Beaver Falls vs Economy

A side-by-side comparison of Beaver Falls and Economy: population, income, housing, and more.

Beaver Falls and Economy are places in Pennsylvania. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Economy has the higher population (9,042 vs 8,885 in Beaver Falls). Economy has the higher median household income ($94,430 vs $48,462 in Beaver Falls). Economy has the higher median home value ($244,700 vs $92,900 in Beaver Falls).

Population, income & housing

	Beaver Falls	Economy
Population	8,885	9,042
Median age	32.2 yrs	50.8 yrs
Median household income	$48,462	$94,430
Median home value	$92,900	$244,700
Median gross rent	$740	$907
Housing units	3,890	3,959
Homeownership rate	49.8%	93.7%
Bachelor's degree or higher	20.5%	38.2%
Unemployment rate	9.1%	3.1%

Trends (ACS 5-year, 2019–2023)

	Beaver Falls	Economy
Population	8,464 → 8,885 (+5.0%)	9,182 → 9,042 (-1.5%)
Median household income	$32,899 → $48,462 (+47.3%)	$81,938 → $94,430 (+15.2%)
Median home value	$70,600 → $92,900 (+31.6%)	$183,100 → $244,700 (+33.6%)
Median gross rent	$631 → $740 (+17.3%)	$700 → $907 (+29.6%)

Beaver Falls

Population

8,4648,885

Median household income

$32,899$48,462

Median home value

$70,600$92,900

Median gross rent

$631$740

Economy

Population

9,1829,042

Median household income

$81,938$94,430

Median home value

$183,100$244,700

Median gross rent

$700$907

Age & race/ethnicity

Age distribution (share)

	Beaver Falls	Economy
Under 5	7.6%	4.2%
5 to 17	16.9%	11.8%
18 to 24	16.3%	4.5%
25 to 34	14.7%	11.2%
35 to 44	10.1%	9.9%
45 to 54	7.8%	13.8%
55 to 64	11.4%	16.0%
65 to 74	8.6%	18.7%
75 and over	6.5%	9.9%

Race & ethnicity (share)

	Beaver Falls	Economy
White (non-Hispanic)	65.3%	93.9%
Black or African American	25.3%	1.2%
American Indian & Alaska Native	0.0%	0.0%
Asian	1.3%	0.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.1%	0.1%
Two or more races	4.5%	4.0%
Hispanic or Latino	3.4%	0.7%

Educational attainment (age 25+)

Share of adults 25+

	Beaver Falls	Economy
No high school diploma	9.4%	1.7%
High school graduate	44.3%	30.6%
Some college or associate's	25.7%	29.6%
Bachelor's degree	13.0%	22.8%
Graduate or professional degree	7.6%	15.4%

Commute to work

How workers get to work (share)

	Beaver Falls	Economy
Drove alone	65.7%	77.2%
Carpooled	12.0%	5.0%
Public transit	5.2%	0.0%
Walked	10.0%	1.2%
Bicycle	0.9%	0.0%
Worked from home	5.9%	15.8%
Other means	0.4%	0.8%

Housing

Units in structure (share)

	Beaver Falls	Economy
1-unit, detached	59.7%	93.7%
1-unit, attached	8.8%	3.5%
2 to 4 units	14.8%	0.0%
5 to 19 units	10.1%	0.0%
20 or more units	6.6%	0.0%
Mobile home & other	0.1%	2.8%

Poverty & households

	Beaver Falls	Economy
Poverty rate	21.7%	4.3%
Average household size	2.32	2.39
Mean commute (minutes)	21	29
Median year structure built	1938	1972