What are the schools like in Economy, IN?

School district data for Economy is sourced from the National Center for Education Statistics (NCES).

What is the median household income in Economy?

The median household income in Economy, IN is $50,000 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 5.7%.

What is the weather like in Economy, IN?

Economy has an average high temperature of 33.8°F in January and 82.4°F in July. Annual precipitation averages 42.7 inches and annual snowfall averages 24.8 inches.

Economy, IN Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Economy, IN affordable or expensive?

Economy's cost of living index is 89, where 100 represents the national average. This means Economy is 11% less expensive than the average US city. The median home value is $60,000 and the median rent is $820 per month.

Q: What is the crime rate in Economy, IN?

Crime rate data for Economy is not currently available from the FBI's reported data.

Is Economy, IN a Good Place to Live?

Economy is a small town of 131 in Indiana, with a median household income of $50,000 and a 5.7% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.

Strengths: Economy stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Economy is right for you depends on your priorities — the full breakdown is below.

All Economy city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 88.7

Economy's overall cost of living index is 88.7, where 100 represents the US national average. Living in Economy costs roughly 11% less than the average American city.

Metric	Economy, IN	National Avg
Median Home Value	$60,000	$244,900
Median Monthly Rent	$820	$1,163
Homeownership Rate	74.1%	65.9%
Median Household Income	$50,000	$74,755

Crime & Safety

Crime data for Economy is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric	Economy, IN	National Avg
School District	N/A	—
Elementary Schools	N/A	—
Middle Schools	N/A	—
High Schools	N/A	—
Student/Teacher Ratio	N/A	16:1
Bachelor's Degree or Higher	11.5%	35.4%
High School Diploma or Higher	85.1%	91.1%

Weather & Climate

Economy sees average highs of 33.8°F in January and 82.4°F in July, with 42.7 inches of annual precipitation and 24.8 inches of snow per year.

Metric	Economy, IN
Average High — January	33.8°F
Average High — July	82.4°F
Annual Precipitation	42.7"
Annual Snowfall	24.8"

Demographics

Metric	Economy, IN	National Avg
Population	131	—
Median Age	38.3	38.9
Unemployment Rate	5.7%	3.7%
Avg Commute Time	26.1 min	26 min
White (non-Hispanic)	96.9%	59.3%
Black or African American	0.0%	13.6%
Hispanic or Latino	0.0%	18.9%
Asian	0.0%	6.3%
Under 18	24.4%	22.2%
65 and over	21.4%	16.8%

Nearby Cities

Williamsburg, IN 5 mi Modoc, IN 5 mi Hagerstown, IN 6 mi Losantville, IN 6 mi Greens Fork, IN 6 mi

ZIP Codes in Economy

Economy, IN is covered by 1 ZIP code:

47339

Economy vs Other Cities

Economy, IN vs Williamsburg, IN Economy, IN vs Modoc, IN Economy, IN vs Hagerstown, IN Economy, IN vs Losantville, IN Economy, IN vs Greens Fork, IN

Frequently Asked Questions

Is Economy, IN affordable or expensive?

Economy's cost of living index is 89, where 100 is the national average. That makes Economy roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $60,000 and median rent is $820/month.

What is the crime rate in Economy, IN?

Crime data for Economy is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.

What are the schools like in Economy?

School district information is sourced from NCES Common Core of Data.

Is Economy, IN a good place to live?

Economy, IN has a population of 131, a median household income of $50,000, and an unemployment rate of 5.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Economy?

Economy averages 33.8°F in January and 82.4°F in July. Annual rainfall is 42.7 inches with about 24.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Economy?

Economy, IN is covered by 1 ZIP code: 47339.

What is the population of Economy?

The population of Economy, Indiana is 131 with a median age of 38.3. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Economy?

Key numbers for living in Economy: cost of living index 89 (100 = US average), median home $60,000, median household income $50,000. Whether these are benefits or drawbacks depends on where you're coming from — compare Economy side by side with your current city to see the trade-offs.