Economy, Indiana
Economy: Town in Indiana, USA
About
Economy is a town located in the county of Wayne in the U.S. state of Indiana. Its population at the 2010 census was 187 and a population density of 805 people per km². After 10 years in 2020 city had an estimated population of 175 inhabitants.
Quick Facts about Economy
| Population : | 175 (2020) |
| Country : | United States of America |
| State : | Indiana (United States) |
| County : | Wayne County |
| Postal code : | 47339 |
| Phone Area Codes : | 765 |
| Area : | 0.23 km2 |
| Altitude : | 1,152 feet / 351 meters |
| Time Zone : | America/Indiana/Indianapolis |
| Local time : | 09:31:52 (21st November 2024) |
| Density : | 753 Pop. per km² as of 2020 |
| Population growth : | -6.86% (2010-2020) |
Geography
Economy is located at 39°58'41"N 85°5'17"W (39.9781000, -85.0880200).
Economy map
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Demographics
According to census records, the population of Economy decreased by 6.86% in 10 years.
| Year | Population | % Change | Method |
| 2010 | 187 | - | census |
| 2011 | 184 | -1.63% | estimation process |
| 2012 | 183 | -0.55% | estimation process |
| 2013 | 181 | -1.1% | estimation process |
| 2014 | 180 | -0.56% | estimation process |
| 2015 | 179 | -0.56% | estimation process |
| 2016 | 178 | -0.56% | estimation process |
| 2017 | 176 | -1.14% | estimation process |
| 2018 | 176 | 0% | estimation process |
| 2019 | 175 | -0.57% | estimation process |
| 2020 | 175 | 0% | estimation process |
Demographic Facts
| Estimated population as of July 1, 2019 : | 10,510 |
| Based on demographic estimates as of April 1, 2010 : | 10,847 |
| Based on demographic estimates as of 1 April 2010 : | -3.1% |
| April 1, 2020 Population : | 10,983 |
| April 1, 2010 Population : | 10,785 |
| People under 5 years old, percentage : | 8.6% |
| People under 18 years old, percentage : | 29.1% |
| People over 65 (%) : | 11.2% |
| Female persons, % : | 50.4% |
| White only, percent : | 91.2% |
| Black or African American alone, percent : | 1.5% |
| American Indian and Alaska Native only, % : | 0.0% |
| Asians alone % : | 5.3% |
| Only Native Hawaiians and Other Pacific Islanders, % : | 0.0% |
| % of people who have participated in two or more races : | 1.5% |
| % of Hispanic or Latino : | 2.2% |
| White people, not Hispanic or Latino people, make up the majority of the population. : | 89.7% |
| 2015-2019 Veterans : | 510 |
| Percentage of foreign-born people, 2015-2019 : | 7.0% |
| Rate of owner-occupied housing units, 2015-2019 : | 77.4% |
Economy zip code is 47339.
County name: Wayne, County
fips: 18177
Economic Facts
| Rate of owner-occupied housing units, 2015-2019 : | 77.4% |
| Owner-occupied housing unit median value, 2015-2019 : | $163,000 |
| From 2015 to 2019, the median selected monthly owner costs - with a mortgage : | $1,423 |
| Monthly owner costs, without a mortgage, at the median, 2015-2019 : | $594 |
| 2015-2019 median gross rent : | $1,102 |
| 2015-2019 Households : | 3,822 |
| Population per household, 2015-2019 : | 2.81 |
| Living in the same house a year ago, percentage of people aged one year and up, 2015-2019 : | 92.4% |
| Languages other than English spoken at home, as a percentage of people aged 5 and up, 2015-2019 : | 10.3% |
| Households with computers, %, 2015-2019 : | 96.8% |
| Percentage of households with a broadband Internet subscription, 2015-2019 : | 93.9% |
| Percentage of people aged 25 and up with a high school diploma or higher, 2015-2019 : | 93.7% |
| Bachelor's degree or higher, proportion of people aged 25 and up, 2015-2019 : | 35.0% |
| Percentage of people under the age of 65 who have a disability, 2015-2019 : | 6.1% |
| Persons under the age of 65 who do not have health insurance, as a percentage : | 3.8% |
| Total civilian labor force, percent of population aged 16 and up, 2015-2019 : | 73.1% |
| Female labor force participation in the civilian labor force, as a percentage of the population aged 16 and up, 2015-2019 : | 67.1% |
| Total sales of lodging and food services in 2012 ($1,000) : | 17,261 |
| Manufacturers' total shipments in 2012 ($1,000) : | 63,897 |
| 2012 total retail sales ($1,000) : | 175,311 |
| 2012 total retail sales per capita : | $16,354 |
| Mean commute time to work (in minutes), workers aged 16 and up, 2015-2019 : | 23.9 |
| 2015-2019 median household income (in 2019 dollars) : | $92,138 |
| Income per capita in the previous 12 months (in 2019 dollars), 2015-2019 : | $37,712 |
| Percentage of people living in poverty : | 4.0% |
| Total number of businesses in 2012 : | 993 |
| Men-owned businesses in 2012 : | 650 |
| Women-owned businesses in 2012 : | 290 |
| Minority-owned businesses in 2012 : | 122 |
| Non-minority-owned businesses in 2012 : | 855 |
| Veteran-owned businesses in 2012 : | 213 |
| Nonveteran-owned businesses in 2012 : | 708 |
| 2010 population per square mile : | 1,041.0 |
| 2010 land area in square miles : | 10.36 |
Other Places in Economy
1 Economy Town Hall
W Main St, Economy, IN 47339 ➦ Show Map
☎ +17658865594 🔗 Url
Schools in Economy
College & universities near Economy, IN
| Code | Name | City | ZIP |
|---|---|---|---|
| 151388 | Indiana University-East | Richmond (IN) | 47374-1289 |
Stations (4)
Amtrak & bus stations near Economy, IN
| Code | Name | Address | Type |
|---|---|---|---|
| COI | Connersville station | 1012 Eastern Avenue | RAIL |
| IND | Indianapolis Union Station | 350 South Illinois Street | RAIL |
| CIN | Cincinnati Museum Center at Union Terminal | 1301 Western Ave. | RAIL |
| CIG | Cincinnati, OH | 1005 Gilbert Avenue | BUS |
Post offices near Economy
| Post Office Name | City | ZIP |
|---|---|---|
| Economy Post Office | Economy (IN) | 47339 |
Other places with the same name (2)
- Economy , Pennsylvania borough in Beaver County, Pennsylvania, USA with a population of 9,022 people.
Other cities in Wayne County
Cities, towns, neighborhoods & other populated places in Wayne County , IN. (more)
| City Name | Population | Title |
|---|---|---|
| Richmond | 35,239 | City in Indiana, United States |
| Wayne | 4,271 | Town in Wayne County, West Virginia |
| Cambridge City | 1,744 | Town in Indiana |
| Hagerstown | 1,684 | High school in Hagerstown, Wayne County, Indiana |
| Franklin | 1,228 | City in Johnson County, Indiana, United States |
| Webster | 1,215 | Unincorporated community in Wayne County, Indiana |
| Chester | 938 | City in United States of America |
| Abington | 799 | Unincorporated community in Wayne County, Indiana |
| Fountain City | 753 | Town in Indiana |
| Dublin | 746 | Town in Indiana |
| Pennville | 676 | City in Jay County, Indiana, United States of America |
| Dalton | 543 | City in Indiana, United States |
| Greens Fork | 384 | Town in Indiana, United States |
| East Germantown | 351 | Town |
| Spring Grove | 319 | City in Wayne County, Indiana, United States of America |
| Bethel | 304 | Unincorporated community in Wayne County, Indiana |
