%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median ↓
Mean
Married Families$54,750-
Households$42,212$52,031
Families$40,417$41,584
Non Families-$56,964

$40,446

Average Income

$42,212

Median Household Income

22.22%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)