Town guide

Economy, Indiana

Economy is a town in Wayne County, Indiana, home to about 144 people across 0.1 square miles. It has no ZIP code of its own: it’s part of 47339.

Population1441,600 per sq mi
Median home value$56,100Census, as estimated by owners

ZIP codes in Economy

1 ZIP code, 1 shared with neighboring towns

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We’re writing up Economy’s story and what everyday life there is like, for people thinking about moving in.

  • History
  • What it’s like to live there
  • Getting around
  • Things to do

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Around Economy

Distances

Nearest major airportIndianapolis International Airport (IND)66 miles away
Closer regional airportJames M. Cox Dayton International Airport (DAY)46 miles away
Nearest city of 250,000+Indianapolis, IN58 miles away
Nearest city of 1 million+Chicago, IL187 miles away

Straight-line distances from the center of Economy; driving is longer.

Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.

Who represents Economy

Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.

Population over time

Economy had 145 residents in the 2020 census, down 28% since 2000.

It’s the 626th largest of 693 towns in Indiana by population.

Wayne County grew from 38,970 residents in 1900 to 66,553 in 2020.

Economy population by census2000: 200, 2010: 187, 2020: 145200200018720101452020

Wayne County, 1900–2020

Wayne County population, 1900 to 20201900: 38,970, 1910: 43,757, 1920: 48,136, 1930: 54,809, 1940: 59,229, 1950: 68,566, 1960: 74,039, 1970: 79,109, 1980: 76,058, 1990: 71,951, 2000: 71,097, 2010: 68,917, 2020: 66,55339K’00’1048K’20’3059K’40’5074K’60’7076K’80’9071K’00’1067K’20

Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).

Weather by month

Average highs peak around 85°F in summer, and winter lows average 20°F. About 42.9 inches of rain and melted snow fall in a typical year.

Average high and low temperature and precipitation by month near EconomyJan: high 36°F, low 20°F, 3.2 in; Feb: high 40°F, low 22°F, 2.3 in; Mar: high 51°F, low 31°F, 3.4 in; Apr: high 64°F, low 41°F, 4.3 in; May: high 74°F, low 52°F, 4.6 in; Jun: high 82°F, low 60°F, 4.8 in; Jul: high 85°F, low 64°F, 4.3 in; Aug: high 84°F, low 62°F, 3.3 in; Sep: high 78°F, low 54°F, 3.1 in; Oct: high 66°F, low 43°F, 3.2 in; Nov: high 52°F, low 33°F, 3.3 in; Dec: high 40°F, low 25°F, 3.1 in36°20°Jan3.240°22°Feb2.351°31°Mar3.464°41°Apr4.374°52°May4.682°60°Jun4.885°64°Jul4.384°62°Aug3.378°54°Sep3.166°43°Oct3.252°33°Nov3.340°25°Dec3.1Rain and melted snow, inches

Source: NOAA 1991–2020 climate normals, Richmond Wtr Wks, IN weather station (14 miles away).

Jobs in Wayne County

25,774 jobs at 1,453 businesses in Wayne County. The biggest industries by employees:

Largest industries in Wayne CountyHealth care and social assistance: 6,222 jobs; Manufacturing: 6,030 jobs; Retail trade: 3,391 jobs; Hotels and restaurants: 2,858 jobs; Administrative and support: 1,426 jobs; Other services: 819 jobs; Educational services: 815 jobs; Construction: 812 jobsHealth care and social assistance 24% Manufacturing 23% Retail trade 13% Hotels and restaurants 11% Administrative and support 6% Other services 3% Educational services 3% Construction 3%

Source: U.S. Census Bureau County Business Patterns 2022 (private employers; jobs counted where people work).

Health care

Nearest hospitals

  • Reid HealthGeneral hospital · emergency room · CMS rating 2 of 5 · Richmond13.3 miles
  • Ascension St. Vincent RandolphCritical access hospital · emergency room · Winchester14.5 miles
  • Henry County Memorial HospitalGeneral hospital · emergency room · CMS rating 4 of 5 · New Castle14.9 miles

Source: Hospitals from CMS Hospital General Information (ratings are CMS overall star ratings); straight-line distances.

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Where Economy is

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Towns near Economy

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Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.