Economy, IN (ZIP 47339) has a moderate disaster history with 35 recorded events. These include 20 hailstorms, 5 floods, and 4 blizzards. Total documented property damage amounts to $1.4M. A total of 4 injuries have been reported across all events.
With 20 recorded incidents (57% of all events), hailstorms are the leading natural hazard for this ZIP code. Hail-related events have caused a combined $114K in documented property damage. The most recent recorded hailstorm occurred on Aug 7, 2021.
Economy has experienced 5 floods on record. Flood-related events have caused a combined $32.5K in documented property damage. The most recent recorded flood occurred on Jun 19, 2014.
Economy has experienced 4 blizzards on record. Of these, 4 (100%) were rated at severity level 4 or 5 — the most intense on the normalized scale. The highest recorded severity for winter storm events here is 5/5 (extreme). Winter storm events have caused a combined $300K in documented property damage. The most recent recorded blizzard occurred on Jan 12, 2016.
Economy has experienced 4 tornadoes on record. Tornado-related events have caused a combined $282.5K in documented property damage. The most recent recorded tornado occurred on Jun 11, 1998.
Economy has experienced 2 extreme cold events on record. One event reached severity level 4 or 5 on the normalized scale. The highest recorded severity for cold-related events here is 4/5 (severe). Cold-related events have caused a combined $640K in documented property damage. The most recent recorded extreme cold event occurred on Apr 6, 2007.
The most significant disaster event on record for Economy was Frost/Freeze on Apr 6, 2007, which caused $620K in property damage. Another major event was EF1 Tornado (Aug 2, 1972), causing $250K in damages.
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Based on federal and state records, ZIP code 47339 has experienced 35 natural disaster events. The hazard types affecting this area include hailstorms (20 events), floods (5 events), blizzards (4 events), tornadoes (4 events), and extreme cold events (2 events). The primary hazard is hailstorms, which account for 57% of all recorded events.
Hailstorms are the most frequently recorded hazard in Economy, IN, with 20 events documented. These events have caused a combined $114K in property damage.
Yes, Economy (ZIP 47339) has 5 recorded flood events. These floods have caused $32.5K in total property damage. The most recent flood on record occurred on Jun 19, 2014.
Economy has 4 recorded tornado events in the historical record. The strongest tornado recorded reached severity level 3/5 on the normalized scale. Total property damage from tornadoes in this area is $282.5K. The most recent tornado was recorded on Jun 11, 1998.
The most damaging natural disaster on record for ZIP code 47339 was Frost/Freeze, which occurred on Apr 6, 2007. This event caused $620K in documented property damage. It was rated at severity level 4/5.
Natural disasters have caused a documented total of $1.4M in property damage in the Economy, IN area (ZIP 47339). This figure is based on historical records from FEMA, NOAA Storm Events Database, and USGS, and covers events from the 1950s through the present. Actual damages may be higher, as not all events have complete damage assessments.
Data sourced from FEMA (disaster declarations, NFIP flood claims), NOAA Storm Events Database, USGS Earthquake Hazards Program, and NIFC wildfire records. Historical coverage varies by source, with most records beginning in the 1950s–1970s. Full methodology →