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These days, finding an affordable place to live in the Economy area can be challenging. Home prices in Economy are now at a median cost of $250,967, lower than the Pennsylvania average of $288,156.
The average cost of rent is $941/mo in Economy, primarily driven by the current value of real estate in the Economy area. In Economy, 5.73% of households rent, and 47.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Economy is $8,285 per month. Households that rent pay about 11.36% of their income on rent here. Economy’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Baden, PA: higher priced homes
- Conway, PA: less expensive homes
- Freedom, PA: less expensive homes
- Fernway, PA: higher priced homes
- Bell Acres, PA: higher priced homes
- Ambridge, PA: less expensive homes
- Warrendale, PA: higher priced homes
- Bradford Woods, PA: higher priced homes
- East Rochester, PA: less expensive homes
- Monaca, PA: less expensive homes
Cities with Similar Populations
- Geismar, LA: higher priced homes
- West Athens, CA: higher priced homes
- West Branch, MI: less expensive homes
- Glennville, GA: less expensive homes
- Glenmoore, PA: higher priced homes
- Glencoe, IL: higher priced homes
- Glen Ridge, NJ: higher priced homes
- Glastonbury Center, CT: higher priced homes
- West Liberty, KY: less expensive homes
- Gladstone, MI: less expensive homes
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