Philadelphia County
Pennsylvania · Pop. 1,603,797
Ranked #90 of 200 counties
42Moderate
Median Home Price
🏠$260K
4.5% YoY
Median Rent
🔑$1,400
Median Income
💰$48K
Rent Burden
📊35.5%
% of income to rent
Housing Shortage
🏗️32,000
estimated unit deficit
Building Permits (2024)
📋6,800
Price-to-Income Ratio
⚖️5.4x
Homeownership Rate
🏡52.0%
How Philadelphia County Compares
| Metric | Philadelphia County | Pennsylvania | National |
|---|---|---|---|
| Home Price | $260K | $260K | $410K |
| Rent | $1,400 | $1,197 | $1,500 |
| Income | $48K | $74K | $75K |
| Rent Burden | 35.5% | 31.5% | 30.0% |
| Homeownership | 52.0% | 69.0% | 65.0% |
Key Takeaways
- • Home prices are 37% below the national average.
- • Rent is 7% below the national average.
- • The county has an estimated housing shortage of 32,000 units.
- • 6,800 building permits were issued in 2024.
- • Year-over-year home prices changed by 4.5%.