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Economy, Pennsylvania

Economy, Pennsylvania
Borough
Fields at Old Economy County Park
Fields at Old Economy County Park
Location in Beaver County and state of Pennsylvania
Location in Beaver County and state of Pennsylvania
Coordinates: 40°38′18″N 80°11′06″W / 40.63833°N 80.18500°W / 40.63833; -80.18500Coordinates: 40°38′18″N 80°11′06″W / 40.63833°N 80.18500°W / 40.63833; -80.18500
Country United States
State Pennsylvania
County Beaver
Settled 1827
Incorporated 1957
Government
 • Type Borough Council
Area
 • Total 17.8 sq mi (46 km2)
Elevation 971 ft (296 m)
Population (2010)
 • Total 8,970
 • Density 529.0/sq mi (204.2/km2)
Time zone Eastern (EST) (UTC-5)
 • Summer (DST) EDT (UTC-4)
Zip code 15005
Area code(s) 724

Economy is a borough in Beaver County, Pennsylvania, United States. The population was 8,970 at the 2010 census.

Economy was established in 1825 by a Harmonist society, and named to indicate the principles of their government and their habits of living.

Economy is located at 40°38′18″N 80°11′6″W / 40.63833°N 80.18500°W / 40.63833; -80.18500 (40.638466, -80.184891).

According to the United States Census Bureau, the borough has a total area of 17.8 square miles (46 km2), of which, 17.7 square miles (46 km2) of it is land and 0.1 square miles (0.26 km2) of it (0.39%) is water.

As of the census of 2000, there were 9,363 people, 3,528 households, and 2,854 families residing in the borough. The population density was 529.0 people per square mile (204.2/km²). There were 3,629 housing units at an average density of 205.0 per square mile (79.2/km²). The racial makeup of the borough was 98.33% White, 0.66% African American, 0.10% Native American, 0.28% Asian, 0.13% from other races, and 0.50% from two or more races. Hispanic or Latino of any race were 0.44% of the population.


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