Philadelphia has a population of 1,593,208 with a median age of 34.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,593,208 |
| Median Age | 34.8 |
| White | 37.1% |
| Black or African American | 40.1% |
| Asian | 7.6% |
| Hispanic or Latino | 15.7% |
The median household income in Philadelphia is $57,537, which is 23.4% below the national median of $75,149. The per capita income is $35,553. The poverty rate is 22.7%.
The unemployment rate in Philadelphia is 8.6%, compared to the national rate of 5.4%.
In Philadelphia, 86.9% of residents age 25+ have a high school diploma or higher, and 33.6% hold a bachelor's degree or higher (14.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 86.9% |
| Bachelor's Degree or Higher | 33.6% |
| Graduate or Professional Degree | 14.8% |
The median home value in Philadelphia is $215,500, below the national median of $281,900. The median monthly rent is $1,250. The homeownership rate is 52.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $215,500 |
| Median Monthly Rent | $1,250 |
| Homeownership Rate | 52.2% |
| Vacancy Rate | 9.8% |
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