The objectives of this study were to test geothermal conductivity (k), water velocity, water quantity, and pipe pressure from a ground heat exchanger in the field, and then to analyze these data in relation to the effectiveness and economical efficiency for application of geothermal energy. After installation of the apparatus required for field tests, geothermal conductivity values were obtained from three different cases (second, third, and fourth). The k values of the second case (506 m depth) and third case (151 m depth) are approximately 2.9 and 2.8, respectively. The k value of the fourth case (506 m depth, double pipe) is 2.5, which is similar to the second and third cases. This result indicates that hole depth is a critical factor for geothermal applications. Analysis of the field data (k, water velocity, water quantity, and pipe pressure) reveals that a single geothermal system at 506 m depth is more economically efficient than three geothermal systems at depths intervals of 151 m. Although it is more expensive to install a geothermal system at 506 m depth than at 151 m depth, test results showed that the geothermal system of the fourth case (506 m, double pipe) is more economically efficient than the system at 151 m depth. Considering the optional cost of maintenance, which is a non-operational expense, the geothermal system of the fourth case is economically efficient. Large cities and areas with high land prices should make greater use of geothermal energy.