Philadelphia County Real Estate and Livability Trends

Philadelphia County, Pennsylvania has observed a rise in average taxable income per tax return from $45,577.17 to $66,147.24 over the past nine years, hinting at improving economic conditions and potential inflows of higher-income residents. Median home values have climbed to $215,500 in 2022, suggesting significant appreciation potential, although property taxes have surged from $2,558.23 in... Read more

Economic Outlook

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Over the past nine years, Philadelphia County, Pennsylvania has seen average taxable income per tax return increase from $45,577.17 to $66,147.24, suggesting improving economic conditions or possible influxes of higher-income residents. This growth could signal promising economic stability for potential investors and homebuyers. Meanwhile, state and local income taxes have nearly doubled over the last decade, reaching $15,085.92 by 2021, indicating rising costs that might impact financial... Read more

Average Taxable Income per Tax Return in Philadelphia County, PA over the last 9 years

Over the past nine years, average taxable income per tax return in Philadelphia County, Pennsylvania has shown a generally upward trend, increasing from $45,577.17 in 2013 to $66,147.24 in 2021. This steady growth, particularly the significant jump between 2020 and 2021, could indicate strengthening economic conditions and potentially a rise in higher-income individuals or better job opportunities in the area. For those looking to invest in or move to Philadelphia County, this consistent increase may suggest potential for economic stability and growth. Appraisers and real estate agents might find this data useful in understanding property value trends, while insurance agents can gauge potential shifts in client demographics and income levels.

Cost of Living in Philadelphia County

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$1,663 $1,657 $1,570 $2,020 $1,472
1 adult
4 children
$1,663 $1,353 $1,205 $2,020 $1,603
2 adults
3 children
$1,663 $1,354 $1,360 $2,020 $1,253
1 adult
3 children
$1,663 $1,105 $995 $2,020 $1,375
2 adults
2 children
$1,366 $1,108 $1,150 $1,768 $1,029
1 adult
2 children
$1,366 $828 $785 $1,768 $1,045
2 adults
1 child
$1,366 $876 $940 $948 $898
1 adult
1 child
$1,366 $566 $575 $948 $774
2 adults
$1,132 $703 $730 $0 $681
1 adult
$1,005 $384 $365 $0 $562

Safety trends & Data

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Philadelphia County, Pennsylvania has experienced notable fluctuations in property crime over the past five years, with larceny-theft peaking at 4,066 in 2018 before dropping to 2,076 in 2022. Burglary rates showed a significant decline from 995 in 2018 to 471 in 2021, slightly increasing to 673 in 2022. Motor vehicle thefts have remained steady at around 1,000 cases annually. Fraud incidents dropped dramatically from 2,074 in 2018 to just 81 by 2022. These crime trends offer essential insights... Read more

Property Crime Trends in Philadelphia County, PA Over the Last 5 Years

Philadelphia County, Pennsylvania has seen fluctuating trends in property crimes over the past five years. Larceny-theft consistently records higher numbers, peaking at 4,066 occurrences in 2018 before dropping substantially to around 1,257 in 2021 and then slightly increasing to 2,076 in 2022. Burglary rates also show a significant drop from 995 in 2018 to 471 in 2021, but they increased to 673 in 2022. Motor vehicle theft has maintained somewhat steady numbers, hovering around 1,000 cases annually. Interestingly, fraud saw a dramatic decrease from 2,074 incidents in 2018 to just 81 by 2022. Arson, though relatively low in number, varied between 49 and 87 cases annually. These crime trends can offer potential investors, real estate agents, and insurance professionals crucial insights into the evolving risks and security landscape in the area.

Demographics

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Philadelphia County, Pennsylvania, shows a noticeable gender imbalance with a higher female population. Educational attainment data indicates diverse levels, with a significant portion of the population having only a high school diploma. The age distribution reveals a substantial young adult demographic, particularly those aged 25 to 34 years, which might reflect the city's appeal to young professionals. Racial diversity is apparent, with the Black or African American population slightly... Read more

Race Distribution in Philadelphia County, Pennsylvania (2022)

Educational Attainment in Philadelphia County, Pennsylvania (2022)

Age Distribution in Philadelphia County, Pennsylvania

Citizen Population in Philadelphia County, Pennsylvania (2022)

Political Trends & Data

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Philadelphia County, Pennsylvania, demonstrated a strong Democratic preference in the 2020 U.S. Presidential Election, with the Democratic candidate potentially securing over 81% of the vote. The Republican support may have been less than 18%, and Libertarian votes were minimal at around 0.65%. This trend underscores the county's alignment with broader urban voting patterns, emphasizing its political leanings and potential influence on local policy and... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

In Philadelphia County, Pennsylvania, voting trends from the 2020 U.S. Presidential Election show an overwhelming preference for the Democratic candidate, with the vote percentage possibly exceeding 81%, compared to the Republican share which might be less than 18%. Libertarian votes appear to be minimal, possibly around 0.65%, while there is virtually no support for Green or other parties. This suggests a strong Democratic dominance in the area, reflecting broader urban voting patterns.

17.90% of voters voted for the Republican party in the 2020 Presidential Election

81.44% of voters voted for the Democrat party in the 2020 Presidential Election

0.65% of voters voted for the Livertarian party in the 2020 Presidential Election

School Data

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Philadelphia County, Pennsylvania has shown a promising reduction in its student-to-teacher ratio, decreasing from over 21 in 2016 to about 14.6 by 2023, aligning closer to the national average of 14. This trend could signal enhanced educational resources, potentially boosting the area's appeal for families and influencing property values. Investors and developers might see increased demand for family-friendly housing, while insurance agents could factor in these educational improvements when... Read more

Student-to-teacher ratio in Philadelphia County, Pennsylvania over the last 10 years

In the past decade, Philadelphia County, Pennsylvania has seen fluctuations in its student-to-teacher ratio, peaking at over 21 students per teacher in 2016, which may have stretched resources and impacted educational quality. However, recent years have shown a significant improvement, with the ratio dropping to approximately 14.6 in 2022 and 2023, aligning more closely with the national average of 14. This trend suggests potential improvements in educational resources and teacher accessibility, making the area potentially more attractive to families considering moving here, as well as appraisers and real estate agents assessing property values. For investors and developers, these changes could imply an increased demand for family-oriented housing and community services. Insurance agents might also consider the evolving educational landscape when evaluating policy risks and premiums.