Philadelphia, Pennsylvania is a large city with a population of 1,559,938 residents. In Philadelphia, there are 11,626 people per square mile, which is well above the national population density average. Philadelphia is known to be an ethnically diverse city. The two most common races are White (41%) and Black or African American (43%).
Living in Philadelphia can be a good experience for anyone relocating to the area. Having said that, in the state of Pennsylvania, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like amenities, crime, cost of living, employment, housing and other key data points, finding the best places to live in Philadelphia and in the areas around Philadelphia is a much easier task.
Philadelphia has a livability score of 76 out of 100 and is ranked #259 in Pennsylvania and #2,601 in the USA. Compared to the national average, Philadelphia ranks among some of the best places to live in the country! Philadelphia also ranks in the top 10 percent of all cities, which is no small feat! There are seven total categories that generate the livability score. Philadelphia scores well for cost of living (B) and housing (B+). There is at least one category that you should be aware of in Philadelphia. The following was graded with a discouraging score: crime (F).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, shops, etc., Philadelphia has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: Philadelphia Museum of Art, City Food Tours Philadelphia, and Independence Hall.
Finding affordable real estate and apartments for rent in Philadelphia can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Philadelphia real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Philadelphia. Median real estate prices in Philadelphia come in at $147,300, which is 12.2% lower than the Pennsylvania average. The home price to income ratio compares the median home prices to the median household income. In Philadelphia, the home price to income ratio is 3.7, which is 19.4% higher than the Pennsylvania average.
Statistic | Philadelphia | Pennsylvania | National |
Average one way commute | 33min | 26min | 26min |
Workers who drive to work | 50.8% | 76.5% | 76.4% |
Workers who carpool | 8.6% | 8.5% | 9.3% |
Workers who take public transit | 25.7% | 5.6% | 5.1% |
Workers who bicycle | 2.1% | 0.5% | 0.6% |
Workers who walk | 8.2% | 3.8% | 2.8% |
Working from home | 3.3% | 4.2% | 4.6% |
Walk | Bike | Compact | Car | S.U.V. | |
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Cost/Month |