Last updated: 2024 BLS data · Page refreshed:
Philadelphia has a population of 1,579,706 with a median age of 35.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,579,706 |
| Median Age | 35.3 |
| White | 35.1% |
| Black or African American | 39.4% |
| Asian | 8.0% |
| Hispanic or Latino | 15.6% |
| Other / Two or More Races | 1.9% |
The median household income in Philadelphia is $61,953, which is 23.1% below the national median of $80,610. The per capita income is $38,905. The poverty rate is 21.4%.
The unemployment rate in Philadelphia is 4.5%, compared to the national rate of 4.1%.
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In Philadelphia, 87.8% of residents age 25+ have a high school diploma or higher, and 35.4% hold a bachelor's degree or higher (15.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.8% |
| Bachelor's Degree or Higher | 35.4% |
| Graduate or Professional Degree | 15.8% |
The median home value in Philadelphia is $243,100, below the national median of $303,400. The median monthly rent is $1,397. The homeownership rate is 51.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $243,100 |
| Median Monthly Rent | $1,397 |
| Homeownership Rate | 51.8% |
| Vacancy Rate | 9.2% |
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