Español

Este sitio también está en español. Leer en español

City · 9,005 residents · Beaver County, Pennsylvania

Economy , Pennsylvania

In Economy, a typical home is worth $250,800 and typical rent is $1,009 a month. Compared with all of Beaver County, typical household income is 34% higher, the typical home value is 31% higher, and the share of households that own their home is 19 points higher.

WhatsApp

  • Typical home value

    $250,800

    31% above the county

    About the same as Pennsylvania

    • Economy
    • Beaver
    • Pennsylvania

  • Typical rent

    $1,009a month

    13% above the county

    17% below Pennsylvania

    • Economy
    • Beaver
    • Pennsylvania

  • Typical household income

    $95,313a year

    34% above the county

    22% above Pennsylvania

    • Economy
    • Beaver
    • Pennsylvania

  • Households that own their home

    94%

    19 points above the county

    25 points above Pennsylvania

    • Economy
    • Beaver
    • Pennsylvania

Source: U.S. Census Bureau, Average 2020–2024

Economy is in Beaver County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Beaver County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Economy apart

What this place has that others do not, from public data, most unusual first.

  1. Economy has the 5th highest homeownership rate of the 273 cities in Pennsylvania with more than 5,000 people (94%).

  2. Nearby, in Ambridge, the typical home value is $98,200: 61% less than in Economy ($250,800).

  3. The typical household income in Economy is $95,313, 34% more than in Beaver County as a whole ($71,089).

  4. The typical home in Economy is worth $250,800, 31% more than in Beaver County as a whole ($190,900).

  5. Nearby, in Monaca, the typical rent is $768: 24% less than in Economy ($1,009).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Economy

What homes there are in Economy, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Economy, 9 in 10 homes are single-family detached houses; in Beaver County, 8.

Year built

Here half of the homes date from 1971 or later; in Beaver County, from 1957 or later.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA loan limit for Beaver County is $541,287, and about 97% of owner-occupied homes in Economy are worth less than that.

Monthly rent with utilities

With a mortgage

$1,713 a month

Beaver County: $1,437 a month

Without a mortgage

$750 a month

Beaver County: $623 a month

Owners with a mortgage

53%

Beaver County: 55%

In Economy, 53% of owners have a mortgage, and their typical cost is $1,713 a month, against $1,437 in Beaver County. Without one it drops to $750.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Economy rose 37% since 2015–2019, about the same as in Beaver County (35%).

The typical rent in Economy rose 44% over the same time; in Beaver County, it rose 28%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureEconomyBeaver CountyPennsylvaniaUnited States
Rental vacancy Unreliable estimate7.2%4.9%5.5%
Homeowner vacancy Unreliable estimate1.3%0.8%0.9%
More than one person per room Unreliable estimate0.9%1.6%3.4%
People per household 2.382.262.392.53
Drive alone 74%74%68%69%
Carpool 6%8%8%9%
Public transit Unreliable estimate1%4%3%
Walk or bike Unreliable estimate2%4%3%
Work from home 19%14%16%15%
Other means Unreliable estimate1%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Economy are bigger: 2.38 people on average; in Beaver County, 2.26.

In Economy, 19% of workers work from home, more than in Beaver County (14%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Economy?

A typical home is within reach of the typical income

We start with a typical home in Economy, worth $250,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 28% of the typical household income in Economy, which is $95,313 a year.

The calculator's FHA and conventional loan limits are those of all of Beaver County.

Your numbers

Local data
$

Starts at the typical home value in Economy. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $8,778 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,197

at 7.18% · 30 years

Loan amount
$246,257
Total interest
$354,307
Paid off in
November 2056

Includes $4,235 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,224 a month

    Your payment · 28%

  • Tight

    $2,224 to $2,859 a month

  • Hard

    more than $2,859 a month

Compared with the typical household income in Economy ($95,313 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,197
Principal & interest$1,668
Property tax$314
Home insurance$105
FHA mortgage insurance (MIP)$111

You need at least $8,778 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Economy and Beaver County

Economy is in Beaver County, Pennsylvania. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Economy's own numbers

Typical home value
$250,800
Typical monthly rent
$1,009
Typical yearly household income
$95,313
Households that own their home
94%
Effective property tax rate
1.5%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Beaver County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,389
Price change over 5 years (FHFA)
+39%
Homes in a high flood-risk zone
1.2%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Beaver County.

Everything about Beaver County

Buying

Buying a home in Economy

A typical home in Economy is worth $250,800: 31% above the county and about the same as Pennsylvania. With the typical household income in Economy ($95,313 a year), a typical home costs 2.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Economy 2.6 years
  • Beaver 2.7 years
  • Pennsylvania 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Beaver County

According to FHFA’s house price index, home prices in Beaver County rose 67% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Beaver County.

Period County Pennsylvania U.S.
Last year (2025) +4.4% +4.7% +2.9%
5 years (2020–2025) +39% +48% +47%
10 years (2015–2025) +67% +77% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Economy next to Beaver County, Pennsylvania and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Economy $250,800
  • Beaver $190,900
  • Pennsylvania $254,500
  • United States $332,700
Typical monthly rent
  • Economy $1,009
  • Beaver $890
  • Pennsylvania $1,209
  • United States $1,413
Typical yearly household income
  • Economy $95,313
  • Beaver $71,089
  • Pennsylvania $77,971
  • United States $80,734
See the full table
Economy next to Beaver County and Pennsylvania
Measure Economy Beaver County Pennsylvania U.S.
Typical home value $250,800 $190,900 $254,500 $332,700
Typical monthly rent $1,009 $890 $1,209 $1,413
Typical yearly household income $95,313 $71,089 $77,971 $80,734
Households that own their home 94% 75% 69% 65%
Typical yearly property tax $3,766 $2,704 $3,311 $3,119
Effective property tax rate 1.5% 1.42% 1.3% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Beaver County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Economy

For a typical $250,800 home in Economy, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Economy's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,197a month

    Least cash to close
    Down payment
    $8,778
    Cash to close
    $16,302
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $111

  • Conventional, 5% down $2,151a month

    Down payment
    $12,540
    Cash to close
    $20,064
    Rate
    7.18%
    Mortgage insurance
    PMI · $119

  • Conventional, 20% down, no PMI $1,777a month

    Down payment
    $50,160
    Cash to close
    $57,684
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,009a month

    Down payment
    $37,620
    Cash to close
    $45,144
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Economy and for Beaver County.

Property tax

Effective rate in Economy

1.5%of the home’s value each year

$3,766 a year for the typical owner in Economy.

  • Economy 1.5%
  • Beaver 1.42%
  • Pennsylvania 1.3%

What Pennsylvania publishes Property Tax/Rent Rebate Program (PTRR) (Pennsylvania Department of Revenue)

Exemptions and deadlines in Pennsylvania

Flood risk in Beaver County

FEMA does not publish these numbers by city: they are for all of Beaver County.

Homes in the high-risk zone
1.2%
802
Of those, with NFIP insurance
20%
County Pennsylvania U.S.
Homes in the high-risk zone 1.2% 2% 3.5%
Of those, with NFIP insurance 20% 23% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Economy

Typical rent in Economy is $1,009 a month: 13% above the county.

HUD publishes a fair market rent for all of Beaver County, by unit size. To pay the 2-bedroom one ($1,389 a month) without spending more than 30% of your income, you would need to earn $26.71 an hour working full time.

HUD fair market rent for all of Beaver County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,075 $20.67 $43,000
1 bedroom $1,146 $22.04 $45,840
2 bedrooms $1,389 $26.71 $55,560
3 bedrooms $1,773 $34.10 $70,920
4 bedrooms $1,925 $37.02 $77,000

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Economy

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Economy has 3 ZIP codes with their own.

For 2 bedrooms it runs from $1,010 in 15005 to $2,080 in 15042.

2 of the 3 are above the fair market rent for Beaver County ($1,389).

  • 15005 $1,010$1,300
  • 15042 $2,080$2,650
  • 15143 $1,550$1,980

3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Economy when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Economy

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Beaver County; none says it serves in Spanish.

A man leans over the armchair to help a teenage girl with her book.

HUD counseling is free or low-cost

Assistance programs in Economy

No down payment, repair or rent-help program on our list is for Economy or Beaver County. The ones below are statewide in Pennsylvania: they work in Economy the same as in the rest of the state.

Which programs do I qualify for? All programs in Pennsylvania

Housing counselors near Economy

The HUD-approved agencies closest to the center of Economy, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Housing Opportunities, Inc.

    293 Pinney St, Rochester · 6 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (724) 728-7511

  • Credit.org - Pittsburgh, PA Branch

    322 N Shore Dr, Pittsburgh · 16 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (800) 431-8157

  • Urban League of Greater Pittsburgh

    332 5th Ave, Pittsburgh · 17 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (412) 227-4163

Every agency in Beaver County All counseling agencies in Pennsylvania

Help in Spanish near Economy

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Economy

HUD’s record names them for Economy or Beaver County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the County of Beaver Public housing and Section 8 vouchers (724) 775-1220

All housing agencies in Pennsylvania Source: HUD

Cities

Other cities in Beaver County

These cities are also in Beaver County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Beaver County Housing in Pennsylvania

Nearby cities

The cities closest to Economy, with the typical home value.

Neighboring counties

If Beaver County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Economy.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Economy

Short answers with the numbers for Economy and all of Beaver County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Economy?

The typical home value in Economy is $250,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Beaver County it is $190,900.

How much does it cost to rent in Economy?

Typical rent in Economy is $1,009 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Beaver County is $1,389.

What is the FHA loan limit in Economy?

Economy uses the FHA limit for all of Beaver County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Economy?

The typical homeowner in Economy pays $3,766 a year, according to the U.S. Census Bureau. That is 1.5% of the home’s value; in Beaver County, the rate is 1.42%.

Where can I find free help to buy or rent in Economy?

There is 1 HUD-approved counseling agency with an office in Beaver County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).