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Economy, jobs and prices in Philadelphia, Pennsylvania: official figures

The median household income in Philadelphia was $61,953 a year in the 2020-2024 American Community Survey (in 2024 dollars), 168th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Pennsylvania median $77,971.

Median household income
$61,953
2020-2024
Unemployment rate (ACS)
8.1%
2020-2024
Mean travel time to work
31.7 min
2020-2024
Median gross rent (monthly)
$1,397
2020-2024
Median home value (owner-occupied)
$243,100
2020-2024
Homes occupied by their owners
51.8%
2020-2024
Households with a broadband subscription
89.1%
2020-2024

What is the per capita income in Philadelphia?

Income per resident (per capita income) in Philadelphia averaged $38,905 a year in 2020-2024, 367th lowest of 823 US cities of 50,000 or more (US: $44,673; Pennsylvania: $44,355).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Philadelphia?

Philadelphia's Gini index of household income inequality was 0.513 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 64th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Philadelphia, Pennsylvania?

8.1% of the civilian labor force in Philadelphia was unemployed on average over 2020-2024 (66,252 people), 80th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Pennsylvania's 5.3%.

Source: U.S. Census Bureau · saved copy

What share of people in Philadelphia are working?

63.6% of Philadelphia's 1,279,069 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 279th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Philadelphia have jobs?

746,803 residents of Philadelphia held civilian jobs, 58.4% of those aged 16 and over (US: 59.7%), and 834 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Philadelphia?

The largest industry group for working residents of Philadelphia was education, health care and social assistance (32.4% of employed residents), followed by professional, scientific, management and administrative services (13.2%) and retail trade (9.3%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Philadelphia work in manufacturing?

Manufacturing employed 6.4% of working residents of Philadelphia, 200th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 13.2% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Philadelphia, Pennsylvania?

Commuters in Philadelphia took 31.7 minutes on average to get to work in 2020-2024, 87th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 12.0% travelled an hour or more and 14.4% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Philadelphia get to work?

18.4% of workers living in Philadelphia worked from home in 2020-2024, 252nd highest of 823 US cities of 50,000 or more (US: 15.1%). 46.0% drove to work alone, 7.8% carpooled, 16.7% used public transport and 7.1% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Philadelphia, Pennsylvania?

The median gross rent (rent plus utilities) in Philadelphia was $1,397 a month in 2020-2024, 317th lowest of 823 US cities of 50,000 or more (US: $1,413; Pennsylvania: $1,209).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Philadelphia?

Owner-occupied homes in Philadelphia had a median value of $243,100 in 2020-2024 as estimated by their owners, 183rd lowest of 823 US cities of 50,000 or more (US: $332,700; Pennsylvania: $254,500).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Philadelphia?

The median home value in Philadelphia was 3.9 times the median household income, 292nd lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Philadelphia, Pennsylvania own their home?

51.8% of the 679,428 occupied homes in Philadelphia were lived in by their owners in 2020-2024 and 327,523 were rented, 244th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Pennsylvania: 69.3%).

Source: U.S. Census Bureau · saved copy

What share of homes in Philadelphia have broadband?

89.1% of households in Philadelphia had a broadband internet subscription of some type in 2020-2024, 156th lowest of 823 US cities of 50,000 or more (US: 91.0%; Pennsylvania: 89.7%).

Source: U.S. Census Bureau · saved copy

How many households in Philadelphia have no internet?

7.9% of households in Philadelphia (53,901) had no internet access at home in 2020-2024, 137th highest of 823 US cities of 50,000 or more (US: 6.5%); 14.3% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Philadelphia compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Philadelphia ranks 656 of 823, highest first.

RankCityMedian household income (2024 dollars)
653Westland$62,076
654Albany$61,986
655Perth Amboy$61,977
656Philadelphia$61,953
657Lafayette$61,915
658Tamarac$61,718
659Newark$61,670
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Philadelphia ranks 457 of 823, highest first.

RankCityPer capita income (2024 dollars)
454Rancho Cordova$38,928
455Beaumont$38,913
456Redding$38,911
457Philadelphia$38,905
458Jacksonville$38,879
459Boynton Beach$38,859
460West Jordan$38,854
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Philadelphia ranks 64 of 823, highest first.

RankCityGini index of household income inequality
61Normal0.514
62Corvallis0.513
63Richmond0.513
64Philadelphia0.513
65Detroit0.513
66Tallahassee0.513
67Palm Desert0.512
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Philadelphia ranks 80 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
77Los Angeles8.2%
78Utica8.2%
79Providence8.2%
80Philadelphia8.1%
81Macon-Bibb County8.1%
82Jackson8.1%
83Lawton8.1%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Philadelphia ranks 545 of 823, highest first.

RankCityLabor force participation rate (16 and over)
542Boulder63.7%
543Alhambra63.7%
544San Buenaventura (Ventura)63.7%
545Philadelphia63.6%
546Skokie63.6%
547Citrus Heights63.6%
548New Haven63.6%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Philadelphia ranks 87 of 823, highest first.

RankCityMean travel time to work (minutes)
84Rockwall31.8
85Stockton31.7
86Jurupa Valley31.7
87Philadelphia31.7
88Alameda31.6
89Oak Park31.6
90Brockton31.5
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Philadelphia ranks 252 of 823, highest first.

RankCityWorkers who worked from home
249Diamond Bar18.4%
250Rowlett18.4%
251Chino Hills18.4%
252Philadelphia18.4%
253Livonia18.4%
254Columbus18.3%
255Bloomington18.2%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Philadelphia ranks 20 of 823, highest first.

RankCityWorkers commuting by public transportation
17San Francisco18.7%
18Cambridge18.0%
19Chicago17.7%
20Philadelphia16.7%
21Quincy16.3%
22Everett16.2%
23New Rochelle16.2%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Philadelphia ranks 624 of 823, highest first.

RankCityEmployed residents working in manufacturing
621Corpus Christi6.5%
622Savannah6.4%
623Avondale6.4%
624Philadelphia6.4%
625Tucson6.4%
626Richland6.4%
627Alpharetta6.4%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Philadelphia ranks 37 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
34Clovis32.9%
35Santa Cruz32.7%
36Edinburg32.7%
37Philadelphia32.4%
38Brockton32.4%
39Skokie32.3%
40Peoria32.3%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Philadelphia ranks 507 of 823, highest first.

RankCityMedian gross rent per month
504Asheville$1,402
505Salem$1,400
506Rochester$1,399
507Philadelphia$1,397
508Wilmington$1,395
509Lakeland$1,395
510Gallatin$1,395
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Philadelphia ranks 641 of 823, highest first.

RankCityMedian value of owner-occupied homes
638Columbus$244,200
639Stonecrest$243,500
640Sherman$243,500
641Philadelphia$243,100
642Kansas City$242,900
643Duluth$242,700
644Bowling Green$241,900
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Philadelphia ranks 529 of 820, highest first.

RankCityMedian home value as a multiple of median household income
526Grand Forks3.9x
527Waxahachie3.9x
528Huntersville3.9x
529Philadelphia3.9x
530West Haven3.9x
531Maricopa3.9x
532Downers Grove3.9x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Philadelphia ranks 580 of 823, highest first.

RankCityOccupied homes lived in by their owners
577Asheville51.9%
578Fullerton51.8%
579Tucson51.8%
580Philadelphia51.8%
581Sacramento51.7%
582Vista51.7%
583Fort Collins51.6%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Philadelphia ranks 668 of 823, highest first.

RankCityHouseholds with a broadband subscription
665Yakima89.2%
666Cincinnati89.1%
667Chicago89.1%
668Philadelphia89.1%
669Palm Coast89.1%
670East Orange89.1%
671Racine89.1%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Philadelphia ranks 137 of 823, highest first.

RankCityHouseholds with no internet access
134Cleveland8.0%
135Winston-Salem8.0%
136Norfolk7.9%
137Philadelphia7.9%
138Mission7.9%
139Battle Creek7.9%
140Odessa7.9%
Source: U.S. Census Bureau · saved copy

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Sources

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