Economy vs Monaca

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

Economy and Monaca 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 5,557 in Monaca). Economy has the higher median household income ($94,430 vs $64,839 in Monaca). Economy has the higher median home value ($244,700 vs $142,100 in Monaca).

Population, income & housing

	Economy	Monaca
Population	9,042	5,557
Median age	50.8 yrs	39.0 yrs
Median household income	$94,430	$64,839
Median home value	$244,700	$142,100
Median gross rent	$907	$773
Housing units	3,959	2,651
Homeownership rate	93.7%	62.1%
Bachelor's degree or higher	38.2%	22.8%
Unemployment rate	3.1%	6.9%

Trends (ACS 5-year, 2019–2023)

	Economy	Monaca
Population	9,182 → 9,042 (-1.5%)	5,521 → 5,557 (+0.7%)
Median household income	$81,938 → $94,430 (+15.2%)	$39,974 → $64,839 (+62.2%)
Median home value	$183,100 → $244,700 (+33.6%)	$122,000 → $142,100 (+16.5%)
Median gross rent	$700 → $907 (+29.6%)	$601 → $773 (+28.6%)

Economy

Population

9,1829,042

Median household income

$81,938$94,430

Median home value

$183,100$244,700

Median gross rent

$700$907

Monaca

Population

5,5215,557

Median household income

$39,974$64,839

Median home value

$122,000$142,100

Median gross rent

$601$773

Age & race/ethnicity

Age distribution (share)

	Economy	Monaca
Under 5	4.2%	6.2%
5 to 17	11.8%	18.5%
18 to 24	4.5%	5.2%
25 to 34	11.2%	14.6%
35 to 44	9.9%	14.0%
45 to 54	13.8%	12.7%
55 to 64	16.0%	10.4%
65 to 74	18.7%	10.0%
75 and over	9.9%	8.3%

Race & ethnicity (share)

	Economy	Monaca
White (non-Hispanic)	93.9%	87.9%
Black or African American	1.2%	1.9%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.1%	0.4%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.1%	0.0%
Two or more races	4.0%	5.6%
Hispanic or Latino	0.7%	4.2%

Educational attainment (age 25+)

Share of adults 25+

	Economy	Monaca
No high school diploma	1.7%	6.5%
High school graduate	30.6%	38.1%
Some college or associate's	29.6%	32.6%
Bachelor's degree	22.8%	17.1%
Graduate or professional degree	15.4%	5.7%

Commute to work

How workers get to work (share)

	Economy	Monaca
Drove alone	77.2%	78.2%
Carpooled	5.0%	4.6%
Public transit	0.0%	0.7%
Walked	1.2%	2.0%
Bicycle	0.0%	0.0%
Worked from home	15.8%	13.5%
Other means	0.8%	1.0%

Housing

Units in structure (share)

	Economy	Monaca
1-unit, detached	93.7%	76.4%
1-unit, attached	3.5%	2.2%
2 to 4 units	0.0%	9.8%
5 to 19 units	0.0%	5.2%
20 or more units	0.0%	6.2%
Mobile home & other	2.8%	0.2%

Poverty & households

	Economy	Monaca
Poverty rate	4.3%	15.9%
Average household size	2.39	2.33
Mean commute (minutes)	29	24
Median year structure built	1972	1951