CitytisticsShortlist

Cost of living, pay and housing

40.64° N · 80.19° W · GEOID 4222264

Economy

Beaver County, Pennsylvania · part of the Pittsburgh, PA metro

PennsylvaniaEconomy, PAEconomyEconomy

The short answer

Economy is home to 9,005 people. Median household income is $95,313 a year and median rent is $1,009 a month, 12.7% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $250,800, about 2.6x annual median household income.

The story in Economy is how fast things are changing. Population change sped up in the latest estimate: +1.4% from 2024 to 2025, against -0.2% a year before that. Also notable: Home values run 26% above what its fundamentals predict in the same metro area.

81OF 100

CTXCitytistics Index

Strong

Economy scores better than 81% of the 6,612 places we rate, and ranks 66th of 271 in Pennsylvania.

How the CTX is built

Category ratings · 0 to 100, typical place 50

Affordability 20%92
Economy 20%75
Safety 20%86
Amenities 15%16
Education 10%60
Commute 10%26
Growth 5%19
Median gross rent
$1,009
26% below the median place
Median household income
$95,313
19% above the median place
Median home value
$250,800
21% below the median place
Unemployment
3.3%
33% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Economy

  • Housing94% of homes are owner-occupied, more than in 96% of the 2,476 places under 10,000 people we track. It is the 3rd-highest of 271 Pennsylvania places we track.
01

Moving to Economy

Beaver County gains about 3.3 residents per 1,000 a year to moves between counties.

Moved in5,575
Moved out5,117
Net+458

Where people come from and where they go, top counties

Within Pennsylvania, other states or abroad

Arrivals
Leavers
Within PennsylvaniaOther statesAbroad

Income per tax return

Arrivals$61K
Leavers$77K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Beaver County; flows under 20 returns are not published.

Who moves here
4.2% of residents arrived from another county in the past year, 1.2% from another state.
Who arrives and who leaves
Households moving into Beaver County report $61,000 a year in income on average; those leaving, $76,700, so leavers earn more than newcomers.
Income you would need
$40,400 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,009 a month; owners with a mortgage pay $1,713 a month including taxes and insurance, on a median home of $250,800.
Getting to work
29 minutes each way on average; 18.6% work from home.
If it is close but not quite
Chesterland, OH matches it on character for less of your income. Compare the two
Moved here in the past year1
4.2%
27% below the median place
Moved from another state1
1.2%
37% below the median place
Net movers per 1,000 people8
3.3
above the median place (median -0.6)
All 5 moving measures
MeasureEconomyAmong 6,645 placesVs median
Moved here in the past year14.2%27% below
Moved from another state1County figure1.2%37% below
Net movers per 1,000 people8County figure3.3above (median -0.6)
Income of households moving in8County figure$60,99414% below
Income of households moving out8County figure$76,7249% above
02

What it costs to live here

The median rent takes 12.7% of the median household's income, a smaller share than in 93% of the 2,480 places under 10,000 people we track.

Economy12.7%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$40,360
a year, at the 30% line
Rent to income
12.7%
38% below the median place
Home price to income
2.6x
31% below the median place

Could you afford it?

The median rent would take
13%
comfortably under the 30% line
Left after rent, in US prices
$83,500
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Economy, $1,009 a month, and local prices for everything else (99.3 against a US average of 100). It runs in your browser and stores nothing.

Like Economy, but easier on the budget

Places that match Economy on character (size, age, education, homeownership, household size, housing age, remote work and climate) but where rent takes a clearly smaller share of income. Cost was left out of the match on purpose.

PlaceMatchRent to incomeMore left a year
Chesterland, OH969.3% vs 12.7%$17,200Compare
Kirtland, OH959.5% vs 12.7%$19,400Compare
Canfield, OH899.7% vs 12.7%$9,500Compare
Mountain Top, PA879.3% vs 12.7%$16,600Compare

Moving from somewhere else? Work out the salary you would need in Economy.

Sponsored · exampleMoving to Economy? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Homeownership1
94.4%
42% above the median place
Property tax rate1
1.5%
65% above the median place
Renters paying 30%+1
45.6%
10% below the median place
All 16 cost and housing measures
MeasureEconomyAmong 6,645 placesVs median
Median gross rent1$1,00926% below
Rent to income112.7%38% below
Property tax rate11.5%65% above
Home price to income12.6x31% below
Prices vs US average2Metro figure94.76% below
Fair market rent, 2 bedrooms3County figure$1,38914% below
HUD area median income4County figure$110,4003% above
Property tax paid (median)1$3,76615% above
Median home value1$250,80021% below
Home prices, 1-year change5County figure4.4%37% above
Home prices, 5-year change5County figure39.2%24% below
Homeownership194.4%42% above
Renters paying 30%+145.6%10% below
Owner costs with a mortgage1$1,7138% below
Vacant homes1County figure8.9%26% above
Median year built119710% below
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Unemployment1
3.3%
33% below the median place
Poverty rate1
6.5%
40% below the median place

More on work and pay, against the typical place

Works from home18.6% +50%
Mean commute29 min +17%
Income per person$49,651 +24%
Median household income$95,313 +19%
All 10 work and pay measures
MeasureEconomyAmong 6,645 placesVs median
Median household income1$95,31319% above
Income per person1$49,65124% above
Unemployment13.3%33% below
Average annual pay6County figure$60,8658% below
Pay growth, 1 year6County figure3.5%5% below
Jobs6County figure48,54168% below
Poverty rate16.5%40% below
Mean commute129 min17% above
Works from home118.6%50% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

2% of residents were born outside the US, fewer than in 94% of the 1,842 places under 10,000 people we track.

High school or higher1
98.7%
7% above the median place
Median age1
50.7
30% above the median place
Born abroad1
2.1%
76% below the median place

More about who lives here, against the typical place

No health insurance4.0% −38%
Household size2.4 −5%
Bachelor's or higher37.0% +15%
Homes with broadband92.2% −0%
All 9 people measures
MeasureEconomyAmong 6,645 placesVs median
Population19,0054486th largest
Population change since 202070.3%78% below
Median age150.730% above
Bachelor's or higher137.0%15% above
High school or higher198.7%7% above
Household size12.45% below
Born abroad12.1%76% below
No health insurance14.0%38% below
Homes with broadband192.2%0% below
05

Life in Economy

The nearest National Park Service site is Oil Region National Heritage Area, about 60 miles away.

Founded or incorporated in 1827. 22 sites are on the National Register of Historic Places, 2 of them National Historic Landmarks. Its history on Wikipedia

Out the door, against the typical place

Parks per 10k residents5.5 −45%
Playgrounds per 10k2.2 −76%
Grocery stores per 10k1.1 −48%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails1 km −75%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

National Park Service sites nearby

  • Oil Region National Heritage Area 60 miles
  • Friendship Hill 61 miles
  • First Ladies National Historic Site 63 miles

Businesses per 10,000 residents (county figures)

Restaurants and bars17.7 −15%
Shops28.5 −6%
Arts, recreation and fitness3.1 −24%
Doctors' offices and clinics16.5 −18%
Child care centers2.3 +0%

Counts businesses with paid staff, so small owner-run shops are not included.

Nearest National Park Service site11
60.1
95% above the median place
Public school students14
31,222
above the median place (median 4,897)
Public schools14
52
above the median place (median 9)
All 18 schools and local life measures
MeasureEconomyAmong 6,645 placesVs median
Public schools14County figure52above (median 9)
Public school students14County figure31,222above (median 4,897)
Students per teacher14County figure15.61% above
Restaurants and bars per 10k9County figure17.715% below
Shops per 10k9County figure28.56% below
Arts, recreation and fitness per 10k9County figure3.124% below
Doctors' offices and clinics per 10k9County figure16.518% below
Child care centers per 10k9County figure2.30% above
Parks per 10k105.545% below
Playgrounds per 10k102.276% below
Grocery stores per 10k101.148% below
Restaurants, cafes and bars per 10k100.0below (median 11.2)
Libraries per 10k100.0below (median 0.9)
Named paths and bike trails100.575% below
Transit stops per sq mi100.0below (median 0.2)
Nearest National Park Service site1160.195% above
National Park Service sites within 60 miles110below (median 2)
National Register listings12County figure2269% above
06

Safety, weather and risk

Violent crime per 100k is 34, 83% below the median place.

Violent crime per 100k
34
83% below the median place
Property crime per 100k
647
47% below the median place
Months reported
12 of 12
by the city police department to the FBI

Counts only offenses reported by the city police department. Sheriff, state and campus police are not included, and some departments do not report to the FBI at all, so compare with care.

Heat wave risk16
45.7
49% below the median place
Natural hazard risk16
75.3
19% below the median place
Wildfire risk16
34.9
43% below the median place
All 11 weather and risk measures
MeasureEconomyAmong 6,645 placesVs median
July average high15County figure83°F4% below
January average low15County figure21°F19% below
Average temperature15County figure51°F7% below
Annual precipitation15County figure41.1 in6% below
Natural hazard risk16County figure75.319% below
Hurricane risk16County figure54.123% below
Tornado risk16County figure56.531% below
Wildfire risk16County figure34.943% below
Heat wave risk16County figure45.749% below
Median air quality index17County figure467% above
Good air days17County figure55.6%19% below
08

Economy in 2030: where the trends point

If recent trends hold, the median rent will take about 13% of the median income in 2030, about the same as 13% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases. On projected 2030 affordability, Economy does better than 91% of places. Its projected home value growth beats 21%.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,009/mo (2024)$1,310/mo$1,070 to $1,590/mo+4.4%
Median household income$95,313 (2024)$120,000$101,500 to $142,000+3.9%
Median home value$250,800 (2024)$353,000$256,000 to $486,000+5.8%
Population9,098 (2025)9,1708,790 to 9,560+0.1%

The median home would be worth 2.9 years of the median income in 2030, against 2.6 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Economy

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Halls, TN$1,178$90,933Compare
Middleburg Heights, OH$1,079$78,815Compare
Maryville, IL$1,145$100,670Compare
Milford, OH$940$78,057Compare
Milford, OHMaryville, ILMiddleburg Heights, OHHalls, TNEconomy, PAEconomyHallsMiddleburg HeightsMaryvilleMilfordEconomyHallsMiddleburg HeightsMaryvilleMilford

Places built like Economy

Its statistical peers: the closest matches on size, age, education, homeownership, household size, housing age, origin and remote work, in the same part of the country. Cost and outcomes are left out of the match, so the table shows how Economy performs against places like it.

PlaceRent to incomeIncome growthPop. change
Economy, PA12.7%3.1%/yr0.3%
Ridge, NY31.2%1.8%/yrn/aCompare
Forked River, NJ28.5%3.6%/yrn/aCompare
Myers Corner, NY18.3%-0.9%/yrn/aCompare
Lake Hopatcong, NJ17.2%4.0%/yrn/aCompare
Spotswood, NJ12.3%5.6%/yr1.1%Compare
Middletown, PA19.0%4.6%/yrn/aCompare

Common questions

Is Economy a good place to live?

It depends on what you need, so here is what the numbers say. Its Citytistics Index is 81 out of 100, better than 81% of the places we rate and 66th of 271 in Pennsylvania. 94% of homes are owner-occupied, more than in 96% of the 2,476 places under 10,000 people we track. It is the 3rd-highest of 271 Pennsylvania places we track. On cost, space and class size it scores 97 out of 100 for families. See how it ranks with your own weights.

Is Economy expensive to live in?

The median rent takes 12.7% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $250,800.

What salary do you need to live in Economy?

To rent the median home without spending more than 30% of income on rent, a household needs about $40,360 a year. Work it out from your current city.

Is Economy safe?

There were 34 reported violent crimes per 100,000 residents, against 192 in the typical place.

What places are similar to Economy?

On income, rent, home value, education and age, the closest matches are Halls, TN, Middleburg Heights, OH, Maryville, IL and Milford, OH.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  14. Common Core of Data · National Center for Education Statistics · 2024 release
  15. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  16. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  17. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Economy with places of a similar size, using only figures measured for Economy itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/economy-pennsylvania

Citytistics. “Economy, Pennsylvania.” Data as of 2026-11-14. https://www.citytistics.com/city/economy-pennsylvania/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.