Economy, IN Demographics

A map of Economy's Population by Race

Race	2024 Pop	2020 Pop	2024 %	2020 %
White	124	137	86.1%	94.5%
Hispanic	13	3	9.0%	2.1%
Multiracial	7	3	4.9%	2.1%
Black	0	0	0.0%	0.0%
Asian	0	0	0.0%	0.0%
Native American/Other	0	2	0.0%	1.4%

Economy, Indiana has an estimated population of 144, a less than 1% change from the 145 recorded in the 2020 Census. The population is 86.1% White, 9.0% Hispanic, 4.9% Multiracial, 0.0% Black, 0.0% Asian, and 0.0% Native American/Other. This demographic dot map shows the population of Economy, with one dot drawn for each person counted by the Census, color-coded by race.

Economy has become considerably more racially diverse since the 2020 Census. It is considerably less diverse than Indiana overall. Demographers use a diversity index to measure the probability that two randomly selected individuals belong to different racial or ethnic groups. In Economy, that probability was 10.6% in 2020 and 24.8% in the most recent ACS estimates.

Economy is ranked the 787th most populous place in Indiana, out of 976 places. This ranking is based on the Census definition of a place, which includes incorporated places like cities, towns, and villages, as well as unincorporated census-designated places (CDPs). Economy was ranked the 626th most populous place in the 2020 Census.

Economy's White Population

124 residents of Economy, or 86.1% of the population, identify as White. The share of White residents in Economy is considerably higher than in Indiana overall, where 75.4% of the population is White. Economy ranks 150th statewide in terms of White residents as a share of the population, out of 976 places.

Since the 2020 Census, Economy's White population has declined by an estimated 9.5%. White residents' share of Economy's population has decreased from 94.5% to 86.1%.

Economy is less White than neighboring Modoc (95.6% White), Hagerstown (94% White), Greens Fork (93.1% White), Losantville (98.7% White), and Lynn (95.9% White).

Economy's Black Population

0 residents of Economy, or 0.0% of the population, identify as Black. The share of Black residents in Economy is lower than in Indiana overall, where 9.1% of the population is Black. Economy ranks 517th statewide in terms of Black residents as a share of the population, out of 976 places.

Since the 2020 Census, Economy's Black population has grown from 0 to an estimated 0. Black residents' share of Economy's population has remained roughly unchanged at 0.0%.

Economy's Asian Population

0 residents of Economy, or 0.0% of the population, identify as Asian. The share of Asian residents in Economy is slightly lower than in Indiana overall, where 2.6% of the population is Asian. Economy ranks 492nd statewide in terms of Asian residents as a share of the population, out of 976 places.

Since the 2020 Census, Economy's Asian population has grown from 0 to an estimated 0. Asian residents' share of Economy's population has remained roughly unchanged at 0.0%.

Economy is less Asian than neighboring Hagerstown (0.2% Asian), and Lynn (0.2% Asian).

Economy's Hispanic Population

13 residents of Economy, or 9.0% of the population, identify as Hispanic. The share of Hispanic residents in Economy is comparable to the share in Indiana overall, where 8.6% of the population is Hispanic. Economy ranks 433rd statewide in terms of Hispanic residents as a share of the population, out of 976 places.

Since the 2020 Census, Economy's Hispanic population has grown by an estimated 333.3%. Hispanic residents' share of Economy's population has increased from 2.1% to 9.0%.

Economy is more Hispanic than neighboring Modoc (0% Hispanic), Hagerstown (4.4% Hispanic), Greens Fork (0.9% Hispanic), Losantville (0.4% Hispanic), and Lynn (0% Hispanic).

Economy's Native American/Other Population

0 residents of Economy, or 0.0% of the population, identify as American Indian/Alaska Native/Native Hawaiian/Pacific Islander/Other. The share of Native American/Other residents in Economy is comparable to the share in Indiana overall, where 0.5% of the population is Native American/Other. Economy ranks 38th statewide in terms of Native American/Other residents as a share of the population, out of 976 places.

Since the 2020 Census, Economy's Native American/Other population has declined by an estimated 100.0%. Native American/Other residents' share of Economy's population has decreased from 1.4% to 0.0%.

Economy is less Native American/Other than neighboring Modoc (1.1% Native American/Other), Greens Fork (0.9% Native American/Other), Losantville (0.4% Native American/Other), and Lynn (0.3% Native American/Other).

Economy's Multiracial Population

7 residents of Economy, or 4.9% of the population, identify as Multiracial. The share of Multiracial residents in Economy is comparable to the share in Indiana overall, where 3.8% of the population is Multiracial. Economy ranks 589th statewide in terms of Multiracial residents as a share of the population, out of 976 places.

Since the 2020 Census, Economy's Multiracial population has grown by an estimated 133.3%. Multiracial residents' share of Economy's population has increased from 2.1% to 4.9%.

Economy is more Multiracial than neighboring Modoc (3.3% Multiracial), Hagerstown (1.3% Multiracial), Losantville (0.4% Multiracial), and Lynn (3.6% Multiracial). Economy is less Multiracial than neighboring Greens Fork (5% Multiracial).

Sources: Most recent population estimates are from the 2020-2024 American Community Survey 5-Year Estimates. 2020 population counts and map data are from 2020 Census State Redistricting Data. Geographic data are from Census TIGER/Line Shapefiles.