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The phrase "economically privileged" is correct and usable in written English.
You can use it to describe people or groups who have financial advantages in comparison to other people or groups. For example, "The economically privileged elites own the majority of the world's wealth."
Exact(52)
They are now shaped by different sets of actors, follow economic logics, benefit only small groups of the economically privileged at the cost of the majority, and support the accumulation of power of the nation-state authorities.
Women still perform more housework; colleges still favor the economically privileged.
Though Joe identifies as Creole, and Cora and Del are biracial, they are economically privileged.
Such derision is so pervasive that it's often imperceptible to the economically privileged.
Unfortunately, scandals have weakened their moral authority to do so.The state needs credibility even more to withdraw protection from the economically privileged.
Like Scout, Harriet has an absent — in her case, uninvolved — mother; comes from an economically privileged family; and is contemptuous of frailty and friendly with filth.
Similar(8)
East and South-Asian children tend to be socio-economically privileged, whereas South-East Asian and Filipino children tend to be disadvantaged.
This was not always due to his skin color, but because people in these foreign countries often assumed that he was socio-economically privileged merely because of his American nationality.
Women with relatively high care consumption generally lived in socio-economically privileged areas (better education levels, employment status and housing conditions) compared with women with few or no prenatal care.
Within the space of one conversation my embodied presence and experience as a young person, a student, a woman, a daughter bereaved of father and a person socio-economically privileged emerged, dissolved, merged and shifted in unique and temporally situated ways, illustrating the fluctuating and interactive nature of embodiment.
And at my institution, the fee-paying culture has given rise to a predominantly white, economically-privileged, middle class student body, in which any diversity of religious or non-religious students has been overpowered by a particularly influential form of evangelical Christianity.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com