Photo: Stickman42 · CC BY-SA 4.0Economy spent less per resident in 2022 than 85% of similar cities
Economy’s town government spent $26,000 on day-to-day services in the year to December 31, 2022, about $149 per resident.
What stands out about how Economy is run
Read from the town’s budget and official records.
$149 per resident in 2022: less than 85% of them
Economy’s day-to-day spending in 2022 ($149 per resident, hospital and utilities left out) against 363 Indiana cities of under 2,500 that don’t run their own schools: the median was $586, and the middle half spent $300–$967. Economy spent less than 85% of them.
Includes sewer and trash ($14,000), as the Census Bureau counts them. Later years come from a Census sample, so the comparison stays on 2022. How Town Hall compares budgets →
Indiana cities of under 2,500 that don’t run their own schools, 2022 Census of Governments (every government counted that year; Economy itself left out).
About $149 per resident a year, or $0.41 a day
Day-to-day services only. The biggest line: sewer & trash, at 54%.
Thank you for being a neighbor
No trend yet
Economy reported only 2022 to the Census Bureau, so there is no trend yet.
The typical homeowner pays $444 a year
Every local property tax on the home: town, schools and county. About 0.79% of the home’s value, vs 0.74% across Indiana.
Typical yearly bill next door and statewide
The Housing page’s calculator splits a monthly payment into loan, tax and insurance at Economy’s rate.
Can I afford it? →The median bill homeowners report to the Census survey (bills of $10,000+ are reported as “$10,000+”). The effective rate is that bill ÷ the median home value: a rough guide, not the official tax rate. In a town this small the estimate has a wide margin.
Tax bills are one input to Economy’s Cost of living grade. Cost of living in Economy →
Who’s in charge in Economy
Names change after every election, so we link to the source that keeps them current.
Nettle Creek School Corporation
Economy’s K–12 school district, shared with Clay Township, Dalton Township, Greens Fork, Hagerstown, Harrison Township and more. It’s its own government, with a budget separate from the town’s.
Of the $10,957 per pupil, $5,918 goes to the classroom (teachers, aides, supplies); the rest to buses, buildings, counselors and administration. Building projects and debt payments aren’t in the per-pupil figure.
Indiana districts overall: 33% local, 56% state, 11% federal.
School year 2023–24. Census Bureau school finance survey.
From town hall to Washington
Every level of government that speaks for Economy.
- 1Your townTown governmentLocal officials aren’t on record yet.
- 2Indiana HouseState representatives
- 3Indiana SenateState senator
- 4GovernorStatewide
- 5U.S. HouseYour representative in Congress
- 6U.S. SenateBoth represent all of Indiana
Democrat · Republican · other or independent. Tap a name for their official page.
Reach Economy’s government
Neighbors add phone numbers and hours to the Handbook.
Questions about Economy’s government
How much does Economy spend per resident?
About $149 per resident on day-to-day services in the year to December 31, 2022, as reported to the Census Bureau. In 2022, the last full count, its $149 was less than 85% of 363 Indiana cities of under 2,500 that don’t run their own schools.
What is the property tax rate in Economy?
Homeowners report a typical bill of $444 a year (Census ACS, 2020–24), about 0.79% of the typical home’s value, vs 0.74% across Indiana. For the official rate per $1,000 of assessed value, see the town’s assessor.
Who runs Economy’s government?
We name an official only when a public source lists a current term, and none does for Economy yet.
How many people work for Economy?
0 full-time and 4 part-time employees in March 2022, with a March payroll of $412 (about $4,944 a year if every month were the same), as reported to the Census Bureau.
Who represents Economy in the state legislature?
State Senate District 27 (Jeff Raatz) and State House District 56 (Brad Barrett). The House district also covers 29 other towns. Listed by Open States; districts from the Census Bureau.
Ask neighbors about Economy’s government
Neighbors who’ve been to the meetings can help.
Budget and staff: U.S. Census Bureau, Census of Governments (2022, every government) and Annual Survey of State and Local Government Finances (2023–24, a sample) and the Annual Survey of Public Employment & Payroll; day-to-day spending is current operations, with hospitals, utilities and airports apart. School district: Census school finance survey, 2023–24. Property tax: Census American Community Survey, 2020–24. Elections: official 2024 returns via the MIT Election Data + Science Lab; turnout uses Census citizen voting-age population (CVAP, 2020–24). Officials: Open States, names shown only with a current term (checked October 9, 2026). Districts: Census Bureau (119th Congress, 2024 state districts); legislators: Open States and congress-legislators. How Town Hall works →