Economy, PA Real Estate
According to census data in the year 2000 there were 3,629 housing units in Economy.
This represents a 7.6% growth from 3,373 in 1990.
Of those housing units, 2,602 were located in either urbanized areas or urban clusters, and 1,027 were located in what is classified as a rural area.
Homeownership rate in Economy is about 94.7%.
Economy's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Economy were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.70% |
| Two Bedrooms | 18.60% |
| Three Bedrooms | 58.60% |
| Four Bedrooms | 18.60% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $112,600 |
| Median Price asked for vacant units | $96,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 15.50% |
| Simple Mortgage | 40.10% |
| Debt Free | 37.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
