Philadelphia: Economy & Jobs
Households in Philadelphia earn a median $61,953 (about the same as Philadelphia County median $61,953; 1.3× below Pennsylvania median $77,971), with homes at a median value of $243,100. The surrounding county supports 714,504 jobs (avg $83,187).
- $66,886 avg taxable income per return — similar than the median household income (vs Pennsylvania $73,856).
Income & Affordability
Median household income $61,953 — near the Pennsylvania median ($61,953). Poverty rate 21.4% (U.S. average ~12.5%).
| Affordability · Price To Income Ratio | 3.9× |
|---|---|
| Affordability · Rent To Income Pct | 27.1% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | affordable |
| Irs Income · IRS tax returns filed | $690,400 |
| Irs Income · Total Adjusted Gross Income (thousands) | $46,178,070 |
| Irs Income · Average AGI per return | $66,886 (vs Pennsylvania $73,856) |
| Income Estimate | $69,166 |
| Median Household Income | $61,953 (at Pennsylvania median) |
| Poverty Rate | 21.4% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | mixed |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | middle-class |
| Economic Character · Median Income | $61,953 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 5.2% — above the U.S. average of ~4%. 18% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 31.70 |
|---|---|
| Commuter Profile · Work From Home Pct | 18.4% |
| Commuter Profile · Profile | moderate commute |
| Employment · Avg annual employment (county) | 714,504 |
| Employment · Total annual wages (county) | $59,437,354,521 |
| Employment · Average annual pay | $83,187 |
| All Occupations · Employment | 5,948,490 |
| Unemployment Rate | 5.2% (vs Pennsylvania 4.0%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 7 |
|---|---|
| Agriculture · Land In Farms Acres | 5 |
| Agriculture · Avg Farm Size Acres | 70.0% |
| Agriculture · Top Commodities | Crop Totals, Vegetable Totals, Horticulture Totals, Animal Totals, Cut Flowers & Cut Cultivated G |
| Business Patterns · Establishments (employer count) | 29,876 |
| Business Patterns · Total Employees | 668,999 |
| Business Patterns · Annual Payroll Thousands | 46,258,335 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 670 |
|---|---|
| Local Businesses · Convenience Stores | 396 |
| Local Businesses · Liquor Stores | 182 |
| Local Businesses · Gas Stations | 193 |
| Local Businesses · Department Stores | 3 |
| Local Businesses · General Merchandise | 204 |
| Local Businesses · Clothing Stores | 117 |
| Local Businesses · Pet Stores | 40 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 1,178 |
|---|---|
| Dining Scene · Fast Food | 1,443 |
| Dining Scene · Bars | 366 |
| Dining Scene · Coffee Snacks | 451 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (20)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | Elegnate Grocery |
|---|---|
| Nearest Snap · Total In Area | 1,597 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $15,476,089,625 |
|---|---|
| Federal Spending · Per Capita | 9,649.66 (vs Pennsylvania $8,556) |
| Federal Spending · Population | 1,603,797 people (vs Pennsylvania 12,317) |
Sources: USAspending API
Other
| Job Training · Total count | 33 |
|---|---|
| Pct Drove Alone | 46.0% |
| Pct Public Transit | 7.1% |
| Pct Walked | 18.4% |
| Retirement Score · Median age | 35.3 years (vs Pennsylvania 36.8y) |
| Retirement Score · Ss Household Pct | 27.8% |
| Retirement Score · Hospitals Nearby | 10 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Affordable | Yes |
| Retirement Score · Factors | hospital access, VA nearby, affordable |
| Retirement Score · Rating | good |
Sources: IRS BMF keyword search · Census ACS 5-Year 2023 · Refreshed 2026-04-12